Global managers are outsourcing FX risk from their growing Asian investments, leading RBC Dexia to set up a dealing desk in Hong Kong.
Tag : london
Through a partnership with JP Morgan and Euroclear, the HK central bank is to offer collateralised cross-border lending on RMB.
![HKMA launches RMB cross-border repo](https://uat.cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20110503042306_renminbi-water.jpg&c=1&h=194&q=100&v=20254214&w=344)
State Street''s regional head of securities lending is off to London to handle the integration of Deutsche Bank''s lending portfolio.