Cash Management

Will RMB soon beat USD as the main currency for cross border trade?

The internationalisation of RMB is providing banks with opportunities to enhance their cash management structures in the face of a USD liquidity...

Exclusive

Will RMB soon beat USD as the main currency for cross border trade?

The internationalisation of RMB is providing banks with opportunities to enhance their cash management structures in the face of a USD liquidity...

Exclusive

Why the war on cash is doomed to fail

Every time a new way of paying for something has arrived – credit and debit cards, internet payments, contactless cards, mobile phone payments – the...

Commentary

Integration of cash and trade key for greater efficiency in Asian banks

As clients look for enhanced services, banks will have to strive for better cash and trade product sets - find out what HSBC’s John Laurens, Citi’s...

Exclusive

State Bank of India posts profit but plagued by costly NPAs

Government-owned State Bank of India reported a welcome 15% rise in new profit during the quarter up to December 2011. But this was the only bit of...

In Focus

ICBC rolls out bill poll service for corporate customers

ICBC launch of bill pool service nationwide specially for corporate clients who demand for cash management service.

News

Don’t waste money on FATCA

The FATCA (Foreign Account Tax Compliance Act) legislation was enacted into US law on 18 March 2010 as part of the HIRE Act (Hiring Incentives to...

Commentary

Got your bonus and looking for your next step? Revisit these top tips for career success

As the banking industry moves through bonus season, more and more professionals are expected to test their worth on the job market and seek their...

Commentary

Will cash survive beyond the 21st century?

Whenever I read about the apparently imminent arrival of the cashless society, I smile quietly to myself, knowing that the global facts tell a...

Commentary

HSBC custodian unit appoints Aaron Ng as Asian senior product manager

Former NAB banker will be tasked to develop market and product strategy for the region.

People

Liquidity risk management for Chinese banks to be enhanced

China's banking regulator has begun soliciting public opinions on a new draft in a bid to improve banks' liquidity risk management and safeguard the...

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What you need to know about Lombard Odier’s new hires in AsiaPac

Lombard Odier has expanded its institutional sales team with the appointment of three new members in Asia-Pacific.

People

HSBC Global Asset Management appoints Elizabeth Allen as director and head of credit research

She will head the Asia-Pacific operations, effective immediately.

People

Nikko Asset Management acquires DBSAM Singapore for SGD 137m

DBS has in turn acquired a 7.25% interest of the enlarged Nikko AM.

News

ICBC cash canagement customers exceed 600,000

ICBC secured more than 600,000 cash management customers by end of June, an increase of nearly 20% over the end of previous year. This allows ICBC...

News

ICBC personal pension accounts exceed 9.5 million

ICBC secured its leading market position by having 9,520,000 personal pension accounts under management, RMB 43.5 billion of pension fund under trust...

More News