Trade Finance
India’s Kotak Mahindra Bank unifies corporate banking portal with Finastra
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.
Weekly Global News Wrap: Investment banks’ trading income to shrink; Citi introduces new diversity goals
And Morgan Stanley unit pays $35m for mishandling customer data.
Citi Bangladesh completes pilot paperless trade finance transaction in TradeLens
The process resulted in a 10-day reduction of document processing time.
Standard Chartered, MonetaGo launch service to avoid duplicate financing fraud
It is accessible via SWIFT’s global API.
Citi TTS names Rishi Luthria as APAC head of platforms and data services
Luthria first joined the bank in 2012.
Foreign banks in South Korea see earnings fall in 2021
Fee and commission income shrank by over 230% during the fiscal year.
Trading risks to weigh on Singapore Big Three Banks’ Q1 earnings: Maybank
But core businesses are expected to show resilience.
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.
Citi APAC appoints former EY partner to head Spring by Citi
Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.
Deutsche Bank appoints new head of trade finance & lending in China
Daniel Qian is also head of structured trade & export finance.
StanChart signs MOU with Tazapay to enable digital escrow services in Proxtera
The bank will facilitate the opening of bank accounts in Tazapay.
Citi Treasury and Trade appoints new APAC trade head
Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific trade head, effective immediately, according to a press release. She...
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
