Ninety countries have backed a United Nations Conference on Trade And Development initiative to end harmful fishing subsidies. The plan includes a ban on subsidies...

Moody's has affirmed the Export-Import Bank of India's (India Exim) foreign currency long-term deposit, issuer, and senior unsecured debt ratings of Baa3. But...

Banco Santander has appointed Mariano Urquiola as its new head of global transaction banking (GTB) US. He is based in New York and reports to Federico Papa, head of...

The Export-Import Bank of Hungary (Hungarian Ex-Im) is confident of doing a deal with Azerbaijan for a $200 million line of credit to develop a north-south...

Financial software company Misys has opened a new office in Texas. The company has tripled its employee base in the region in the past two years.

The Canadian dollar has overtaken the RMB with a 1.96% share of world payments currencies, according to SWIFT. The RMB is in sixth place with a 1.72% share in June.

Businesses in the UK are investigating modern slavery in their supply chains as they issue their first statements since the Modern Slavery Act came into force.

The Export-Import Bank of China (China Exim) has agreed to lend Tanzania $7.6 billion to finance a railway that will help the nation's neighbors transport goods to...

Billions of dollars worth of commodities from the developing world are being exported illicitly every year through misinvoicing, the UN said. The problem is made worse...

Scotiabank Costa Rica has sealed a $125 million dual tranche senior unsecured amortising term loan facility arranged by Bladex and Wells Fargo Securities.

Trade vet Craig Weeks, senior vice president and manager of US Bank's International Financial Institutions division, will succeed Paul Oldshue as executive vice...

The European Bank for Reconstruction and Development (EBRD) has arranged a $155 million financing package for Georgian chemical producer Rustavi Azot. EBRD, Dutch...

Global law firm Reed Smith has launched a Formal Law Alliance with Singapore's Resource Law. It boosts the group's offering in Singapore, including...

South Africa-based CZ Electronics chairman Oupa Magashula tells how he was snubbed by commercial lenders and development banks in his search for a loan - until trade...

London-headquartered Santander InnoVentures, the fintech venture capital fund of Santander Group, has secured a further $100 million in funding. It can now deploy $200...

The European Union (EU) has lodged a complaint with the World Trade Organisation (WTO) Secretariat over Chinese duties and other measures on the export of certain raw...

The African Export-Import Bank (Afreximbank) is providing more than $15 billion annually to businesses on the continent, a meeting of the advisory group on Trade...

BNY Mellon has appointed Hani Kablawi as the new head of Investment Services for Europe, the Middle East and Africa (EMEA). Formerly head of Asset Servicing for EMEA,...

The prospect of the UK leaving the EU has raised a host of questions for the financial services industry. Law firm Reed Smith answers a series of questions concerned...

HSBC has launched a tool that will enable treasurers to automate the allocation and investment of excess cash. Liquidity Investment Solutions (LIS) gives corporate and...