The Royal Bank of Scotland (RBS) has recruited Cissy Hon to the bank as head of trade product management, North Asia and head of supply chain finance, Asia.

Uralkali, the Russian potash producer, has signed its first ever ECA-backed transaction. The $236 million (€171.4 million) financing will fund the construction of two...

RBS has appointed Michael Gilham as a director for financial institutions trade origination in EMEA at RBS International Banking. He joins from Lloyds Bank where he led...

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...

Barclays is continuing to expand its tade finance team with the appointment of Geoff Parry as UK head of global corporates, trade finance. Parry joins Barclays from...

Regulation was the key challenge identified by panelists at an engaging opening session of the ICC banking commission meeting in Vienna.

An update on the progress of the Bank Payment Obligation (BPO) was provided at the ICC Annual Meeting in Vienna, Austria. Questions flew in thick and fast from bankers...

Equinox Global, the Lloyd’s coverholder specialising in trade credit, has increased its available capacity to underwrite from $35 million to $50 million, effective 1...

The Bank of America Merrill Lynch (BAML) has recruited Meeta Makhan as managing director and head of Global Transaction Services (GTS) in India team, further...

Daniel Riordan, CEO of Global Corporate, Zurich North America has been elected president of the Berne Union – the international association of export credit insurers. He...

HSBC has made appointments in its commodities in Singapore and in payments and cash management in Sydney. In Singapore, the bank has appointed Woei Kuen Yeo as head of...

International law firm King & Spalding has hired Alejandro Jara, former deputy director general of the World Trade Organisation (WTO), as senior counsel in the WTO and...

Bank of America Merrill Lynch (BofAML) has named Percy Batliwalla as the new global head of sales for large corporates and financial institutions in global transaction...

In a landmark transaction and development for Nigeria and West Afirca, Nigeria’s Dangote Industries has signed a medium-term $3.3 billion loan agreement with a consortium...

VTB Bank’s Shanghai branch, the only Russian bank with a Chinese financial operation licence, has begun conducting transactions in renminbi (RMB) for corporate clients...

Standard Chartered (StanChart) has set up a global treasury solutions team for its transaction banking business. The team is responsible for providing best practice...

Deutsche Bank is increasing automation in its trade payments processes with China. As of 1 September 2013, the bank will launch paperless cross-border payment services in...

KfW IPEX-Bank has arranged a €170 million ($227.5 million) loan for the Indian steel manufacturer Bhushan Power & Steel Limited (BPSL). The financing will be used for...

Insurer Equinox Global, has made two hires expanding the trade credit team in the US and in Germany. The Lloyd′s cover holder specialising in trade credit insurance,...

India’s Essar Steel is looking to the trade finance and syndicated loan market to convert much of its existing debt to dollars. The company is hoping that pre-export...