Marianne Ouzone has been named Crédit Agricole CIB’s new head of trade and export credit agency (ECA) multilateral financing ...

Norhan Ezzat has been named head of transaction banking at UAE-based Bank of Sharjah. In the new role, Ezzat will be ...

Re/insurance broker Malakut has hired Sajith Kumar in the newly created role of chief commercial officer for the Middle East.

Citi has joined forces with fintech CredAble to digitise trade finance controls and electronic invoice validation across its global markets.

Singapore has become the second country to adopt the UNCITRAL Model Law on Electronic Transferable Records (MLETR) into domestic legislation, a move which sees the city-state grant electronic trade ...

Working capital provider Katsumi Global says it is owed more than US$1.7bn following First Brands’ bankruptcy, court documents show, as creditors seek to locate billions of dollars they say have ...

Invoice financing provider Stenn has gone into administration following an application from HSBC in the UK High Court. The action follows an administration application filed by HSBC Innovation Bank ...

A group of supply chain finance providers have more than US$866mn exposure to US car parts supplier First Brands Group, which has filed for bankruptcy protection. First Brands Group has faced investor ...

The impact of US tariffs on global trade is now likely to be felt next year, the World Trade Organization (WTO) has said, after unveiling a more positive outlook for 2025. Global goods trade has ...

An independent investigation into First Brands Group’s bankruptcy is probing whether receivables may have been financed multiple times, after the company accrued US$2.3bn in factoring liabilities. US ...

Surecomp has acquired digital trade finance provider Elcy Ltd, marking the consolidation of two longstanding operators in the sector. Elcy’s flagship elcyMBP product, used by corporates to manage ...

UK sanctions regulators have issued a record £20.47mn fine to Standard Chartered for allegedly breaching restrictions on loans to Russian financial institutions. The Office of Financial Sanctions ...