Citi chief executive Jane Fraser often cites it as the crown jewel of the bank’s array of global services. For Surendra Rosha, co-chief executive of HSBC Asia Pacific, it is one of three areas of finance that will define the bank’s success in the region. And for Rajesh Mehta, Citi’s Asia Pacific head of treasury and trade solutions, it constitutes the “financial rails on which all commercial activities are conducted.”
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They are all talking about transaction banking.
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