HSBC inks deal with LG, appoints Vietnam payments head

HSBC wins a cash management mandate from LG Innotek, and appoints a new head of payments and cash management in Vietnam.

Korean conglomerate LG Innotek has appointed HSBC as its cash management provider for its subsidiaries in mainland China. LG Innotek manufactures electronic components for mobile phones, computers, wireless communications products and cars, and is more commonly known as LG.

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