RMB House of the Year – HSBC

Asia Risk Awards 2012 winner: HSBC – RMB House of the Year

Justin Chan at HSBC
Justin Chan, HSBC

With its roots in Hong Kong and China, HSBC has been at the forefront of developing the renminbi market both onshore and offshore, offering the first renminbi non-deliverable forwards (NDFs) in Hong Kong in 2006 and playing a pivotal role in the offshore market's subsequent expansion.

This has helped make HSBC the leading market-maker for options in offshore renminbi, providing over $10 billion in hedging solutions to corporate clients and a similar amount to its institutional clients, according

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