Treasury/Cash Management - All Articles

  • RMB round-up: November 27, 2015

    In this round-up, ANZ launches free trade units in the Shanghai FTZ, RMB deposits drop in Macau and Taiwan, ECB and PBoC complete testing of swap line, JP Morgan starts RMB money market fund transfer solution, and China might begin a RMB fund in collaboration with CEE countries. Plus, a recap of our top stories this week.

    • 27 Nov 2015
  • RMB to reach 15% of global payments, says HKMA

    China is likely to see the volume of global payments denominated in RMB rise to match its weight in the global economy, according to Esmond Lee, executive director, financial infrastructure, at the Hong Kong Monetary Authority.

    • 18 Nov 2015
  • CIPS vs RMB hubs: which model will prevail?

    China’s cross-border interbank payment system (CIPS), launched on October 8, is revolutionising the way payments are made and received in RMB across the globe. The system is just in its first phase, but as it expands its reach, the role of offshore RMB clearing banks will be called into question.

    • 05 Nov 2015