Trade Finance

What is best practice when setting up an in-house bank?

The first step in setting up an in-house bank is to define its strategic purpose. 
5 days ago

UBS to adopt LSEG data and analytics solutions

It will affect the bank’s asset classes, business franchises, and trade lifecycle.

BofA appoints new heads for Global Payments Solutions in APAC

Lin Guo and Kitty Yen are head of GPS China and GPS Taiwan, respectively.

China and Egypt strengthen cooperation on settlements, CBDCs

They are enhancing cooperation in local currency settlement.

APAC credit limit approval rates steady at 81%

Trade has slowed globally with subdued investment and spending, Aon said.

MUFG’s APAC transaction banking team names three new MDs

Two head the transaction banking teams in India and Indonesia, respectively.

MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025

They are looking into AI as a means to adopt more sustainable and digital practices.

APAC companies brace for more “ultra long payment delays” in 2025

Over 57% of 2,400 companies surveyed expect a deterioration in late payments.

Deutsche, Ant teams up to improve cross-border payments

They will work on global treasury management and cross-border payment projects.

Companies seek real-time liquidity management to avert cash-flow crisis

There is increased corporate demand for liquidity and risk coverage, says HSBC.

Gov’t greenlights Stablecoins Bill

The bill is expected to come into effect this year.

BofA sees 60% surge in QR sign-ups for CashPro platform

CashPro has surpassed 2 million users globally.

BofA expands Nicole Waaka’s role as head of GPS Australia Corporate Sales

Waaka will be part of the GPS Asia Pacific Senior Leadership Team.

Citi Services launches PayTo initiator for institutional clients

The bank’s clients can initiate account-to-account payments from the service.

ANZ names Chris Raciti as country head of ANZ Singapore

He will also have oversight for eight markets in SEA, India, and the Middle East.