Trade Finance

Standard Chartered names David Rego as global head of payments, transaction banking

He is currently the global head of liquidity, deposits, and escrow solutions.

Standard Chartered names David Rego as global head of payments, transaction banking

He is currently the global head of liquidity, deposits, and escrow solutions.

Weekly Global News Wrap: Crypto exchange FTX owes $3.1b to creditors; Deutsche ex-trader sues bank for $150m

And Italy’s UniCredit gives German staff bonuses up to 2,500 euros for inflation.

Standard Chartered unveils digital trade portal Trade Track-It

Customers can track vessels and check sustainability compliance.

India’s Kotak Mahindra Bank unifies corporate banking portal with Finastra

The bank plans to add payments and collections services by end-2022.

Standard Chartered, Taulia ink MOU to offer supply chain finance solutions

Both parties will offer supply chain finance and dynamic discounting solutions.

Citi Bangladesh completes pilot paperless trade finance transaction in TradeLens

The process resulted in a 10-day reduction of document processing time.

Foreign banks in South Korea see earnings fall in 2021

Fee and commission income shrank by over 230% during the fiscal year.

Talent & Tech at the heart of Munir Nanji’s mission to grow Citi Central Europe

He is tasked with implementing the "New" Europe Strategy and reap full benefits of growth.

StanChart, OPEC Fund enhance Trade Finance Risk Participation Programme

The programme has helped facilitate trade flows of over $1b annually.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.

Citi TTS APAC client inquiry for API use doubles in H1

They have processed close to 350 million API calls for corporate clients since 2017.