Banks branch out

Corporate treasury

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The advent of electronic trading portals has meant banks have had to reinvent themselves as something more than just liquidity providers to their corporate clients. A growing number of corporate treasurers in the region are using multi-bank trading platforms – considered more efficient and cost-effective – for their plain vanilla hedging requirements. Moreover, the economic slowdown has pushed companies to stream- line their operations, and many have cut down the number of banks they deal with.