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14 June 2016

Mercuria closes $2.2bn RCF, but takes less than last year

Mercuria Energy Trading has closed its $2.2 billion multi-currency revolving credit facilities. In a sign of the times of banks’ appetite for strong commodity trading...

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...

20 April 2016

Former Berne Union president takes leading role at XL Catlin

Daniel Riordan has been appointed as president, XL Catlin Global Political Risk and Trade Credit. This represents a significant move from the private insurance...

19 April 2016

BEST AMERICAS COMMODITY FINANCE DEAL OF THE YEAR: Vicentin closes PXF amid Argentinian election uncertainty

In the face of precarious politics and a troubled economy, Argentina's largest soy bean producer Vicentin closed a $135.3 million PXF in the country's largest...

20 January 2016

Fighting trade finance’s corner

Daniel Schmand, Deutsche Bank’s EMEA head of trade finance & cash management corporates, was elected the new chair of the International Chamber of Commerce’s (ICC)...

20 January 2016

Exporters’ Choice Awards 2015 winners announced

TXF has announced the winners of the 2015 Exporters’ Choice Awards. Only three banks and three export credit agencies (ECAs) have qualified for the award.

23 December 2015

The 10 biggest trade and treasury market moves of 2015

Below are the 10 people moves that defined the trade and supply chain world in 2015. We have listed the 10 biggest trade and supply chain market moves that we...

12 October 2015

A changing Berne Union for a new and volatile world

Daniel Riordan reviews the risks facing insurers in 2015 and highlights how the Berne Union is adapting to help its members

12 October 2015

SMEs and the Berne Union

Last year, the Berne Union provided an update on how its members have worked with small and medium-sized exporters (SMEs) given their important roles in supporting...

30 September 2015

SME trade finance gaps and diminishing correspondent banking highlighted by ICC survey

Small and medium-sized enterprises (SMEs) are among the hardest-hit by the trade finance gap – accounting for more than half of all rejected transactions, according to...

07 September 2015

ICC launches global export finance committee

The International Chamber of Commerce (ICC) has today launched the ICC Global Export Finance Committee – an export finance working group, chaired by Eric de Jonge, global...

07 September 2015

Ex JP Morgan trade head Daniel Cotti joins Bolero

Trade finance specialist Bolero International has appointed former JP Morgan executive Daniel Cotti to its board of directors. In his new role as non-executive director,...

13 July 2015

Sarulla: unearthing Indonesia's geothermal potential

MOST INNOVATIVE ECA/PROJECT FINANCE DEAL OF THE YEAR Ollie Gordon examines Indonesia's Sarulla Geothermal Power Plant project financing, which charts new territory for...

29 June 2015

Factoring associations FCI and IFG plan union for global factoring

The boards of the two international factoring associations - Factors Chain International (FCI) and International Factors Group (IFG) – have put forward a formal proposal...

29 May 2015

ICC can rekindle banks’ contract with society

Deutsche Bank’s Daniel Schmand is the International Chamber of Commerce’s (ICC) Banking Commission new chairman. Here, he sets out his vision for the trade finance...

22 April 2015

Docdex overhaul to streamline dispute resolution process

An overhaul of the ICC’s Docdex dispute resolution mechanism that will speed up, streamline and make more transparent the process has been launched at the ICC Banking...

22 April 2015

Schmand to take helm at ICC Banking Commission

The International Chamber of Commerce, the world’s largest business organisation, has today named Deutsche Bank’s Daniel Schmand as the new chair of its Banking...

26 March 2015

Louis Dreyfus appoints Asia head of trade finance

Commodity trading company Louis Dreyfus Commodities has appointed Vijay Anand Ramanujam as its new regional head of trade finance for Asia. He is based in Singapore.

24 March 2015

EDC and ICBK sign MoU to promote Canada as RMB hub

The Canadian export credit agency (ECA), Export Development Canada (EDC), has signed a memorandum of understanding (MoU) with the Canadian arm of the Industrial and...

03 March 2015

JP Morgan appoints new global trade head

According to a memo seen by TXF, JP Morgan have appointed Singapore-based Pravin Advani to new head of global trade and loan products replacing Daniel Cotti