Deutsche Bank taps into yuan's business potential

Deutsche Bank is keen to expand its yuan business globally to support its corporate and investment banking clients.

"We have seen significant growth in our yuan business over the last two years and continue to see growing interest from European and Middle Eastern issuers and corporates considering the yuan as a currency for both trade and financing," said Alan Cloete, Deutsche Bank's co-chief executive of Asia-Pacific.

via Business feed http://www.scmp.com/business/banking-finance/article/1096058/deutsche-bank-taps-yuans-business-potential