News

The World Bank has appointed Mizuho banker Tsutomu Yamamoto as managing director of the Multilateral Investment Guarantee ...
The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.
When oil-rich South Sudan achieved independence in 2011, it entered the club of nations with a clean financial slate and no government debt. But in the intervening years, many of them marred by a ...
The US government’s shift towards real-time sanctions enforcement for seaborne Iranian oil trade risks leaving banks and commodity traders exposed to high costs and gruelling litigation, researchers ...
HSBC can continue gaining market share in trade finance despite uncertainty created by US tariffs, chief executive Georges Elhedery has said, as the bank reported a bump in trade revenue in the first ...
Metals and mining conglomerate Metinvest Group has closed a €23.6mn buyer credit facility with Deutsche Bank, backed by Finnvera.
Sweden-headquartered fintech Enigio has teamed up with Commerzbank and Siemens to complete a proof-of-concept for a digital ...
Credit and political risk insurance broker Texel Group has completed its transition to 100% employee ownership.
Swiss trade finance lender Banque de Commerce et de Placements (BCP) has lost a second bid to claim just over US$19mn from China Aviation Oil in a dispute stemming from the collapse of commodity ...
JP Morgan says South African telecommunications provider MTN SA has become the first customer to use the bank’s digital bill of exchange product. The product, which uses Swedish digital trade fintech ...
India is seeking to drastically boost exports from its fast-growing economy at a time when the outlook for global trade is uncertain. A brief conflagration in the long-simmering conflict between India ...