As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
Getting the jump on FX movements is an artform: it involves finding common themes in disparate narratives and knitting them into real world scenarios. CT looks at some of the meatier metrics.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon