News

The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.
The US government’s shift towards real-time sanctions enforcement for seaborne Iranian oil trade risks leaving banks and commodity traders exposed to high costs and gruelling litigation, researchers ...
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 ...
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 ...
Sweden-headquartered fintech Enigio has teamed up with Commerzbank and Siemens to complete a proof-of-concept for a digital ...
Insurance broker Howden has hired Edmund Arghand as head of credit, political risk and surety (CPS) for Asia, a newly created role. Based in Singapore, Arghand is tasked with driving growth within the ...
The GTR Leaders in Trade awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets. The winners in each category are based on submissions sent to GTR. Where ...
Stronghold Global Finance, a UK-based trade finance firm, went into administration in August last year following a High Court order.
The former director of a now-collapsed Singaporean fuel trading firm has successfully overturned a court ruling that had previously found him “asleep at the wheel” and liable for trade finance fraud ...
The European Commission has launched a trade surveillance tool intended to protect the EU from sudden surges in imports.