Tag: transaction banking

Two leadership roles have been created to boost transaction banking and digital offerings; the British bank also announced its 2024 annual results last week.

Banks are providing incentives to encourage greener, more transparent supply chains, however managing costs is a key challenge, according to a survey.

Bhuchar, who once worked at DBS for over a decade, will join the Japanese bank in Singapore to oversee cash and trade products for Asia Pacific clients.

The British bank has appointed a new global head of trade and working capital, as well as heads of transaction banking in Asean and Europe.

The bank has highlighted transaction banking as a key growth pillar and sees opportunities to help treasurers in the region navigate ongoing and emerging challenges, and to optimise working capital management through digitisation.

Citi veteran, Moinul Huq, has been promoted to the role, from head of the bank’s local transaction banking business.

Cynthia Tchikoltsoff will relocate to the bank’s Asia-based Transaction Banking headquarters in Singapore, in January, to lead the Global Trade Solutions team. Stephane Gaboriaud reports to her as deputy.

Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.

Singapore-based Jocelyn Tan is now responsible for eDistribution across global markets.

The European bank relocates its Zurich-based head of Transaction Banking to Singapore for the role.

The bank appoints two new senior transaction banking leaders in Hong Kong and Italy.

With a new digital banking tool aimed squarely at the region’s SMEs, he spoke to CT about trends in transaction banking, small businesses and what the future holds for corporate treasurers.