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08 September 2016

Blockchain breakthrough? Barclays processes distributed ledger transaction

Trade finance’s first global blockchain transaction has been completed by Barclays and Wave via SWIFT, hinting at an exciting and digital future for banks and corporates....

08 September 2016

How Glencore's roller-coaster ride tamed swashbuckling CEO

Glencore chief executive officer (CEO) Ivan Glasenberg ran the commodities giant with swagger - until plummeting metal prices in 2015 forced a rescue plan that is...

08 September 2016

Eversheds adds to project finance practice with 2 hires

Global law firm Eversheds has appointed London partners Mark Dennison and Conrad Purcell. Dennison focuses on clean energy and infrastructure finance, while Purcell...

08 September 2016

IIC boosts access to finance for Brazilian SMEs

Small and medium-sized enterprises (SMEs) in Brazil will have increased access to finance thanks to a $40 million loan from the Inter-American Investment Corporation...

08 September 2016

Barclays claims world-first blockchain trade finance deal

Barclays and start-up Wave say they have carried out the world's first trade transaction using blockchain technology. The deal guaranteed the export of cheese and...

08 September 2016

Euler Hermes and CPPIC announce joint venture in China

Insurer Euler Hermes has teamed up with China Pacific Property Insurance Company (CPPIC) to launch a Shanghai-based credit insurance venture called CPPIC Euler Hermes...

08 September 2016

KDB asked by court to provide Hanjin Shipping funds

The Korea Development Bank (KDB) has been asked by a court to provide fresh funds to Hanjin Shipping, the country's largest container shipping line. Creditor KDB...

08 September 2016

Atradius spreads its wings into South Korea

Insurer Atradius is moving into the South Korean market after being awarded a license by the Korean Financial Supervisory Service. It enables Atradius to receive...

08 September 2016

Falcon Group and Aon team up to boost British exports

Specialist financier Falcon Group has signed a memorandum of understanding (MoU) with insurer Aon to boost British exports by helping businesses seeking export finance...

08 September 2016

Djibouti becomes Afreximbank participating state

Djibouti has become a participating state in the African Export-Import Bank (Afreximbank). It can now access Afreximbank's range of services, programmes and...

08 September 2016

ABN Amro hires Jeroen Westrik as ECT global head

Dutch bank ABN Amro has hired Jeroen Westrik as global head of energy, commodities and transportation (ECT). The 42-year-old started his career with ABN Amro in...

07 September 2016

Report analyses how much US Ex-Im promotes US exports

A recent report carried out by Nottingham University investigates the impact of the Export-Import Bank of the United States (US Ex-Im) on US exports particularly in the...

07 September 2016

SWIFT: Bitcoin not a threat to other currencies

Virtual currency Bitcoin has been deemed more likely to be a speculative investment rather than a medium of exchange according to a new report by SWIFT. The instigator of...

07 September 2016

India Exim to launch portal to help SME exports

The Export-Import Bank of India (India Exim) is setting up an 'Exim Mitra' portal to encourage small and medium-sized enterprises (SMEs) to export. It aims to...

07 September 2016

Virtual currencies unlikely to crowd out fiat currencies

New research by SWIFT shows fiat currencies are unlikely to be overtaken by virtual currencies; while bitcoin is mainly used as a speculative investment.

07 September 2016

Matthew Colwill resigns as Katanga CFO

Matthew Colwill has resigned as chief financial officer of Katanga Mining, which operates a major complex in the Democratic Republic of Congo. He is leaving next month...

07 September 2016

Sibos 2016: Utilising continuous delivery

Societe Generale Global Transaction Services' Philippe Mirland, head of business solution engineering, and Jean-Luc Smadja, head of IT systems, discuss:...

07 September 2016

UKEF: Pat Cauthery to lead aerospace and defence

Pat Cauthery has been appointed UK Export Finance's (UKEF) new head of aerospace and defence. He is a veteran of the export credit agency, with his most recent...

07 September 2016

ADB: Global trade finance gap hits $1.6trn

The global trade finance gap has reached $1.6 trillion after financial institutions failed to support buyers and sellers, according to new research by the Asian...

07 September 2016

EBRD supports Podravka's global expansion

The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €123 million to the Croatian food and pharmaceutical...