Mercuria completes acquisition of JP Morgan’s physical commodities business
Mercuria Energy has today successfully completed the acquisition of parts of JP Morgan Chase’s physical commodities business. This follows the initial signing of the...
Mercuria Energy has today successfully completed the acquisition of parts of JP Morgan Chase’s physical commodities business. This follows the initial signing of the...
Zurich Insurance (Zurich), has expanded its credit and political risk business with several key appointments and two new offices, opened in Houston and Toronto.
Commodity trading company Trafigura has closed its new Asian centric revolving credit (RCF) and term loan facilities at $1.73 billion
Transnet has signed a 10-year contract for the export of coal via rail with the South African coal unit of the mining company, BHP Billiton (BHP).
Development finance institution Proparco and the Netherlands Development Finance Company – FMO, are providing a $75 million credit line to the National Development Bank...
Lloyds Bank has made three new additions to its global transaction banking (GTB) team. The three appointments are Keith Softly, Stephen Everett and Francesca Corscadden,...
The export credit agencies (ECA), Export Development Canada (EDC) and Korea Trade Insurance Corporation (K-sure), have agreed to collaborate on transactions involving...
SWIFT’s RMB Tracker, which provides a monthly report on the international use of the renminbi (RMB), has found that global RMB payments have nearly tripled in value over...
Morocco’s L’Office National de l’Electricité et de l’Eau Potable (ONEE) and Safi Energy Company (SAFIEC) have reached financial close on the financing for a project to...
Société Générale Corporate & Investment Banking (SG CIB) has made three senior appointments in Paris and Hong Kong to further strengthen the bank’s capabilities in the...
İşbank, Turkey’s largest private bank, has secured a $1.3 billion loan from 41 banks across 18 countries. The loan has a one-year maturity period, and a one year...
Houston-headquartered, crude oil development company, CAMAC Energy has entered into a new medium-term credit facility for the further development of its offshore licences...
TXF asesses HSBC’s most recent global trade report, which focuses on the changing role played by emerging market economies in the landscape of the global economy.
The Royal Bank of Scotland (RBS) has appointed Rohit Sawhney as head of global transaction services (GTS), Asia-Pacific.
Adaro Indonesia, a subsidiary of coal mining company Adaro Energy has secured a $1 billion loan. The funds will be used to refinance its maturing debt this year and...
The Standard Bank of South Africa has signed a $560-million, 36-month term loan facility with a club of international banks.
In a recent report produced by BNY Mellon, the bank believes that London and Singapore could become key offshore renminbi (RMB) payments centres alongside Hong Kong by...
Mining company Golden Star Resources has signed a new loan to develop a potential underground gold deposit at Wassa in Ghana.
Oman Oil Company (OOC), the Sultanate’s energy investment arm, has signed a revolving credit facility (RCF) agreement totalling $1.85 billion with 16 local, regional and...
Takashi Shimahara assumes full general manager role, and Jonathan Joseph-Horne becomes global coordinator, as Eli Hassine and Mini Roy depart
TXF spoke to Eyad Abdal, Group CFO of Power International Holding (PIH) to outline the company’s market penetration strategy across global real estate, hospitality, dairy markets, contracting, and healthcare. And PIH's business cluster is expanding with its recent acquisition of a telco in Kazakhstan.