Citi faces headwinds in commodity trade finance, presses on with expansion
Citigroup and rivals in the commodity trade finance sector are facing headwinds of weak oil prices, sanctions on Russia and stiff competition, which have pressured...
Citigroup and rivals in the commodity trade finance sector are facing headwinds of weak oil prices, sanctions on Russia and stiff competition, which have pressured...
JLT Specialty Insurance Services (JLT Specialty USA), a US subsidiary of multinational insurer Jardine Lloyd Thompson Group, today announced the appointment of several...
Wells Fargo Capital Finance announced new leadership roles for executives Scott Diehl, Steve Macko and Kurt Marsden. Each will lead one of the three core business...
Sullivan & Worcester has been appointed to advise Deutsche Bank, as documentation agent, and the lenders in the annual Pre-Export Receivables-Backed Trade Finance...
The New Zealand Export Credit Office (NZECO) have announced three senior hires. The New Zealand export credit agency (ECA) have hired Phil Quinn and Michael Hoare -...
KfW IPEX-Bank has arranged a $194 million export credit financing transaction for the German firm PCC SE to build a state-of-the-art silicon metal production plant in...
HSBC has hired trade veteran Inwha Huh as head of global trade and receivables finance (GTRF) for the United States (US) and Canada. She will be responsible for leading...
June is a month that is always jam-packed with highly-publicised sporting accomplishments. With leagues and tournaments of every variety coming to a climatic end in the...
Italian export credit agency SACE has agreed to guarantee a total of €575 million ($648 million) loans to be issued to Russia’s agrichemical company EuroChem to build a...
Pricing, cost of funding, capital markets, Basel III and the general future for the medium to long term (MLT) lending business continue to be high on the agenda for the...
The top rated sectors for growth in export finance over the next two years are power and infrastructure, according to a poll of close to 300 executives at the recent TXF...
For the second year in a row Germany was voted as the country with the best export credit agency (ECA). This was during a poll completed by over 300 executives at the TXF...
Despite the current sanctions environment, an industry poll at the recent TXF ECA Finance conference in Paris, suggested 25% of the audience had completed an ECA-backed...
The European Commission has given the green light to Olam Resources for the purchase of the cocoa business of Archer Daniels Midland Co. (ADM). The $1.3 billion...
The New York-based team of ING Capital together with KfW IPEX-Bank have arranged an export finance structure for South Korean Asiana Airlines’ (Asiana) acquisition of one...
The African Export-Import Bank (Afrexim) is to introduce a special guarantee facility to enable African processing plants secure long-term export contracts with bank...
The 2015 CFO Outlook Asia survey released by Bank of America Merrill Lynch reveals that more chief financial officers (CFOs) in Asia-Pacific are confident in their...
Macquarie Group have appointed Guido Musso as managing director for shipping and offshore, within its specialised investment solutions business. Musso is a respected...
This week, ICC Austria has been hosting its 10th annual Trade Finance Week. TXF spoke to Andrea Hauptmann, head of guarantees at Raiffeisen Bank International (RBI) and...
The TXF ECA Finance conference in Paris last week seemed the perfect place to update the market on the findings of the 2015 Exporter Survey. Over the past few months,...