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Clearing yuan trades a boon for Citi S'pore

Bank No 1 in RMB clearing volumes through ICBC S'pore

[SINGAPORE] Citi Singapore which banks almost all the big multinationals in Asia, has seen its yuan business surge following the launch of the RMB clearing facility here last year.

The US bank, which began clearing its yuan trades through ICBC Singapore last September, is the top bank...

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