Brendan Du Preez has joined Equity Bank as its group director of trade finance. In his new role at the Nairobi-headquartered ...

Supply chain finance (SCF) has become an established tool firms can use to free up working capital. Yet it can’t be used in all cases – lower credit ratings of the buyer, regulatory constraints and ...

Nedbank has appointed Rashnee Pather as head of supply chain finance (SCF) as the South African lender seeks to grow the ...

Riyad Bank has appointed Anjum Mirza as the lender’s first head of structured trade finance and supply chain finance. Mirza ...

A long-awaited trial has kicked off in London over Trafigura’s claims it was defrauded out of some US$600mn through a nickel trading scheme “masterminded” by Indian businessman Prateek Gupta.

After five years in the making, the European Union’s package of landmark sustainability regulation looks likely to be scaled back as the bloc revises its priorities and the global mood shifts on ...

BNP Paribas has said a €190mn fraud charge linked to receivables financing in its global markets division is linked to “new entries” with “low collateralisation”. The Paris-headquartered lender made a ...

TotalEnergies’ decision to lift force majeure on its US$20bn Mozambique LNG project four years after militant attacks brought it to a halt poses a major security threat to local communities, a ...

Creditors of collapsed trade finance firm Stronghold Global Finance (UK) Limited are owed at least £1.28mn and may not receive any disbursements from the company’s estate, liquidators have said. A ...

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 ...

Working capital platform Raistone earned the bulk of its revenue from First Brands Group, which filed for bankruptcy protection this week, GTR understands. The New York-headquartered company 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 ...