City of London not seeking RMB clearing bank
The City of London Corporation’s Stuart Fraser tells Asiamoney PLUS that London has no plans to establish an onshore clearing bank, ensuring the city will continue to clear its renminbi through Hong Kong.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts