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Analysts at Fitch Ratings say Asia-Pacific banks' vulnerability rises as China’s growth is slowing and economists at multiple institutions cut GDP estimates for the country.
Tan Siew Meng has been appointed as HSBC’s new regional head of global trade and receivables finance. She was previously the CEO of its Thailand operations.
The last remaining Asian jurisdictions agreed in substance to comply with US FATCA, last week. Corporates should analyse entities in group companies for FATCA status.
The People's Bank of China issued a consultation paper on its deposit insurance scheme; Macau, Cambodia, and the Philippines will be treated as FATCA compliant, sign new IGAs; Australia will delay its Real Time Gross ...
The OECD orchestrated crackdown on transfer pricing is hitting corporate treasury and intercompany finance practices throughout globally and increasingly worries corporates.
China will eliminate the requirement for ministry-level approval on foreign direct investment (FDI), as well as expand Value Added Tax reform; and the Philippines SEC hikes transaction fees.
Australian engineering and construction firm Forge Group Limited has brought in new CFO, Donald Montgomery, to build shareholder value for the company which has seen profits surge of late.
HSBC has hired Bhriguraj Singh as its head of product management for global trade and receivables finance Asia Pacific, a new role for the British-headquartered bank.