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Chow Wan Thonh, previously regional head of client coverage for ASEAN and South Asia, will now be head of global industries group. Heidi Toribio to take her place.
Amidst signs of growing interest from institutional investors in holding cryptocurrencies, service aims to provide custody services for most-traded crypto assets at start and expects to begin operations in London in 2021.
Platform called SOLV, which currently operates in over 20 Indian towns, plans to expand to 200 towns within a year, and considers itself well-positioned to expand to other geographies beyond India.
Robins is retiring after a four-decade career. Bank also says it has hired Kei Fehr, from Wells Fargo, to be its new global head of trade.
Inability of various technology platforms to communicate with each other securely and lack of scale are obstacles to greater digitization, say bankers.
Banks join 12 others to co-develop trade registry proof-of-concept in move supported by Singapore government and endorsed by lenders’ association.