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News
12 January 2016

Sberbank of Russia joins SWIFT's KYC Registry

Sberbank of Russia has revealed it is the latest bank to join SWIFT's Know Your Customer (KYC) Registry - a centralised repository that maintains a standardised...

Perspective
11 January 2016

The dirty underbelly of localisation

Localisation requirements in emerging-markets projects are meant to be a way of giving back; an attempt at ensuring a lasting beneficial legacy for the local population...

News
11 January 2016

Record breaker: ADB approves $27bn in 2015

The Asian Development Bank's (ADB) operations reached an all-time high of $27.15 billion in 2015. The figure - a sign of the continent's demand for development...

News
11 January 2016

Eversheds boosts Hong Kong office with two new hires

Multinational law firm Eversheds has appointed Jae Lemin as a partner in the banking and finance team, and Paul Moloney as Of counsel in the financial services and...

News
11 January 2016

Sberbank of Russia joins SWIFT's KYC Registry

Sberbank of Russia has revealed it is the latest bank to join SWIFT's Know Your Customer (KYC) Registry - a centralised repository that maintains a standardised...

News
11 January 2016

China-led AIIB reveals opening date

The China-led Asian Infrastructure Investment Bank (AIIB) will be open for business in Beijing on 16 January 2016. The development bank now has 57 members and is seen...

News
11 January 2016

Seaborn Networks seals $500m funding for Seabras-1

Submarine communications cables developer Seaborn Networks has completed its $500 million funding for Seabras-1 - a fibre optic cable system connecting New York and...

News
11 January 2016

More British SMEs willing to recommend their banks

Bank recommendation levels are on the up among British small and medium-sized enterprises (SMEs), according to research overseen by the British Chambers of Commerce...

News
11 January 2016

FMO leads loan to build Myanmar telecom towers

A group of European development banks, led by the Netherlands' FMO, have lent Myanmar-based Irrawaddy Green Towers $122 million to build telecom towers in the...

News
11 January 2016

Entire agreement clauses - do they work or not?

US-based global law firm Reed Smith has examined the effectiveness and limitations of entire agreement clauses. Questions regarding their effectiveness appear to arise...

News
11 January 2016

TPG Capital hires ex-IFC head to lead investment hunt

The former head of the International Finance Corporation (IFC) has been hired by American private-equity firm TPG Capital to lead a new investment drive into...

News
08 January 2016

Noble Group sees rating cut to junk

Hong Kong-headquartered commodity trader Noble Group's credit rating has been cut to junk by Standard & Poor's. The ratings company lowered Noble Group to...

News
08 January 2016

Cocoa prices could tumble in 2016 as surplus hits

Cocoa - the best performing commodity of 2015 - is set to plunge this year, according to Rabobank International. A global surplus will send prices tumbling, it...

News
08 January 2016

Australia set for record trade deficit as commodities slump

Australia is set for a record trade deficit amid plummeting prices for the country's key commodities. The January-to-November shortfall has already surpassed the...

News
08 January 2016

Olam may land $175m financing from IFC

The International Finance Corporation (IFC) is eyeing up a $100 million loan facility and up to $75 million mobilisation to Singapore-based commodity trader Olam...

News
08 January 2016

EIB and BNP Paribas Fortis seal SMEs loan deal

The European Investment Bank (EIB) and Belgium-based BNP Paribas Fortis have signed a partnership deal for each to provide a €250 million loan to support projects...

News
08 January 2016

Chinese firm kicks off Ethiopian football stadium plans

A $120 million stadium will be built in Ethiopia by a Chinese company to increase the country's chances of hosting international and continental football...

News
07 January 2016

New speakers join TXF’s New York conference

Representatives from Bechtel and Boeing will be speaking at TXF’s one-day conference in New York. The conference, which will be held on 22nd January 2016, is...

News
07 January 2016

ICC Academy hires new commercial director

The Paris-based International Chamber of Commerce (ICC) Academy has appointed Vijey Ananda as commercial director. His role will focus on the development of the...

News
07 January 2016

BAML launches US dollar cross-border cash pooling in China

Bank of America Merrill Lynch (BAML) global transaction services has announced the launch of automated US dollar cross-border cash pooling services for corporations...