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Yang will in December succeed Eric Raynaud, who is retiring after a more than 40-year career in banking, including more than half that time in Asia.
When setting up a cash pool there are various legal implications to consider. CT looks under the hood at licensing requirements.
It was once the ugly duckling of banking, but today the rush for a career in treasury services is mirroring the rise of transaction banking as the banking breadwinner
Expectations that banks will be able to recoup losses from low interest rates by hiking fees remain unrealistic given the weak overall economic conditions in China and Hong Kong
HSBC Global Asset Management is making senior appointments in Japan, and naming a new CEO to take up the reins in Singapore
JP Morgan has expanded the remit of a senior banker, putting him in charge of strategy for the Asia Pacific region while retaining him at the helm of the lender’s Hong Kong operation