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11 December 2015

Hiren Singharay departs from Standard Chartered

Hiren Singharay, managing director, syndications – Europe, Middle East, Africa and South Asia - for Standard Chartered has decided to leave the bank and the commercial...

11 December 2015

Doha Bank closes $575m syndicated loan facility

Doha Bank has signed a new $575 million syndicated senior unsecured term loan facility, its first since 2007. The loan was oversubscribed, bringing in a diverse range of...

11 December 2015

KPMG and Taulia unite to improve SCF

US auditor KPMG and financial supply chain company Taulia have joined forces to improve the flow of information for buyers and suppliers. The strategic alliance will...

11 December 2015

Gener8 Maritime seals $259.6m loan for shipping

US-based crude oil transportation provider Gener8 Maritime has signed a senior secured credit facility for up to $259.6 million of debt financing for four Chinese very...

11 December 2015

EXIAR backs petrochemical exports to Belarus

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has agreed to back the exports of petrochemical products to Belarus. The deal will see ACB...

11 December 2015

TXF releases Singapore conference agenda

TXF Media has made the agenda for its Singapore conference in February 2016 available to download.    TXF Singapore 2016: Trade, Treasury and...

11 December 2015

ADB: Huge rise in Chinese high-tech exports

The Asian Development Bank (ADB) says Chinese products accounted for 43.7% of Asia's high-tech exports in 2014 - up from 9.4% in the year 2000. Japan's share...

11 December 2015

UKEF keen to boost business in Zambia

Britain's export credit agency, UK Export Finance (UKEF) is interested in boosting business and investment in Zambia. UKEF regional head for Sub-Saharan Africa,...

11 December 2015

Markel seals deal for CATCo's assets

US-based financial holding company Markel has completed the acquisition of CATCo Investment Management's assets. The business will now operate as Markel CATCo...

11 December 2015

Pakistan's HBL adopts Misys' digital trade platform

Habib Bank (HBL), Pakistan's largest domestic multinational bank, has signed up to financial software company Misys' FusionBanking Corporate Channels. The...

10 December 2015

Commodity investor interviews: Scipion Capital - taking on the traders

In part two of our interview series, TXF’s Helen Castell talks to Scipion Capital vice president Ben Storrs about how trade finance funds and specialist commodity...

10 December 2015

Cofarco expands its project and natural resources finance team

Paris-headquartered finance arranger and trade credit insurance broker Cofarco has hired Stephen Dimon to strengthen its project and natural resources finance team

10 December 2015

SWIFT to improve cross-border payments

SWIFT has unveiled a global payments innovation designed to increase the speed, transparency and predictability of cross-border payments. It will initially focus on a...

10 December 2015

Deutsche Bank closes $3.5bn synthetic CLO

Deutsche Bank's global transaction banking division has closed a $3.5 billion synthetic collateralised loan obligation (CLO) - TRAFIN 2015-1. The transaction...

10 December 2015

Japan puts up 1.5tn yen to back business in India

The Japanese government is setting up a 1.5 trillion yen loan and investment programme to support domestic companies doing business in India. The Japan Bank for...

10 December 2015

EXIAR insures exports of car tyres to Europe

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has agreed to back the export of ShinEkspo's Russian-made tyres to Europe. The policy also...

10 December 2015

Brexit could cause £30bn export losses, says Euler Hermes

Up to £30 billion - or 8% - of UK total goods exports could be lost if the UK leaves the EU without a replacement Free Trade Agreement, trade credit insurer...

10 December 2015

BNP Paribas is latest addition to SWIFT's KYC Registry

BNP Paribas has joined SWIFT's Know Your Customer (KYC) Registry, which sees banks contribute an agreed baseline set of data and documentation for validation....

10 December 2015

Glencore plans even bigger debt cuts amid price crisis

Swiss-based commodity trader Glencore has vowed to cut debt even further, reduce operations and sell more assets amid a worsening slump in commodity prices. The...

10 December 2015

ING signs up to SWIFT's KYC Registry

Netherlands-based ING Bank has joined SWIFT's Know Your Customer (KYC) Registry. The registry is a centralised repository that maintains a standardised set of...