Trade Finance

Hong Kong’s SFC to allow crypto trading

Final guidelines for crypto investment will become effective starting 1 June 2023.
6 days ago

Hong Kong’s SFC to allow crypto trading

Final guidelines for crypto investment will become effective starting 1 June 2023.
6 days ago

Moomoo Singapore and Wise collaborate for easy trade deposit system

The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.

Standard Chartered, IFC ink $700m investment to boost global trade

Since 2009, the programme has supported over $20.5b worth of transactions.

Citi makes new appointments to Treasury and Trade business

This follows the ASEAN appointments from earlier this week.

Citi makes two key appoints for markets, TTS business

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Standard Chartered’s Straight2Bank launches working capital, loan services

Clients can initiate and approve new loan drawdowns and rollover requests.

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.