Bank of New York Mellon has been gaining ground in key businesses in the region such as trade financing and payments ..

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Bank of New York Mellon has been gaining ground in key businesses in the region such as trade financing and payments .. Chinese banks are deepening their cash, treasury and trade capabilities, with an eye on long-term growth opportunities Sunila Shivpuri, chief information officer of global banking at Deutsche Bank, on the re-engineering of the bank’s cash management platform. Steve Aliferis, as regional manager for working capital services at NAB, talks about managing a transaction business by being an outsourcing agent for banks, while also outsourcing certain services himself. Bankers predict there will be more shared mandates Standard Chartered Bank’s global head of client access Neil Livingston looks after the wholesale bank’s channels, solution delivery, network management and service management.. Iain Taylor, HSBC’s local head of global payments and cash management, has since January 2009 made Singapore his base of operations.. JPMorgan Chase’s incorporation of a subsidiary in Beijing in October 2007 opened the doors to renminbi service rights.. “We’re back to the future,” says Francesco Vanni d’Archirafi, CEO of Citi’s Treasury and Trade.. While transaction banking may be the last preserve of healthy fee income, a shake-out is coming that will redraw the map.. |
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