Mandates and payments roundup, October 18 HSBC offers renminbi trade settlement in its China branches, while Deutsche Bank adds a new liquidity module to Autobahn. October 17, 2011
Renminbi moves another step closer to convertibility China’s move to allow foreign lenders greater access to its interbank bond market will encourage both renminbi offshore trade settlement and liquidity, and marks another step towards the currency’s long-term convertibility. September 06, 2010