Citibank N.A. announced that the bank has established the United Arab Emirates (U.A.E.) as its new regional hub for trade and investment services in the Gulf area. ‘Dubai is set to become Citibank’s next regional hub, just as Hong Kong became the regional trade and investment hub for Asia some years ago. Citibank firmly believes in the tremendous trade opportunities which lie ahead, based on a significant increase in business, which we have seen throughout the Gulf region,’ said Shehzad Naqvi, Country Corporate Officer for Middle East & South Asia, at Citibank. ‘Today, much of the business is being done on open account, and to meet local needs for greater liquidity and risk management, Citibank is launching the new Open Account Trade Solutions, providing significant benefits to exporters across the region’.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more