Tag: standard chartered

Despite solid GDP growth, foreign exchange dynamics across the region are deteriorating -- a disconnect that corporate treasurers can no longer ignore, according to banking experts.

Amelia Ng, CEO of Olea, discussed the urgent need to close the gender gap in the trade finance space with CT.

The principles published by the International Chamber of Commerce (ICC) will help provide standardised guidelines for trade finance products.

A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year. Bill Winters, group CEO of Standard Chartered, says "digital assets are here to stay."

PrismFX aims to offer end-to-end FX payments services across 130 currencies and 40 markets through a digital platform.

Two groundbreaking projects, Project Ensemble and Project Guardian, are setting the stage for digital asset innovation in Hong Kong and Singapore.

While each business has its own strategy and budget, fraud and payment standards shouldn’t be ignored as digitalisation becomes more sophisticated; adopting more tools and cooperating with financial institutions is one approach.

Daniel Koh will take the new role from December 1; he was previously global head of treasury markets at Standard Chartered.

The British bank has appointed a new global head of trade and working capital, as well as heads of transaction banking in Asean and Europe.

The addition to SC’s transaction banking arm, initially in Hong Kong and Singapore, aims to help businesses meet ESG-related targets.

Global trade is projected to grow by 55% over the next decade. Tokenisation of trade finance will help close a funding gap, cater to investors’ interest, and increase lenders’ risk appetites, experts say.

The appointments include Mahesh Kini, formerly at JP Morgan, as global head of cash management in Singapore.