Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.

Germany’s Siemens and New-York headquartered Citi have been announced as the inaugural winners at the first TXF Trade & Treasury Awards, winning the prize for Best...

Bank of America Merrill Lynch (BAML) has made four senior appointments to its global transaction services (GTS) team, all from within its own ranks.

Gourang Shah has joined US bank JP Morgan as the head of its treasury advisory business for Asia Pacific. His position is effective from December 2014.

US banks Goldman Sachs, Morgan Stanley and JP Morgan have come under heavy criticism from the US Senate over their influence on key commodities such as aluminium and oil....

Demica has appointed Matt Wreford as its new chief executive officer, replacing the outgoing Philip Kerle.

German bank Norddeutsche Landesbank (Nord/LB) has combined with securitisation specialist Finacity to launch an $880 million trade receivables securitisation for France’s...

One of the world’s leading commodity trading companies, Trafigura, has committed itself to the Extractive Industries Transparency Initiative (EITI), the leading global...

Turkish bank TEB has become the fifth bank in the EMEA region (Europe, the Middle East and Africa) – and the sixteenth bank globally – to go live with the BPO, after...

The world’s largest multilateral development banks have clubbed together to encourage more banks to contribute information to SWIFT's Know Your Client (KYC) Registry.

More than 400 trade finance practitioners gathered in Turkey’s cultural and commercial capital Istanbul this week for the International Chamber of Commerce (ICC) Banking...

The Bank Payment Obligation (BPO) is ready to be combined with the electronic Bill of Lading (eBL) as the transition towards paperless trade gathers apace, delegates at...

Citi’s Treasury & Trade Solutions division has launched Integrated Payables Solutions, a product designed to aid clients in identifying opportunities to effectively...

Eugenio Cavenaghi has joined Santander as managing director – head of trade, export & supply chain finance for Germany, Austria and Switzerland.

TXF talks with Marc Auboin, counsellor within the Economic Research and Statistics Devision within the World Trade Organisation (WTO), about the continuing dialogue with...

Finding efficient ways of managing working capital is the key focus for corporate treasurers going into 2015, according to a survey of nearly 80 treasurers and financial...

Germany’s UniCredit and Japan’s Bank of Tokyo-Mitsubishi (BTMU) have combined to process the first Bank Payment Obligation (BPO) transaction between Germany and Japan....

Commerzbank, Germany’s second-largest bank by assets, has made its bank payment obligation (BPO) debut, processing two live transactions.

Hesham Zakai reports on changes taking place within the International Forfaiting Association.

New York headquartered Private Export Funding Corporation (PEFCO) has appointed Timothy Dunne as its president and chief executive, effective October 1.