Working Group on U.S. RMB Trading and Clearing Hosts RMB Webinar for Financial Institutions in the U.S.

On June 17, 2020, The Working Group for U.S. RMB Trading and Clearing hosted a webinar on RMB opportunities for Financial Institutions in the U.S.

The webinar included presentations by Bank of China, New York Branch; J.P. Morgan; and Bloomberg L.P.; which covered an update on China’s recovery and reforms, current FX market conditions, the benefits of the U.S. RMB clearing operations, RMB settlement case studies, RMB products and services opportunities in the U.S., RMB account opening, and price discovery.