Banks battle for pole position in Singapore renminbi

Newswire

* HSBC, StanChart sell renminbi bonds in Singapore * Several issuers in Southeast Asia studying format * Banks eye billions in business from the region By Nethelie Wong and Christopher Langner May 27 (IFR) - Singapore was staging another race on Monday, and it had nothing to do with Formula 1. HSBC and Standard Chartered each launched their first Singapore-settled offshore renminbi bonds today, overtaking local favourite DBS to ...

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