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 ...

Citi chief executive Jane Fraser says she is “feeling good” about the performance of the bank’s trade unit amid global trade ...

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 ...

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 ...

The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.

A group of trade finance veterans has launched ETR Digital, a technology company offering digital negotiable instruments (DNIs) to businesses and banks for 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 ...

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. Mao was elected as FCI chair last month at the global ...

Ukraine-based metals and mining conglomerate Metinvest Group has closed a €23.6mn buyer credit facility with Deutsche Bank, backed by Finland’s export credit agency (ECA), Finnvera.

Trade finance platform Komgo has unveiled a significant upgrade to its system, bundling its solutions into a one-stop shop for corporates and banks, following months of development and millions of ...