J.P. Morgan’s Asian head of wholesale payments for Asia Pacific outlines the bank’s vision to offer “locally nuanced” solutions to help treasuries handle local business problems
Transaction banking revenues were the highest in a decade last year, according to one industry monitor. CT spoke to bankers in the region to find out what went right.
HK will outline community-influenced policies to attract more treasury centres to the city in the coming year, including tax incentives and benefits for treasurers as net lenders.
Oct 6, 2014
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A recent cash management deal between Standard Chartered Bank and Huawei to launch a multi-currency notional pool exemplifies Hong Kong’s viability for China treasury centres.
Standard Chartered Bank has arranged a 10-year fixed renminbi cross-currency swap based on Hibor for an undisclosed client, highlighting the rapid development of the offshore renminbi market.
Citi transaction services has promoted Sanjay Tandon to Asia-Pacific head of trade finance, replacing Ravi Saxena who now runs the bank’s regional treasury business.
Citi has promoted Ravi Saxena to run the firm's Asia-Pacific treasury and trade solutions business. He replaces Sridhar Kanthadai who now runs Standard Chartered's transaction banking business covering North Asia.