As a group HSBC, Standard Chartered, and Citi are ceding ground in terms how much money their primary customers spend with them, research from East & Partners reveals. At the same time, treasurers in the region are ...
CT's Working Capital Chronicle has been updated. New deals include: Singapore Airline's new FX payments facility; Toyota's new derivatives reporting platform; and LyondellBasell Industries' cash management solution.
The Singapore Stock Exchange is pushing the use of ISO20022 messaging format actions for corporate announcements. The general response from smaller companies has been muted at best, however.
It seems treasurers are hard to please. Based on research compiled by East & Partners, the level of satisfaction of transaction banking services in Asia is misaligned with the quality of service they are getting.