bny mellon

The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.

BoA Merrill upgrades its online treasury management portal with new applications, while Western Union completes its acquisition of Travelex global business payments.

Citi opens a smart banking outlet in Wuxi, while BNY Mellon launches a new liquidity application for smartphone users.

More regional companies are turning to supply-chain financing as they take a broader approach to risk mitigation.

BNY Mellon is building its China team in an effort to woo more mainland clients with an increased product offering, such as renminbi foreign exchange and money market services.

Most end-users of derivatives lack the ability to manage their risk properly, according to a recent survey by BNY Mellon. We talked to them about best practices.

A. Richard Brown, head of BNY Mellon treasury services for Asia-Pacific, says trade banks will need to invest to benefit from potential new renminbi trade settlement.

Visa develops a new payment service in India, while BNY Mellon enhances its Liquidity Direct solution.

The index tracks 30 Chinese companies that have primary listings through depositary receipts in the US.