Cash Management

Weekly Global News Wrap: JPMorgan to pay $1b for China fund JV; Credit Suisse mulls job cuts
26 Aug 20
And Australia's BNPL firm Afterpay to acquire Spain's Pagantis.
HSBC Private Banking names market heads for Singapore, Malaysia
12 Aug 20
Both are based in the Lion City.
OCBC, Amundi float dollar cost averaging fund in Singapore
12 Aug 20
It leverages the cost-averaging effect when it allocates assets to equity ETFs.
HSBC Singapore reopens revamped premier centre
6 Aug 20
This is part of efforts to upgrade premises in the country.
HSBC to hire up to 3,000 wealth planners in China
4 Aug 20
The first 100 people have already started in Guangzhou and Shanghai.
Citi, CSOP Asset Management to launch new L&I products
27 Jul 20
The bank will also provide custody, fund administration and trustee services.
Hong Kong-based wealth clients probed for pro-democracy ties
20 Jul 20
"Politically exposed persons" can have a hard time accessing banking services.
Eight in 10 SMEs in ASEAN rely on technology for cash flow woes
2 Jul 20
Technology is the top investment priority by most of the respondents.
Deutsche Bank names new head of China corporate cash management
9 Jun 20
Alvin Ho will oversee the cash management sales in the country.
1 in 3 senior financial officers worried about global recession risks
24 Oct 19
27% flagged the impact of trade tariffs on their businesses.
How Singapore banks are using analytics to drive SME growth
21 Oct 19
By analysing massive data volumes, UOB is able to slash loan processing time by 60%.
How RHB Bank aims to plug Malaysia's $20b SME funding gap
28 Aug 19
The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.
JP Morgan launches working capital index
2 Jul 19
Companies can identify inefficient use of liquidity and improve internal funding sources.
Deutsche Bank names Burkhard Ziegenhorn as global transaction banking head of Southeast Asia
24 May 19
He was formerly the CEO of Deutsche Bank Nederland NV.
Virtual cash management tools are taking off in Asia
15 May 19
Global transaction banking revenues are estimated at nearly $1t in 2017 or 43% of wholesale banking revenues.
UOB renews supply chain financing deal with LiuGong
14 May 19
The bank will provide cash management and trade finance services.
Krungsri embraces emerging technologies to create more value for corporate clients
9 May 19
The bank is the first major player in Thailand to apply blockchain to enhance supply chain transactions.
UOB gives SMEs the digital leg-up in Shopmatic partnership
8 May 19
Small firms can now build customised websites within 15 minutes.
Singapore Budget 2019: SMEs' First Step in a Journey of a Thousand Miles
30 Apr 19
We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and...
Citi unveils digital onboarding for APAC institutional clients
16 Apr 19
Clients can open accounts in as quickly as two days.
Standard Chartered enhances corporate offering for digital collection
15 Apr 19
Straight2Bank Pay aims to simplify the collection process.
RHB Bank unveils mobile banking app for business clients
7 Sep 18
‘RHB REFLEX’ arms its users with flexible cash flow management capabilities.
Japanese regional banks eye information sharing to combat financial crime
13 Aug 18
A system that shares information on suspicious customers and transactions is being considered.
Kasikornbank ties up with DBS to extend funds transfer service to Singapore
10 Aug 18
The bank's inward fund transfer system can accommodate $45,085 at a time per day.
Taiwan has the highest ATM density in the world
2 Jul 18
There is one machine per 826 residents.
ICBC Asia's Wang Zhi Yong discusses the role of blockchain in cash management
14 Jun 18
He also talks about the bank's efforts of tapping new technologies.
China banks move forward on liquidity risk management front
6 Jun 18
Lenders may soon shun less stable short-term funding sources amidst clearer guidelines.
Evolving client roles push for integrated banking platforms
17 May 18
Banks are rolling out digital cash management tools to adapt to changes.
Asian banks pilot cross-border payment test over RippleNet
16 May 18
The collaboration aims to streamline cross-border payments.
Indian banks are facing another massive cash crunch
19 Apr 18
ATM withdrawals are surging as the country still reels from the 2016 demonetisation.
DBS launches online remittance service for non-customers
13 Apr 18
SmartSend allows money transfers to Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, the UK, and the US.
Total deposits in Hong Kong down 0.8% in February
4 Apr 18
Further decline was offset by high savings and time deposits.
Chart of the Week: Check out the composition of Malaysian bank deposits from 2016 to 2017
4 Apr 18
Deposits grew 4% YoY in 2017.
Japanese banks' US dollar assets balloon 88% to $2.5t in 2017
26 Mar 18
They have become the most significant, non-US dollar banking player in terms of size.
China bank's medium-term loans up to $155.06b in February
13 Mar 18
The country's deleveraging campaign boosted return of funding demand to on-balance sheets.
Citi appoints Debopama Sen as head of treasury and trade solutions for Singapore and ASEAN
26 Feb 18
She will report to Rajesh Mehta, Asia Pacific head for TTS, and Amol Gupte, ASEAN head and CEO of Citi Singapore.
Weekly Global News Wrap Up: US banks look beyond trading; JPMorgan launches new payment processing network using blockchain
18 Oct 17
And find out why Canada's alternative lenders face bigger impact from new mortgage rules.
Deutsche Bank launches TradePay in India
16 Oct 17
It is the first paperless import payment solution in the country.
Commerzbank appoints Deepan Dagur as head of trade finance & cash management, Asia
14 Sep 17
In his new role, Mr.
Mizuho eyes growing its cross-border transaction business by $100b
9 Aug 17
The bank hopes for a 20% boost in forex volume with the push into transaction businesses.

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