gts

Tom McCabe, DBS managing director and head of global transaction services (GTS), says large Asian firms with about $100 million to $1 billion in turnover are not being served by global banks in Asia.

RBS appoints Frank Hamer as head of global transaction services in China.

HSBC issues its first renminbi cashier's order in Hong Kong, while Citi adds a new intercompany-lending module to its treasury platform.

Citi hires Mylene A Caparas from Deutsche Bank to lead global transaction services in the Philippines.

Deutsche Bank bolsters its global transactions banking team in Asia.

The firm provides a tax solution to Royal Thai Customs.

Citi appoints new regional head of global liquidity, investments and receivables within GTS.

Internal transfers see Carmen Ling named head of GTS for Hong Kong and Faisel Ameen appointed GTS head for Vietnam.

Nigel Dobson and Sridhar Kanthadai climb the global transaction services ladder at the US bank.