In the evolution of industry, the first to arrive are the greenfield businesses, followed by the banks and critical support services, then finally the greater universe of value-added and other non-core auxiliary services. The business of corporate treasury in Asia has followed a similar evolution and the signals now indicate that the industry might finally be reaching maturity.
PMC Treasury, a London-based treasury and risk management consultancy that works with buyers of treasury products to ensure they are getting the best bang for their buck, will officially open its first Asia-Pacific office in Hong Kong on June 1. Mark Bobek will be managing director of Asia for the firm, reporting to Michael Pearce, managing...
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