Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A senior DBS banker says the Singapore bank has embraced a client-focused digital ecosystem approach. Meanwhile, there appears to be trouble in paradise at a blockchain developer.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon