PMC Treasury opens shop in Hong Kong

Management consultancy PMC Treasury’s opening in Hong Kong signals that the business of treasury is maturing in Asia.

In the evolution of industry, the first to arrive are the greenfield businesses, followed by the banks and critical support services, then finally the greater universe of value-added and other non-core auxiliary services. The business of corporate treasury in Asia has followed a similar evolution and the signals now indicate that the industry might finally be reaching maturity.

PMC Treasury, a London-based treasury and risk management consultancy that works with buyers of treasury products to ensure they are getting the best bang for their buck, will officially open its first Asia-Pacific office in Hong Kong on June 1. Mark Bobek will be managing director of Asia for the firm, reporting to Michael Pearce, managing...

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