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.
Head of Commercial Treasury Abel Martins Alexandre spoke to CT about relocating its treasury from London to Singapore – and what it took to transform its treasury into a commerical entity
Hong Kong and Singapore might present themselves as the only spots to host RTCs. But corporates say setting up in China's capital can see a treasury unit play another role entirely...
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.
Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.