DeutscheBoerseAGissteppingupitseffortstolurethelucrativebusinessofeuroderivative-clearingawayfromLondonafter"Brexit."TheFrankfurt-basedstockexchangeoperatortold
BrexitposesriskstotheabilityofBritishcompaniestoborrowfromEuropeanbanksandtosomeclearingactivitywhichmighthavetorelocatefromLondononceBritainleavestheEU,theBank
Australia's Great Barrier Reef is at risk of being placed on UNESCO's World Heritage "in danger" list after land clearing laws failed to be passed through parliament, a government minister conceded on Friday.
Bank of China Ltd London Branch becomes the first Chinese PPS (Protected Payments System) Bank of LCH.Clearnet Ltd.
The first phase of China International Payment System (CIPS) was officially launched Thursday in Shanghai, a milestone in the internationalization of the Chinese currency, the renminbi or yuan.
China will open bank card clearing to foreign companies to improve competition and reduce costs to card issuers and users.
China will open the bank-card clearing business to both domestic and foreign investors in an effort to expand the opening up in financial sector and optimize consumption environment.
The People's Bank of China (PBoC) announced on Wednesday morning that the China Construction Bank (CCB) will become a clearing bank of the RMB business in London.
Hong Kong Exchange and Clearing Limited(HKEx), The London Metal Exchange(LME) and Bank of China Limited(BOC) signed a memorandum of understanding(MOU) on cooperation and the exchange of information regarding the clearing of RMB commodity products.
Banking giant Industrial and Commercial Bank of China (ICBC) kicked off its yuan clearing services in Singapore on Monday, marking a milestone in Singapore' s development as an offshore yuan hub.
Economic cooperation between the Chinese mainland and Taiwan has made two more breakthroughs.