Category: News

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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BPL Global names Sam Evans as Director

BPL Global, the leading credit and political risk insurance (CPRI) broker, has recently announced the appointment of Sam Evans as its newest Director. Having joined BPL Global in 2004, Evans has extensive experience of helping European-based corporates, banks and commodity traders effectively use the CPRI product, with a strong focus and extensive experience of the …

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S&P Global Ratings’ Mar Beltran explains Carillion’s accounting malpractices

Before its eventual collapse, Carillion mislabelled its financial liability to banks as “owed to creditors” rather than “borrowing”. According to the UK parliamentary committee investigating its demise, this allowed the company to avoid negatively affecting its debt-to-equity ratio and to prolong its survival. In a recent statement, Mar Beltran, senior director and lead for Infrastructure …

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Global debt at an all-time high – but banks don’t need to fret over corporate loans, writes Nina Brumma in Global Banking & Finance Review

Following Global Credit Data’s recent Loss Given Default (LGD) report, Nina Brumma, Head of Research and Analytics at Global Credit Data, explores what happens when a corporate defaults and how banks can manage the risk in Global Banking & Finance Review. Despite a slow but steady remission from the global economic crisis at the end …

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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.

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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Crown Agents Bank appoints new CTO

Crown Agents Bank has hired Richard Weald as its chief technology officer (CTO), as the bank enhances its digitisation strategy. Weald was previously global head of IT operations and information security at Earthport, a forex and cross-border payment services provider. “I look forward to outlining a long-term technology roadmap for delivering the digital processes and …

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BPL Global scoops GTR “Leader in Trade” award for the eighth year running

BPL Global has, once again, been named “Best Trade Credit and Political Risk Insurance Broker (CPRI)” at this year’s Global Trade Review (GTR) “Leaders in Trade” awards. The award, which highlights excellence in the trade, commodity, supply chain and export finance industries, will add to the BPL Global’s impressive streak in this category over the …

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Announcement of RiskFirst and STOXX launching LDI indices covered by the specialist press

RiskFirst and STOXX Ltd, the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, have announced the launch of the new iSTOXX RiskFirst LDI index family. The innovation – released on 23rd April 2018 – provides independent benchmarks for liability-driven investments (LDI), providing a new solution to …

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It’s here: Commerzbank’s latest issue of FI.News

The spring issue of Commerzbank’s interactive financial institutions newsletter is out now. It brings together all the major cash and trade finance updates in a range of exclusive articles and interviews. See how evolving technology can further transform the trade finance industry, prepare for important updates at SWIFT, get ready for the impact of new …

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