SWIFT Scope has been chosen by Deutsche Bank global transaction banking (GTB) as the preferred solution for intraday liquidity reporting requirements.

Rusal, the Russian aluminium producer, is selling its Jamaican Alpart refinery to China's state-owned Jiuquan Iron & Steel Group for $299 million.

The European Investment Bank has signed a €100 million guarantee deal with Germany's Landesbank Saar (SaarLB). The EIB will cover up to 50% of the risk on up...

Petrobras, Brazil's state-owned oil group, has taken several steps to reduce its crippling debt - but it appears to be behind schedule and its struggles have been...

Swiss-based commodity trader Glencore has been downgraded by Credit Suisse to "neutral" from "outperform". It said Glencore's pledge to cut net...

Insurer Atradius has hired Jonathan Handen as senior manager, Special Products Unit. Handen, who will be based in the US, has more than 18 years of experience in the...

The New Development Bank (NDB) raised about $450 million by issuing its first green bonds in Chinese yuan. The bank plans to issue similar bonds in the local...

Russia has approved an export credit to Iran to build a thermal power station in the Middle Eastern country. The project will be the first of four thermal plant...

Over the coming days, FintechWeek teases out the new challenges facing the fintech industry as anxieties over London’s role as a financial centre take shape.

Global payment services group Western Union Business Solutions has announced enhanced capabilities to its WU EDGE digital trading platform. The platform is also now...

The Export-Import Bank of Korea has agreed to provide $44.6 million to Mongolia to help upgrade its transport system and build classrooms equipped with information and...

The progress of Eurasian Development Bank (EDB) countries in the first half of 2016 suggests they have slowly adapted to the turmoil of recent years.

BNDES, Brazil's state development bank, was capitalised using money from a public investment fund financed by payroll deductions, it was claimed.

Citi has hired Rajesh Mehta as regional head of treasury and trade solutions (TTS) for the Asia Pacific region. He has worked at Citi for 32 years and will relocate...

EKN, the Swedish export credit agency, has downgraded four African countries - Angola, Nigeria, Zambia and Namibia - after claiming low global commodity prices had...

Alceda has teamed up with CBRE Clarion Securities to launch a new infrastructure fund on its Luxembourg-based UCITS platform. Pan-European investors will be able to...

Italy's UniCredit has appointed head of markets TJ Lim to a new role as deputy risk officer. Lim will report to chief risk officer Massimiliano Fossati.

Dutch development bank FMO has signed a $15 million loan with Peruvian fruit, vegetable and milk producer Agricola Pampa Baja. The loan will be used for land...

Export credit agency UK Export Finance (UKEF) will fund up to £500 million in trade deals with Egypt and has £2.5 billion in financing available for...

The Export-Import Bank of India (India Exim) is financing a project to build two thermal power plants in Bangladesh as part of an equal joint venture between the...