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JP Morgan to roll out RMB clearing globally
01 July 2010
JP Morgan is now providing RMB Nostro accounts and clearing services globally to support clients’ cross border trade finance and clearing needs with China.
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JP Morgan RMB
JP Morgan Asia
RMB trade finance
RMB clearing
JP Morgan treasury services
In response to the People’s Bank of China (PBOC) announcement expanding the scope of RMB international settlement, JP Morgan Shanghai branch is now providing RMB Nostro accounts and clearing services to its bank clients globally.
JP Morgan is one of the first foreign...
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