Category: Banking

BNY Mellon’s Monika Aminiova discusses the impact of SWIFT gpi on cross-border transactions in PaymentsJournal

In a commentary article for PaymentsJournal Monika Aminiova, Cash Management Business Development Manager, Treasury Services EMEA, BNY Mellon, discusses how SWIFT gpi is helping to transform cross-border payments. She examines the growing reach of SWIFT gpi, the enhancements that have been implemented – including improved speed and transparency – the new developments that are set …

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News of BPL Global opening its doors in Geneva covered by the specialist press

BPL Global – the leading specialist credit and political risk insurance broker – recently announced the opening of a new branch in Geneva. Philippine de Villèle (left) re-joins from UBS to head the office. With a focus on developing new relationships with Swiss-based banks, traders, NGOs and other potential clients, the branch will also act …

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Pakistan’s corridor to growth: Commerzbank’s Alexander Mondorf writes for BRINK Asia

Thanks in no small part to Chinese investment, things may be looking up for Pakistan’s economy. The feature from Alexander Mondorf, Regional Head Indian Subcontinent & ASEAN and Country Relationship Manager, Financial Institutions at Commerzbank, outlines the importance of the China-Pakistan Economic Corridor.

thyssenkrupp trades an FX forward over blockchain with Commerzbank

The first such transaction involving a large German company, Commerzbank’s €500,000 deal was covered by Reuters, Banking Technology, The Trade, IBS Intelligence, coindesk, 4-traders, Blockchain News, The Blockchain, CoinShot, Blockshapers, The Paypers, Cypto Currency News, RTT News, coinzdaily, Econotimes Blockchain Revolution, Cryptocy News, Bitnews Today, Coin Telegraph, cryptovest, Finextra and Profit & Loss.

Why UK companies should look to Israel for trade: Bank Leumi (UK)’s Michael Duval writes for The Global Treasurer

Compliance costs in emerging markets are rising, as are fears of protectionism in developed markets. But Michael Duval, Chief Business Officer at Bank Leumi (UK), notes that Israel provides importers and exporters with sustained opportunities in an article for The Global Treasurer.

Natixis announces new appointments to Executive Committee

In line with its strategic plan, Natixis has announced that Anne-Christine Champion, Natixis Global Head of Distribution & Portfolio Management, Olivier Delay, Natixis Global Head of Real Assets, Dominique Fraisse, Natixis Global Head of Energy & Natural Resources and Cyril Marie, Chief Financial Officer of Natixis Investment Managers will join the bank’s Executive Committee. These …

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GTR names BNY Mellon “Best Correspondent Bank” for the second time in a row

BNY Mellon has been officially crowned “Best Correspondent Bank” in this year’s Global Trade Review (GTR) “Leaders in Trade” awards. The award marks the second consecutive year that the bank has won the award since the category was introduced in 2017. Receiving the award on behalf of BNY Mellon at the GTR Awards ceremony last …

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CAB’s CEO talks to TXF about the future of derisking

In a recent interview with TXF, Albert Maasland, CEO at Crown Agents Bank, explores the banking market’s current approach to derisking correspondent relationships. He recognises that although the high cost of compliance continues, derisking in emerging markets has slowed, having had the desired effect of cleaning up inappropriate payments flows in recent years. He points …

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East Africa needs to regionalise – Commerzbank’s Christian Toben writes for African Review

Ethiopia and Kenya are doing much to bring the region closer together, according to Commerzbank’s Regional Head of Africa. Read more on page 16 of the new issue.

Blockchain-based trade shifts up a gear: Commerzbank and Audi drive progress with the Batavia platform

Commerzbank has successfully executed its first pilot transactions for corporate clients, including Audi, with Batavia – the blockchain-based trade finance platform supported by IBM and other major banks. The transactions facilitated the export to Spain of cars from Germany and textiles from Austria. The news was covered in Global Trade Review, The Blockchain, Global Banking …

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