Deutsche Bank announced the signing of a co-operation agreement for Cash Management with China Construction Bank (CCB). Both banks will jointly provide their mutual customers in China access to their bank accounts at CCB via Deutsche Bank’s electronic banking platform. In addition, the arrangement will offer reciprocal banking services to local corporates in international markets. As most multinational companies will use local bank services for their Renminbi requirements, this collaboration between Deutsche Bank and CCB will greatly enhance and speed up the processes for corporate customers. It is anticipated that the two banks will have reciprocal business arrangements to facilitate business developments of Chinese corporate customers in international markets by employing Deutsche Bank’s global network. China Construction Bank (CCB) is a state-owned commercial bank with business focusing on medium and long-term lending. Headquartered in Beijing, CCB conducts operations across the Chinese territory as well as in major international financial centres. The July 2000 issue of the Banker magazine ranked China Construction Bank No. 32 among the world’s Top 1,000 banks.
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