Global banks chase Asia techs transaction business, as trade war rumbles

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Global banks chase Asia techs transaction business, as trade war rumbles

Citigroup, HSBC stepping up efforts.

Global lenders including Citigroup and HSBC are stepping up efforts to sell day-to-day banking services to Asia's fast-growing new technology firms, amid growing competition for more traditional transaction banking. The workaday transaction banking business, which refers to services that deal ...

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