Tag: banking

Zhang Wenjie will return to Citi as the bank’s country officer and banking head for China in July.

The idea is to harness the HKMA's Commercial Data Interchange to help improve access for SMEs to trade finance.

Phil Carmalt will start in the role at BofA on May 29 and will continue to be based in Hong Kong.

The partnership will will help UAE's offer services including BIN-sponsorship, virtual IBANs, and client money accounts.

Asian corporates may see themselves as global organisations, but also appreciate the merits of banking partners that understand the unique characteristics of their regional markets.

The bank wants to ease barriers for companies expanding into new markets by providing market insights into issues such as tax, FDI and regulations, with an initial rollout covering the Lion City, Indonesia and Malaysia.

Singapore-based Matthiessen shared his views on supply chain trends, regulation, rising interest rates and digitisation in Asia.

As banks face greater competition from embedded finance participants, they are looking to innovate enhanced offerings - report commissioned by Temenos.

Singapore-headquartered DBS has announced the launch of a new solution that allows merchants in China to collect payments in e-CNY, China’s widespread CBDC.

The investment will support the bank’s growth in Vietnam and demonstrates the market’s prominence as an Asean trade hub, for local and multinational corporates alike.

During his recent trip to Hong Kong, Randall discussed the trends he is seeing among Apac treasurers, and how the demand for real-time treasury is shaping liquidity solutions.

Hong Kong is well placed to capitalise on e-commerce trends given its status as a regional trade hub and gateway to global markets, according to the bank.