Given his big break at IWG in 2013, Glenn Damole, treasury manager of Del Monte Pacific, describes how his cross-border experience positions him well for the future of treasury in Asia.
Singapore might have the pedigree and Hong Kong the proximity to China, but fast-emerging corporate hubs in Southeast Asia are snapping at their heels.
With CBRC approval, the Chinese power generator’s in-house bank completes supply chain financing transactions involving both its own entity and a third party.
High scores in the banking regulator’s benchmarking exercise are vital if an IHB is to win approval to expand its range of services. CT spoke to an SOE treasurer on how the process works.
As the People’s Bank of China steps up its curb on capital outflows, it has U-turned on its well-publicised cross-border renminbi cash pooling policy. Spooked treasurers are tackling the issue head on.