10 March 2014
China’s central bank is to remove interest rate ceilings on smaller foreign currency deposits in the Shanghai pilot free trade zone (FTZ). Banks in the city will be free to set interest rates for foreign currency deposits under $3 million in the zone, according to a People’s Bank of China (PBoC) statement.
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About Me
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- Joy Macknight
- I am former editor of The Banker, a Financial Times publication. I joined the publication in August 2015 as transaction banking and technology editor, was promoted to deputy editor in September 2016 and then to managing editor in April 2019. The crowning glory was my appointment as editor in March 2021, the first female editor in the publication's history. Previously I was features editor at Profit&Loss, editorial director of Treasury Today and editor of gtnews.com. I also worked on Banking Technology, Computer Weekly and IBM Computer Today. I have a BSc from the University of Victoria, Canada.
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