Trade Finance

DBS appoints Vivek Batra as global head of sales for transaction banking

Batra replaces Ken Stratton who has decided to go into semi-retirement after 32 years in banking.

People

DBS appoints Vivek Batra as global head of sales for transaction banking

Batra replaces Ken Stratton who has decided to go into semi-retirement after 32 years in banking.

People

Hong Kong banks' system loans up 9.6% in 2012

Thanks to trade finance and China-related lending.

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Consumers warned of risks over Chinese financial products

A senior Chinese banking regulator warned of risks in wealth-management products of Chinese banks.

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Hong Kong banks' trade finance to grow 20% in 2013

It's also expected to be more China-biased.

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See how RMB payments in US depressingly slumped 38% in December

US slipped to 6th place in offshore RMB countries.

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Standard Chartered appoints Margaret Harwood-Jones as global head for investors & intermediaries, sales

She will be based in Singapore.

People

Shinhan Bank raises $350-M through bonds

Shinhan Bank will have US350 million to refinance its debts and extend loans to smaller companies.

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Standard Chartered RMB globalisation index rebounded in November

It hit a new high of 737.

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DBS Hong Kong launches first RMB Index for VVinning Enterprises

It tracks the actual usage of RMB among Hong Kong companies.

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Renminbi clearing in Taiwan could begin this week

Central bank finalizing preparations for start of renminbi operations.

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StanChart and Shell China gets a go-ahead for a cross-border sweeping structure

Shell China can now use surplus cash for business needs.

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More than 5% of Asian clients want to change bank in the next 6 months

And 25% is likely to do the same.

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Why Asian banks' prospects for 2013 are not in their own hands

Find out why banks can only do as well as the clients do.

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Takaful Ikhlas Appoints New President Cum CEO

Takaful Ikhlas Sdn Bhd (Takaful Ikhlas), a financial protection service provider, has appointed Ab Latiff Bin

People

3 reasons why cross-border RMB business is lucrative for BOC

Its offshore settlement reached RMB948bn, a 30% market share.

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A quick guide to BNP Paribas' newest service for the LSE-SGX cross-trade project

Find out how its post-trade service will benefit Singapore-based brokers unlikely to hold memberships of any UK-based clearing house.

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Bank of England urged to back renminbi trading

Top investment banks ask the BoE to provide a swap line.

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