Cash Management
State Bank of India posts profit but plagued by costly NPAs
Government-owned State Bank of India reported a welcome 15% rise in new profit during the quarter up to December 2011. But this was the only bit of...
State Bank of India posts profit but plagued by costly NPAs
Government-owned State Bank of India reported a welcome 15% rise in new profit during the quarter up to December 2011. But this was the only bit of...
ICBC rolls out bill poll service for corporate customers
ICBC launch of bill pool service nationwide specially for corporate clients who demand for cash management service.
Don’t waste money on FATCA
The FATCA (Foreign Account Tax Compliance Act) legislation was enacted into US law on 18 March 2010 as part of the HIRE Act (Hiring Incentives to...
Got your bonus and looking for your next step? Revisit these top tips for career success
As the banking industry moves through bonus season, more and more professionals are expected to test their worth on the job market and seek their...
Will cash survive beyond the 21st century?
Whenever I read about the apparently imminent arrival of the cashless society, I smile quietly to myself, knowing that the global facts tell a...
HSBC custodian unit appoints Aaron Ng as Asian senior product manager
Former NAB banker will be tasked to develop market and product strategy for the region.
Liquidity risk management for Chinese banks to be enhanced
China's banking regulator has begun soliciting public opinions on a new draft in a bid to improve banks' liquidity risk management and safeguard the...
What you need to know about Lombard Odier’s new hires in AsiaPac
Lombard Odier has expanded its institutional sales team with the appointment of three new members in Asia-Pacific.
HSBC Global Asset Management appoints Elizabeth Allen as director and head of credit research
She will head the Asia-Pacific operations, effective immediately.
Nikko Asset Management acquires DBSAM Singapore for SGD 137m
DBS has in turn acquired a 7.25% interest of the enlarged Nikko AM.
ICBC cash canagement customers exceed 600,000
ICBC secured more than 600,000 cash management customers by end of June, an increase of nearly 20% over the end of previous year. This allows ICBC...
ICBC personal pension accounts exceed 9.5 million
ICBC secured its leading market position by having 9,520,000 personal pension accounts under management, RMB 43.5 billion of pension fund under trust...
GRG launches innovative cash management solution
GRG’s AutoDepot P2801L is an intelligent cash deposit machine that can automate transactions by counting, identifying, sorting and saving...
Australians in looming debt spiral
NAB study shows 2.6mn Australians would have difficulty raising $3000 in an emergency while many lack access to basic banking services.
Vietnam first in Asia Pacific for HSBC's receivables management solution
Vietnam is the first Asia Pacific market in which HSBC has launched the Integrated Receivables Solution service consisting of VirtualAccount...
Disaster in Japan: impact on Cash Investment Strategies
Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.
Consumers spending remains strong
Retail sales value growth eased to 8.6% in February, due to the Lunar New Year holidays.
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