Category: News

PNC adoption of RiskFirst’s digital solution “PFaroe” covered by the specialist press

PNC Institutional Advisory Solutions, part of the asset management branch of the Pittsburgh-based PNC Financial Services Group, has adopted RiskFirst’s digital solution PFaroe – to help structure better solutions, improve reporting efficiency and deepen engagement with its defined benefit (DB) pension plan clients. PFaroe will allow increased interactivity with clients, provide forecasting tools to model …

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ICC Trade Register Report confirms low risk for profile for trade and export finance

The International Chamber of Commerce (ICC) Banking Commission has released its 2017 Trade Register report—Global Risks in Trade Finance. The report reveals the low-risk nature of transactions that support global trade, and confirms that trade finance products continue to present banks with low levels of credit risk. The 2017 Report draws on information from 22 …

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Trade makes the world go round – find out how Commerzbank helps in its new video

Commerzbank’s new video explains the significance of world trade and the important role the bank plays. Frank-Oliver Wolf, Head of CTS Sales Germany, outlines the bank’s global presence, and Enno-Burghard Weitzel, Head of CTS & FI Product Management Trade Services, shows how it is ushering in the new technologies that are revolutionising trade finance. Watch …

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S&P Global Ratings’ 2018 green bond outlook covered by the specialist press

S&P Global Ratings expects strengthening green bond market fundamentals to fuel about a 30% increase in self-labeled instruments globally in 2018, pushing issuance to around $200 billion for the year (2018). This news, published in a report entitled Green Bonds Issuance Is Expected to Shoot Up Further was covered by the following in the specialist …

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Actions taken by S&P Global Ratings following Carillion collapse covered by InfraNews

Following the collapse of U.K.-based construction and facilities management firm Carillion, S&P Global Ratings announced that the ratings and outlooks on the debt issued by five U.K-based and three Canada-based entities remain unchanged. For these projects Carillion had acted as a counterparty, though S&P Global Ratings states that their ratings are neither linked to nor constrained …

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Gil Karni steps up as the new head of Bank Leumi (UK)

Karni makes the move from Bucharest, where since 2016 he had been CEO of Bank Leumi Romania. News of the appointment was covered in City AM,  Global Banking & Finance Review, Trade & Export Finance, and Jewish News.

iGTB’s appoints Ravi Pandit as US Sales Head – covered in specialist press

iGTB has appointed Ravi Pandit as EVP & Head of Sales, USA. Ravi has almost two decades of experience in financial services business development in North America, and his appointment underlines iGTB’s ambitions to extend its market-leading products across the wider US market. Ravi will be based in iGTB’s New Jersey US headquarters and will …

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Commerzbank is Global Finance Magazine’s “Best Treasury & Cash Management Provider in Germany for 2018”

Commerzbank has won the magazine’s award for the third year running. Klaus Josef Mueller, Head of Product Management Trade Finance & Cash Management, comments: “It’s a real honour to be included, yet again, among such a prestigious list of winners, and even more so in the home market. This award reflects our dedication to helping …

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Crown Agents Bank’s choice of trade finance fintech platform, CCRManager, covered in the specialist press

Crown Agents Bank has become the latest global financial institution to sign up to trade finance risk distribution platform, Capital and Credit Risk Manager (CCRM). Moorgate secured news coverage in Trade & Export Finance and Trade & Receivables Finance News.

iGTB’s supply chain finance platform implementation at Bank of Baroda covered in specialist press

iGTB has implemented a comprehensive supply chain finance platform for Bank of Baroda, India’s International Bank. With a $418 billion finance gap in the Indian SME sector alone, the roll-out of the digital platform will extend new financing and working capital opportunities to the bank’s numerous clients – and their partners – expected to boost …

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