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Dramatic drop in SMEs reporting cash flow issues but woes still exist
My BusinessCash conservation is behind a dramatic drop in the number of businesses reporting cash flow issues, with three times as many SMEs as usual saying they had no cash flow problems in the past year.
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Results show Westpac’s Asia trade finance cutbacks continuing
Australia’s Westpac has continued trimming its trade finance product in Asia, its half year results show. Analysts say its modest market share is likely to be gobbled up by major institutional lenders.
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Investigation: Asian SMEs suffered losses as high as 70,000 USD due to increased FX Fluctuations
Wed, September 30, 2020 Asia Singapore  East & Partners ,Financial Results ,Foreign Exchange ,SMEThe research results of Oriental Partners, a financial institution research company, pointed out that 64% of the interviewed companies admitted that they suffered at least one foreign exchange loss from mid-February to mid-August this year, indicating that this is a common problem. The amount of loss ranges from US$1,000 to US$71,400, which means that the average amount of each loss is about US$11,500.
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The banks are facing a loan default tsunami
Mon, September 28, 2020 Australia  CBA ,Reserve Bank of Australia ,Debt ,Financial Results ,Interest Rates ,LendingMartin Smith at East and Partners says CBA has been on the front foot when it comes to the changes in responsible lending rules. But Smith says the RBA has nowhere left to move and may have to walk back its negative rates discourse.
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CBA, brace for slower growth ahead: Expert
Thu, August 13, 2015 Australia  Financial ResultsLachlan Colquhoun, CEO of East & Partners Asia discusses CBA earnings and forecasts with CNBC.
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Expect improvements in HSBC’s results: Pro
Tue, August 04, 2015 Asia  Financial ResultsE&P Head of Markets Analysis discusses HSBC and Asia Banking
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HSBC’s Ultra Rich Get New Leader
HSBC, one of the world's largest money managers for the ultra-wealthy, has changed the leadership of a key private banking unit that serves them.
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HSBC swaps private banking unit CEOs
HSBC, one of the world's largest money managers for the ultra-wealthy, has changed the leadership of a key private banking unit that serves them.