The offshore Yuan is the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the US dollar, Canadian dollar, British pound and the Euro
State Street has been appointed by China’s Harvest Fund Management to provide onshore CNY foreign exchange hedging services for the Qualified Domestic Institutional Investor investment funds
Citi will launch money market fund distribution services to institutional clients in China to help multinational and local corporations in the country to better manage cash amid volatile global markets
Based in Shanghai, Li will be responsible for supporting domestic clients in expanding their footprint globally, and international investors’ entry into China
BNP Paribas Securities Services has confirmed to Asset Servicing Times that Kerdoncuff will be leaving the firm's Shanghai office, but will not be leaving the organisation
BNP Paribas has appointed Stanley Song as co-head of BNP Paribas Securities Services as it continues to expand and develop its presence in Asia
Starlight was founded in 2021 by managing partner Tao Tang, who is also the co-founder of Eastern Bell Capital
NEEQ-owned Beijing Stock Exchange will specialise in innovation-oriented SME stocks, with many companies currently trading on NEEQ expected to migrate to the new exchange
