A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The People’s Bank of China has announced a cut in the reserve required ratio – a move that is expected to inject $175bn into the economy - but treasurers should still be wary of reading too much into the move
China has been pushing for more Panda issuance, and a Hong Kong-listed water supply company has delivered despite not holding the top credit rating. It explains how and why.
As Beijing finally acts to restrict controversial, opaque, risky wealth management products, CT looks at what the impact will be for corporate treasurers.
In China, where fintech is already ubiquitous, one company has set its sights on serving millions of SMEs neglected by the existing supply chain finance system.