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29 June 2015

Factoring associations FCI and IFG plan union for global factoring

The boards of the two international factoring associations - Factors Chain International (FCI) and International Factors Group (IFG) – have put forward a formal proposal...

16 June 2015

Simmons & Simmons expands international trade finance practice

International law firm Simmons & Simmons is expanding its trade finance practice with the appointment of Omar Al-Ali who has joined the firm’s London office this week as...

12 June 2015

Olam receive clearance for ADM Cocoa purchase

The European Commission has given the green light to Olam Resources for the purchase of the cocoa business of Archer Daniels Midland Co. (ADM). The $1.3 billion...

29 May 2015

ICC can rekindle banks’ contract with society

Deutsche Bank’s Daniel Schmand is the International Chamber of Commerce’s (ICC) Banking Commission new chairman. Here, he sets out his vision for the trade finance...

22 April 2015

Docdex overhaul to streamline dispute resolution process

An overhaul of the ICC’s Docdex dispute resolution mechanism that will speed up, streamline and make more transparent the process has been launched at the ICC Banking...

22 April 2015

Schmand to take helm at ICC Banking Commission

The International Chamber of Commerce, the world’s largest business organisation, has today named Deutsche Bank’s Daniel Schmand as the new chair of its Banking...

26 March 2015

Louis Dreyfus appoints Asia head of trade finance

Commodity trading company Louis Dreyfus Commodities has appointed Vijay Anand Ramanujam as its new regional head of trade finance for Asia. He is based in Singapore.

24 March 2015

EDC and ICBK sign MoU to promote Canada as RMB hub

The Canadian export credit agency (ECA), Export Development Canada (EDC), has signed a memorandum of understanding (MoU) with the Canadian arm of the Industrial and...

03 March 2015

JP Morgan appoints new global trade head

According to a memo seen by TXF, JP Morgan have appointed Singapore-based Pravin Advani to new head of global trade and loan products replacing Daniel Cotti

11 February 2015

Oil and gas project risk in North Africa outstrips reward

Oil and gas exploration and production (E&P) projects in North Africa are not sufficiently attractive enough today to counteract the risks of doing business there,...

04 February 2015

Glencore buys a 50% stake in ADM’s northern Brazil export terminal

Archer Daniels Midland (ADM) has reached an agreement to sell to Glencore a 50% stake in its export terminal in Barcarena, in the northern Brazilian state of Pará.

30 December 2014

Multisource financing closes for Chile’s Santiago metro new lines

Empresa de Transporte de Pasajeros Metro (Metro), the state-owned owner and operator of the subway system in Santiago, Chile, has closed the financing relating to...

20 November 2014

Sace-backed SME fund aims to tap capital markets

Sace, the Italian export credit agency (ECA), has launched a new fund, targeted at non-listed Italian companies, with a special attention on SMEs and mid-caps.

13 November 2014

Mini Roy joins StanChart public sector group in New York

Following her departure from Sumitomo Mitsui Banking Corporation (SMBC) in September, Mini Roy has joined Standard Chartered Bank (StanChart) as managing director in the...

31 October 2014

BU+20 Foreword

For many years, 80 to be exact, the Berne Union has prevailed as an expert resource for the credit and investment insurance community.

31 October 2014

ECA financing roundtable: export finance in 2019 and beyond

A panel of industry experts explore the key issues impacting the export finance market now and in the future. Topics covered include the impact of Basel III on export...

29 October 2014

Supply chain finance: What’s in a name?

Tackling terminology now could be a stitch in time for the supply chain finance industry - but it will not be an easy ride

27 October 2014

Turkey’s Aklease secures SACE-backed ING loan

Turkish leasing company, Ak Finansal Kiralama (Aklease) has signed a €30 million ($38 million) six year loan with ING, backed by SACE, the Italian export credit agency...

24 October 2014

Berne Union and Prague Club come together for landmark meeting in London

Members of the Berne Union – International Union of Credit & Investment Insurers – came together in London this week for their annual general meeting (AGM). At the same...

24 October 2014

Michal Ron elected as new vice president of Berne Union

This week the Berne Union – the International Union of Credit & Investment Insurers – came together in London for their annual general meeting (AGM), which is also the...