Latest cash management/trade finance news

  • ADB faces hurdles to RMB funding

    The Asian Development Bank (ADB) is struggling to find the long term RMB funding it needs in both onshore and offshore markets, treasurers at the development bank told GlobalRMB at their head office in Manila.

    • 07 May 2018
  • Cips expands hours, but Swift sees more work to do

    The China cross-border interbank payment system (Cips) started 24 hour operations on May 2, the central bank announced. But Swift thinks there is plenty of room to improve China's clearing and settlement infrastructure.

    • 03 May 2018
  • China in the Year of the Dog: FTZs are dead. Long live FTZs

    In the third of a four-part series of articles on China’s financial transformation, cash management experts tell GlobalRMB the wheels are again in motion for foreign corporations in China to move past nearly three years of strict capital controls that have all but killed their intent of using the country as a regional treasury hub.

    • 09 Mar 2018
  • The fintech revolution is here, says IFC

    Financial market participants will need to embrace the rise of new technology to survive the transition to a post-cash society, an area where China is taking the lead, Andi Dervishi, CIO and global head of fintech, e-payments and new finance at International Finance Corp (IFC), told a conference in Hangzhou.

    • 28 Nov 2017
  • SWIFTRef, gpi set to increase RMB payment efficiencies

    Swift is looking to further streamline the RMB payment experience with the recent integration of China’s cross-border interbank payment system (CIPS) data with its information platform and the launch of the global payments innovation (gpi) initiative, Eddie Haddad, managing director for Swift in Asia Pacific, told GlobalRMB.

    • 08 Nov 2017
  • RMB round-up: Xi orders watchdog to prevent financial risk, VW Financial’s China arm strikes second onshore bond, UK remains biggest centre for RMB FX trading

    Chinese president Xi Jinping orders authorities to take action to prevent financial risk, Volkswagen Financial Services’ China arm issues its second renminbi-denominated bond, and the UK reaffirms its status as the biggest centre for RMB FX trading.

    • 28 Apr 2017
  • PBoC takes first step to reboot RMB internationalisation

    People’s Bank of China (PBoC) relaxed capital controls for the first time since 2015 last week, scrapping an order introduced in January. Experts say the move is an attempt to rebuild foreign investors’ confidence, and may even signal a return to full blown renminbi internationalisation.

    • 21 Apr 2017
  • New FTZs could be salve for capital outflows blockade

    Foreign investors looking for opportunities in China will now have seven new free trade zones to choose from, following a low-key launch on March 31. While the impact of the individual zones will take time to evaluate, some argue the new FTZs could address China’s capital outflow problems.

    • 10 Apr 2017
  • RMB trade slump drives treasury sophistication

    The growth of renminbi trade has stalled, but it has forced a turning point in how corporates use the Chinese currency

    • 05 Apr 2017
  • A case for the renminbi’s growing maturity

    Renminbi depreciation has been one of the market's most talked about issues with many predicting the trend to continue well into 2017. But ICBC Asia’s co-head of global markets Jimmy Jim told GlobalRMB that such fears are overblown and he believes the renminbi is maturing into a two-way fluctuating currency.

    • 09 Mar 2017

Cash management/trade finance news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 21.76
2 Agricultural Bank of China (ABC) 15.11
2 CITIC Securities 15.11
4 China CITIC Bank Corp 13.60
5 Industrial and Commercial Bank of China (ICBC) 10.58

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,647.07 43 8.76%
2 Morgan Stanley 8,481.96 28 7.70%
3 Goldman Sachs 8,059.99 32 7.32%
4 China Securities Co Ltd 6,098.46 17 5.54%
5 Bank of America Merrill Lynch 5,384.74 11 4.89%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 12,759.16 95 7.41%
2 Citi 11,327.78 69 6.58%
3 Goldman Sachs 8,568.36 34 4.97%
4 JPMorgan 8,456.82 37 4.91%
5 Bank of America Merrill Lynch 7,806.04 40 4.53%

Asian polls & awards

  • The Australian Fixed Income Poll 2018

    Asiamoney, in association with National Australia Bank, invites all fixed income investors in Asia and Europe to participate in the Australian Fixed Income Poll 2018. The online poll will take only five to 10 minutes to complete.

  • Regional Capital Markets Awards Part IV: Investment Bank

    In the last instalment of our 2017 awards, we present the full write-ups of the winners of Best Asian Investment Bank and Best Investment Bank.

  • Regional Capital Markets Awards Part III: Bonds

    In the third instalment of our 2017 awards, we present the full write-ups of the winners of the Best Local Currency Bond, Best High Yield Bond, Best Financial Bond, Best SSA Bond, Best Investment Grade Bond, Best Project Finance Deal, Best Bond, Best G3 and Local Currency Bond House, and Best High Yield Bond House.

  • Regional Capital Markets Awards Part II: Equities

    In the second instalment of our 2017 awards, we present the full write-ups of the winners for Best Follow-On/Accelerated Bookbuild, Best Equity-Linked Deal, Best IPO, Best ECM Deal and Best ECM House.

  • Regional Capital Markets Awards Part I: Loans

    In the first instalment of our 2017 awards, we present the full write-ups of the winners for Best Investment Grade Syndicated Loan, Best High Yield Syndicated Loan, Best Leveraged/Acquisition Finance, Best Loan and Best Loans House.