Six months after so-called 'Liberation Day', Asian firms are showing signs of adaption and stabilisation, according to a new trade survey from HSBC. India, Bangladesh, and Indonesia appear to be performing well.
CT recently caught up with Manoj Dugar and Yvonne Yiu, HSBC’s Apac regional co-heads, global payments solutions, about how payments are being impacted by tariffs, AI, cost pressures, differing systems, and the desire for speed and interoperability.
When corporate treasurers face market volatility, HSBC’s Rahul Badhwar explains how the bank’s HSBC AI Markets platform, which uses natural language processing and machine learning, is helping clients cut through complexity, manage risk, and focus more time on strategic decision-making.
The window left for negotiation remains key for the market to understand the impact of tariff policies, according to experts speaking at HSBC’s summit in Hong Kong this week; overnight the White House has announced 25% tariffs on cars from April 3 and car parts from May 3.
Mar 26, 2025
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The bank's regional Apac co-head of trade finance has said he is leaving to take a break; Aditya Gahlaut, has started as regional head, Asia, global trade solutions, at HSBC; the bank has also made changes in its regional payment leadership team.
Intra-group cross-border transactions are netted monthly into Renminbi through netting settlement centres, across nine mainland entities. The solution, via HSBC, unlocks working capital, and is exposed to the valuation of the under pressure Rmb.
HSBC has become the latest bank to sign a $1bn risk-sharing facility with the International Finance Corporation, to help address a trade finance gap in emerging markets.
Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.
The fund has more than doubled in size over the last year; meanwhile, the bank is set to restructure from January 1, 2025 and has appointed Pam Kaur as its next group CFO.