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09 May 2016

Blockchain: Impact and potential in securities settlement

The SWIFT Institute has investigated the practical application of blockchain technologies in securities markets - and found that industry collaboration is essential if...

09 May 2016

Winston & Strawn boosts transportation finance team

Global law firm Winston & Strawn has boosted its transportation finance practice in London by hiring partners Christopher Boresjo and Mark Moody. They will focus...

09 May 2016

EXIAR supports exports of Russian tyre rims

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has agreed to back SMW Engineering's exports of tyre rims to Italy, Germany, Latvia and...

09 May 2016

Estonian group sells majority of stake in shale oil power plant

Estonia's Eesti Energia is selling the majority of its stake in Jordan's first $2.2 billion power plant to be fuelled by oil shale to China's Yudean Group....

06 May 2016

Why are banks withdrawing from correspondent banking?

Banks are continuing to withdraw from many of their correspondent banking relationships - a process which threatens global trade, especially in poorer countries. TXF...

06 May 2016

UniCredit names head of Americas multinationals

Filippo Pappalardo has been appointed as head of UniCredit's coverage of multinational firms in the Americas across the corporate and investment bank. Pappalardo...

06 May 2016

S.Korea to set measures on restructuring by end of June

South Korea's government and central bank agreed this week to devise detailed plans on how to finance structural reform in the country's shipbuilding and...

06 May 2016

Glencore slows copper, zinc production to counter glut

Glencore announced on Wednesday it had cut its copper and zinc production in the first quarter of 2016 as it struggles to reduce its surplus that has caused prices to...

06 May 2016

Regulator to recapitalize Eximbank by giving stakes in state-run companies

The Financial Services Commission (FSC) has said it will recapitalise the Export-Import Bank of Korea (Eximbank) by giving the lender stakes in state-run companies....

06 May 2016

ICC welcomes new WTO report on trade finance and SMEs

The International Chamber of Commerce has warmed to a new World Trade Organisation (WTO) report which identifies a the trade finance gap for small-and medium-sized...

06 May 2016

African DFIs urged to partner for solutions to intra-African trade finance

The first ever Intra-African Trade Finance and Payment Systems Conference held in Abidjan has urged African development finance insitutions to forge partnerships in a...

05 May 2016

In conversation: Sace’s Michal Ron

TXF’s Dominik Kloiber caught up with Sace’s head of international business, Michal Ron, to discuss the Italian ECA’s latest push to expand its footprint and product...

05 May 2016

LatAm and Caribbean project finance loans plummet

Project finance loans in Latin America and the Caribbean dropped to $2.37 billion for 13 projects in the first quarter of 2016, compared to $3.97 billion for 39...

05 May 2016

China turns on credit taps to Exim and CDB

The People's Bank of China is turning on the credit taps to the China Development Bank (CBD), Agricultural Development Bank of China, and the Export-Import Bank of...

05 May 2016

Uralkali signs $1.2bn pre-export loan

Russian potash producer Uralkali has completed a $1.2 billion pre-export financing with more than a dozen international banks, bucking the trend for Russian commodity...

05 May 2016

IE Singapore boosts structured commodity financing scheme

Trade promotion agency International Enterprise (IE) Singapore has enhanced its structured commodity financing scheme to include streaming financing, merger and...

05 May 2016

Puma Energy posts record profit, seals RCF

Singapore-based oil and gas group Puma Energy, a subsidiary of Trafigura, saw first-quarter gross profits rise 23% to a record $428 million. Puma also closed new...

05 May 2016

Abbey Sturrock joins insurer Marsh

Abbey Sturrock has joined insurer Marsh's political risk and structured credit practice as a senior vice president. Based in London, she will be responsible for...

05 May 2016

WTO: We must close the SME trade finance gap

The World Trade Organisation (WTO) says more needs to be done to help close the gaps in the availability of trade finance for small and medium-sized enterprises...

05 May 2016

Islamic Development Bank returns to sukuk market

The Islamic Development Bank, which is expanding its financing activities, will sell sukuk bonds in the Malaysian market this year after a three-year hiatus.