News

The Chinese government has placed an exit ban on FCI chair and Wells Fargo banker Chenyue Mao after she travelled to the country on business, the Wall Street Journal reported.   Mao was elected as FCI ...
HSBC has appointed Runa Baksi as head of Southeast Asia within its Global Trade Solutions (GTS) division, a newly created role. Baksi starts with immediate effect and will oversee the bank’s GTS ...
JP Morgan says South African telecommunications provider MTN SA has become the first customer to use the bank’s digital bill ...
HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help ...
Citi chief executive Jane Fraser says she is “feeling good” about the performance of the bank’s trade unit amid global trade ...
Metals and minerals trader Traxys has grown the size of its flagship multi-currency syndicated revolving credit facility (RCF ...
Insurance broker Howden has hired Edmund Arghand as head of credit, political risk and surety (CPS) for Asia, a newly created role. Based in Singapore, Arghand is tasked with driving growth within the ...
Incoming US tariffs on copper imports are likely to result in diversions of trade flows and use of material stockpiled during the first half of this year, analysts have said.  US President Donald ...
Sweden-headquartered fintech Enigio has teamed up with Commerzbank and Siemens to complete a proof-of-concept for a digital ...
A Saudi investment firm has been awarded US$4.19mn after a Dubai court ruled Rasmala Investment Bank Limited (RIBL) made a “misrepresentation” about the suitability and financial health of its trade ...
JP Morgan says South African telecommunications provider MTN SA has become the first customer to use the bank’s digital bill of exchange product. The product, which uses Swedish digital trade fintech ...