China’s big four state-owned banks are finally getting to grips with merging their cash and trade divisions. So far, the effects have been limited, but the principle is sound, CT explains.
CorporateTreasurer explains its reasoning behind the winners from our inaugural China Awards for the Best Transaction Banks and Solutions, in collaboration with FinanceAsia
In one month, China’s foreign exchange regulator has fined 48 corporates, banks and individuals. European chemistry giant Solvay, as well as HSBC, are on the list.
The French bank intends to boost its presence in China and the Asia Pacific region. It's promoting three senior staff and poached two from Deutsche Bank.
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