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27 July 2017

OCC outlines top banking risks

Regulatory non-compliance, more lax lending standards, cybersecurity threats and a rapidly consolidating fintech market are among the top risks facing banks, according to...

27 July 2017

Corporate treasurers under more pressure to build solid banking relationships

At a time when geopolitical events such as the UK's Brexit vote and the election of US President Donald Trump in the US are increasing the threat of trade...

27 July 2017

Falling transaction banking revenues hurt Deutsche Bank in Q2

Germany's Deutsche Bank is already dialling back on its turnaround ambitions after posting its weakest quarterly revenue for 3.5 years. During Q2, earnings at its...

27 July 2017

Berne Union releases July newsletter

The latest issue of The Bulletin, a bi-monthly source of news, views and statistics from the international credit and investment insurance industry, is available now...

27 July 2017

Indian wind auction winners ink PPAs

PTC India, as organiser of India's first Wind Auction Scheme, has signed the power purchase agreements covering the acquisition of 1.05GW of wind power from the...

27 July 2017

Kuwait seeks energy venture with traders from Glencore to Vitol

Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers attempting to claw back some of the profit traders such as Vitol...

27 July 2017

Yancoal gets OK to on-sell 16.6% of key Rio Tinto coal assets

Yancoal Australia has been cleared by its Chinese parent, Yanzhou Coal Mining, to sell 16.6% of the key assets of Rio Tinto's Coal & Allied division, once its...

27 July 2017

Werner Hoyer reappointed president of the EIB

Werner Hoyer has been reappointed president of the European Investment Bank (EIB) for another six-year term, starting on 1 January 2018. He began his tenure as president...

27 July 2017

Part 2: TXF-ICC Global Export Finance Survey 2017

The second instalment of the TXF-ICC Global Export Finance Survey 2017 – which complemented the ICC’s 2017 Rethinking Trade & Finance report – incorporates the more...

26 July 2017

Turning up the gas: Traders bet on shale future

The end of the US’s crude oil export ban in 2015 heralded greater appreciation of shale and its potential opportunities. Commodity traders are now increasingly active in...

26 July 2017

Sue Duckett named executive VP at Franklin Capital

Illinois-based Franklin Capital Holdings has named Sue Duckett, a former Bibby Financial Services executive vice president and managing director, as executive VP....

26 July 2017

Calypso acquires Stake in Sernova Financial

Capital markets and investment management software provider Calypso Technology has acquired a minority stake in Sernova Financial, a provider of cloud-based clearing and...

26 July 2017

Banks must collaborate to survive PSD2

The introduction in the UK of PSD2 open banking regulations will amplify the fact that financial institutions are no longer competing with each other but with every...

26 July 2017

Standard Chartered caught up in alleged payments fraud

Standard Chartered is fighting to recover Sh540 million it wired to Singapore's Continental Energy after Kenya's Vivo Energy said it had not instructed the bank...

26 July 2017

Suppliers under pressure to reach buyers directly

Suppliers need to find a way to reach buyers directly as competition from giants like Amazon means their products are increasingly sidelined in companies' procurement...

26 July 2017

Bangladesh to probe money laundering through trade

Bangladesh's National Board of Revenue will focus on rooting out illicit outflows of money through international trade after it found more than 80% of money...

26 July 2017

BayWa r.e. sells Hughenden solar project to Lighthouse

German company BayWa Renewale Energy has sold the 20MW PV project, currently under construction in Queensland, to the Australian investment company Lighthouse...

26 July 2017
in
Transport

Shanghai Dredging closes $30m Chexim-backed loan

CCCC Shanghai Dredging this month closed a $30 million China Exim Bank (Chexim)-backed loan to finance the procurement of basic engineering and dredging...

26 July 2017

BlackRock and Lightsource tie-up targets £1bn solar portfolio

The partnership, known as Kingfisher, will initially include 158MW of Lightsource assets comprising of 25 UK solar projects, all with government subsidies for their...

26 July 2017

UPPCL tears up the PPAs for six solar projects

Transmission and distribution company Uttar Pradesh Power Corporation (UPPCL) has cancelled the power purchase agreements for six solar developments that failed to...