Deutsche Bank to offer RMB FX through Hong Kong hub

The German lender has become the first bank to allow any client of DB worldwide world to trade onshore USD/CNY spot and hedging solutions
Deutsche Bank to offer RMB FX through Hong Kong hub

The People’s Bank of China (PBOC) has given Deutsche Bank the green light to use the Hong Kong branch as the central hub to offer cross border Renminbi (RMB) spot and FX derivatives through any of the bank’s branches worldwide. 

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