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HSBC is losing its regional head of product for GLCM to a Singapore-based rival, CT can reveal. In his place, it is promoting two experienced bankers to new roles.
By adopting a new supplier-financing programme, the Chinese wind power generator is giving its suppliers the flexibility to get paid up to 270 days earlier.
A lack of oversight on bank account openings is causing group treasurers headaches when it comes to cash visibility, a new PwC survey shows.
Sandeep Uppal will assume the role of regional head of international subsidiary banking at the beginning of June.
Elaine Lam takes over from the retiring George Lee as the Singapore lender looks to take corporate banking business to "new heights".
In this newly created role, Gerry Keefe will assume responsibility for all corporate banking activities in the region including the financial institutions, public sector group, and global subsidiaries group franchises.