News
Standard Chartered and ICG Announce €1.45bn ESG Linked Subscription Facility for ICG Europe Fund VIII
London – Standard Chartered Bank and Intermediate Capital Group Plc (“ICG”) have announced today that they successfully closed an initial €1.45bn ESG linked subscription facility for...
SWIFT Launches SWIFT Go
Brussels – SWIFT today announces the launch of SWIFT Go, a transformative new service that enables small businesses and consumers to send fast, predictable, highly secure, and competitively priced low-value cross-border payments anywhere in the world, direct from their bank accounts....
SETL Details Bold Approach to Regulating Blockchain
SETL, the London based blockchain company, today published a whitepaper on how to “Realise the Regulated Internet of Value” based on a multi-asset approach to tokenisation. The paper takes on the thesis that tokenisation provides a...
UK Supply Chain Activity Slides in Q2
Data from Tradeshift reveals that UK trade activity dropped by 15% in Q2, with commentators suggesting that Brexit is impacting UK supply chains.
According to Tradeshift’s latest Index of Global Trade Health, which analyses transaction data between...
BlackLine and Kyriba Partner to Streamline Digitalisation of the Office of the CFO
BlackLine, Inc. (NASDAQ: BL) and Kyriba today announced that they are joining forces to streamline the digitalisation of the Office of the CFO and improve collaboration between Finance and Treasury departments. The...
Export-Import Bank of Korea Signs $30m Credit Facility with Deutsche Bank
The Export-Import Bank of Korea (KEXIM) and Deutsche Bank announced today a USD 30m revolving credit facility supporting the competitiveness of the Korean export apparel industry.
As a part of this facility, KEXIM...
$9.5 Billion in Total Quarterly FX Headwinds for North American and European Multinational Corporations
San Diego - Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North...
SWIFT to Eliminate Frictions in International Payments by Upfront Verification of Account Details in Real Time
Brussels – SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent, removing a key point...
Kantox and Silicon Valley Bank Expand Partnership to US Clients
Kantox has announced an expansion of their partnership with Silicon Valley Bank (SVB). Through this expansion, SVB’s corporate clients across the United States will now be able to leverage Kantox's Dynamic Hedging solution to automate the...
European Traditional Investment Managers Increase Focus on ESG
European traditional investment managers (IMs) are increasingly focusing on the investment impact of environmental, social and governance (ESG) factors, particularly environmental sustainability, Fitch Ratings says in a new report.The process...
Working Capital of S&P 1500 Companies at Highest Levels in 10 Years
The working capital of the S&P 1500 companies rose to their highest levels in a decade in 2020 as the Covid-19 crisis impacted supply chains and stalled consumer demand worldwide, leaving the firms with excess...
Commerzbank Appoints Christian Toben as New Head of Emerging Markets
Commerzbank has announced the appointment of Christian Toben as its new Head of Financial Institutions, Emerging Markets. Christian, an experienced banker and trade expert, brings two decades of experience at Commerzbank...
