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Central Banker Report Cards 2024: Asia-Pacific

Global Finance

Australia Michele Bullock: Too Early To Say Reserve Bank of Australia veteran Michele Bullock took the helm as the bank’s first female governor in September last year during intense soul-searching at the institution, which had come under critical scrutiny during the tenure of her predecessor, Philip Lowe.

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Bond Yields Surge in Europe as Old Jitters Return

CFO News Room

labor market boosted investors’ expectations that central banks will begin steadily raising interest rates to fight inflation. The benchmark 10-year U.S. Yields, which rise as prices fall, began climbing in Europe after European Central Bank President. Carsten Brzeski, global head of macro research at Dutch bank ING.

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JPMorgan On Corporate Treasurers And Their ‘Digitization Journey’

PYMNTS

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool.

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Fed Fines HSBC For ‘Unsafe’ Forex Practices

PYMNTS

29) for what it dubbed “unsafe and unsound practices” at the financial institution’s (FI) foreign exchange (FX) trading operations, according to news from Reuters. The bank is said to have neglected to monitor chat rooms through which foreign exchange traders swap information. According to reports, more than $4.3

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World’s Best Sub-Custodian Banks 2024: Regional Winners

Global Finance

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52
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World’s Best Sub-Custodian Banks 2024: Regional Winners

Global Finance

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52
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FX Traders Told To Halt Their Rumor Mill

PYMNTS

Some of the world’s largest financial institutions have banned together to combat rising skepticism over the world’s foreign exchange market, a move that follows billions of dollars in fines issued to banks for their alleged roles in manipulating benchmark rates and exchanging sensitive information.