A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
Steady pickup in money markets using the Secured Overnight Financing Rate is helping financial industry participants formulate fallback language for existing financial products that use Libor.
For companies with decentralised operations, virtual cards make a lot of sense. Facilities management company Sodexo estimates it will save $350,000 using them on travel expenses
China’s move to digitize its commodities trade with an ‘open platform’ has received a green light from the government. Expect more blockchain trade soon.
A month on from the news that US dollar Libor could have yet another replacement, CT speaks to experts - including those from ISDA - to find out what it could mean for treasury departments in the region.
Fitch Ratings will use a new system to study ESG factors when compiling credit ratings. Moody’s warns that debt worth $2.2 trillion across 11 sectors could be downgraded due to environmental risk.
