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04 February 2015

Simon Jones leaves ANZ prompting Mulder promotion

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...

02 February 2015

Siem Offshore benefits from KfW IPEX vessel financing

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.

02 February 2015

Irfan Afzal joins Wimmer Financial

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

28 January 2015

RMB breaks into world’s top 5 payment currencies

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...

26 January 2015

ADB and Clean Tech Fund support Thai wind project

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...

23 January 2015

HSBC add CCO position to GTRF team

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...

19 January 2015

US Ex-Im report takes aim at ‘opaque’ Asian financing

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

16 January 2015

ANZ poaches Berndt from RBS as new head of GTB

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.

15 January 2015

HSBC bolsters GTRF team

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

19 December 2014

Hans Janus leaves Euler Hermes after three decades

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.

19 December 2014

Siemens & Citi scoop TXF Trade & Treasury awards

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...

17 December 2014

BAML looks inwards for four senior GTS appointments

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

28 November 2014

JP Morgan hires Citi treasury advisory head

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.

27 November 2014

Senate grills US banks over commodities manipulation

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....

25 November 2014

Demica appoints new CEO as Kerle departs

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

22 November 2014

Nord/LB and Finacity arrange multi-bank securitisation for CMA CGM

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

19 November 2014

Trafigura first trader to commit to transparency initiative

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

18 November 2014

TEB becomes fifth EMEA bank to go live with BPO

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...

14 November 2014

Multilaterals push bank participation in SWIFT KYC Registry

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.

07 November 2014

Istanbul hosts SME-focused ICC Banking community

More than 400 trade finance practitioners gathered in Turkey’s cultural and commercial capital Istanbul this week for the International Chamber of Commerce (ICC) Banking...