EconomyDeutsche Bank named clearing bank for China's renminbi
Deutsche Bank said China has appointed it as a clearing bank for the renminbi. The bank said the designation marks a first for a European lender. The appointment gives Deutsche Bank a formal role in clearing transactions involving China’s currency. It highlights the bank’s expanded position in renminbi services.
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Reuters★★★☆☆2026-08-10 15:25Original
Deutsche Bank named clearing bank for China's renminbi
Economy