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 ...
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.
ICBC’s Singapore branch can now provide renminbi cross-border settlements. What factors will help Singapore to rival Hong Kong as a renminbi hub and what will it mean for the CNH? CT asks the experts
Taiwan’s central bank has agreed with its counterpart in China to create renminbi clearing in Taiwan. Trade settlements could shoot up to $12 billion by the end of the year as a result.