Blue bonds gaining traction in Asia-Pacific – Industry roundup: 19 September
by Graham Buck
Swift-Wise partnership launches at Sibos; Deutsche Bank offers crypto custody; Citi report on cross-border payments; NAB to exit Hong Kong
International cash management in Latin America is not easy due to the lack of advanced clearing systems and many restrictive regulations prohibiting cross-border cash pooling and other advanced cash…
Read moreby Graham Buck
Swift-Wise partnership launches at Sibos; Deutsche Bank offers crypto custody; Citi report on cross-border payments; NAB to exit Hong Kong
by Graham Buck
BAE agrees US$5.55bn acquisition; India pays for UAE oil in rupees; MAS qualified approval for stablecoins; BRICS bank issues first bonds in rand
by Graham Buck
Japan's economic growth beats forecasts; Argentina devalues and lifts rates; China economic data misses targets; Multinationals expand use of AI
by Graham Buck
mBridge project nears year-end launch; DIversity progress in US firms slows; Japan start-up plans Asia pay network; India to permit vostro accounts;
by Graham Buck
Argentina debt deal with PBOC; Bank of England hikes rate to 5.25%; ICE relaunches corporate bond product; UBS calls time on Crossfinder
by Graham Buck
Borrowing cost gap narrows; RBI promotes digital rupee; Canada hikes rate to 5%; US inflation back at 3%
by Graham Buck
Thames Water gains lifeline; Lufthansa signs new partnership with Deutsche; South Korea open to new banks; Argentina inflation to 'ease' to 142%
by Graham Buck
Powell indicates Fed plans more rate hikes; Bank hikes UK rates to 5%; Yuan heads lower against the dollar; India to raise US$244m for infrastructure
by Graham Buck
Investors return to Japan; Clearstream, Consort1 expand repo market access; Lithium is focus of EU-Argentina MOU; Appetite revives for green bonds
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
by Graham Buck
HK overnight funding rates soar; Crypto exchange Bittrex files for bankruptcy; Bank opinion divided on ESG; Visa CBDC project aids Brazil’s farmers
by Graham Buck
US retailers welcome FedNow; Covid creates need for extra training; Fed hints at easing rate hikes; SocGen warns of credit crunch fallout
by Graham Buck
UK chip designer Arm opts for US listing; Deutsche Bank buys Numis for £410m; HSBC plans US$2bn share buyback; Latin America growth surprise
by Graham Buck
China, Singapore unite on sustainable finance; Chile to nationalise lithium reserves; Meloni upbeat on MPS sale; Zimbabwe's digital currency plans
by Graham Buck
Bank support shrinks for North Sea firms; UK's CFOs more upbeat; Brazil's BNDES signs deal with China; BIS head warns on financial stability
by Graham Buck
EU Chips Act set to get go-ahead; UAE's digital currency moves forward; Alibaba restructure divides opinion; Mastercard demands greener plastic
by Graham Buck
Power outages pressure SA banks; Three emerging new financial hubs; Argentina's debt swap; Viterrra gets sustainability-linked funds
by Graham Buck
Ghana misses debt restructure target; Brazil's corporate debt load grows; Saudi Arabia green hydrogen funds; Swaps market ready for Libor conversion
by Graham Buck
HSBC launches e-commerce digital payments in HK; Deutsche Bank eyes two crypto stakes; AI-powered crypto in demand; China to access Russian titanium
by Graham Buck
Canada’s 4.50% rate could mark peak; LatAm leaders request more funding; South Korea corporate bond sales dip; HK banks offer sweeteners to staff
by Graham Buck
Big banks work on Apple Pay rival; Sweden's rare earths discovery; New use cases for China's digital yuan; Pakistan food group plans IPO
by Graham Buck
France regulator issues 2023 action plan; Japan's PM on working with central bank; WEF questions blockchain; BBVA expands via Central America partner
by Graham Buck
Bank of Canada hikes rate; Biggest gold ETF to use non-UK vaults; Lithium prices ease; LatAm dollar bond sales set to rally
by Graham Buck
Lazard adds geopolitical risk unit; Central banks "ready for recession"; Google to accept crypto payments; BNY Mellon complete Egypt-China payment