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can banks attract deposits across borders?
the trade approach to banking across borders and suggests that di erences in the cost of nancial intermediation and bank eciencies are a key driving factor. Second, the sorting of banks into foreign activities also indicates that banks have to incur substantial xed costs to operate abroad.
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can ant group attract deposits?
Since , HSBC has been providing support for Ant Group's blockchain-based real-time treasury management solution. It facilitates treasury payments across global treasury centres, supporting major currencies including HKD, CNY, USD, GBP, and EUR.
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