Tag: abn amro

A senior Citi trade veteran is leaving the bank to join HSBC in Asia-Pacific, CT has learnt.

RBS’s retreat from Asia gives BNP Paribas an opportunity to build its market share in the region. The French lender has marked Asia as a growth target and observers say its geographical footprint is a good fit for the clients RBS is cutting loose.

The Qingdao Port investigation will drag into mid-way next year, according to a China trade services expert, treasurers can expect pre-shipment finance to be “virtually impossible”.