Denmark’s Spar Nord Bank has adopted MIT’s front-to-back trade finance platform in a bid to refresh its operational processes.

Simon Jones, head of structured export finance (SEF), Asia Pacific, is leaving ANZ in order to return to the UK. Steven Mulder, who has been promoted to head of South and...

Siem Offshore Rederi (Siem), the subsidiary of Norway-based Siem Offshore, will receive up to $350 million in a financing co-arranged by Germany’s KfW IPEX-Bank.

Former Chase Manhattan Bank, ABN Amro, Credit Agricole banker Irfan Afzal has joined Wimmer Financial as executive director – debt financing.

China’s renminbi (RMB) has become the world’s fifth most-used currency, after overtaking both the Australian and Canadian dollars, in what may prove to be a prophetic...

Thai power production company Chaiyaphum Wind Farm Co has received two loans worth a total of $85 million, which it will use to support the development of a wind power...

HSBC has continued its recent efforts to bolster its global trade and receivables finance (GTRF) team, creating a new chief commercial officer (COO) role which Adrian...

The US Export-Import Bank has released its 2014 competitiveness report, under the shadow of its impending congressional reauthorisation deadline.

Carol Berndt has been appointed ANZ’s managing director for global transaction banking (GTB), leaving her role as global head of transaction services (GTS) at RBS.

HSBC has strengthened its global trade and receivables finance (GTRF) team with two senior appointments.

Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.

Germany’s Siemens and New-York headquartered Citi have been announced as the inaugural winners at the first TXF Trade & Treasury Awards, winning the prize for Best...

Bank of America Merrill Lynch (BAML) has made four senior appointments to its global transaction services (GTS) team, all from within its own ranks.

Gourang Shah has joined US bank JP Morgan as the head of its treasury advisory business for Asia Pacific. His position is effective from December 2014.

US banks Goldman Sachs, Morgan Stanley and JP Morgan have come under heavy criticism from the US Senate over their influence on key commodities such as aluminium and oil....

Demica has appointed Matt Wreford as its new chief executive officer, replacing the outgoing Philip Kerle.

German bank Norddeutsche Landesbank (Nord/LB) has combined with securitisation specialist Finacity to launch an $880 million trade receivables securitisation for France’s...

One of the world’s leading commodity trading companies, Trafigura, has committed itself to the Extractive Industries Transparency Initiative (EITI), the leading global...

Turkish bank TEB has become the fifth bank in the EMEA region (Europe, the Middle East and Africa) – and the sixteenth bank globally – to go live with the BPO, after...

The world’s largest multilateral development banks have clubbed together to encourage more banks to contribute information to SWIFT's Know Your Client (KYC) Registry.