BNY Mellon’s Dominic Broom discusses how technology can be used to plug the Asian trade finance gap in Asia Outlook

Increased banking regulations and higher compliance costs have led to a culture of de-risking, where many banks have been forced to withdraw from perceived “riskier” markets – with local businesses in developing Asia being particularly affected. Indeed, Asia and the Pacific bears 40% of the US$1.5 trillion global trade finance gap, representing the difficulty that …

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UniCredit’s Thomas Probst explains what blockchain has in store for banks and corporates in ICC Germany Magazine

Blockchain has been heralded by many as the future of the banking industry – generating considerable hype. Yet while there’s no shortage of enthusiasm, clarity on its nature, benefits and future, is harder to come by. Thomas Probst, Head of Trade Products, Germany at UniCredit, explains in ICC Germany Magazine what we know so far. …

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BNY Mellon’s Anthony Brady talks to EMEA Finance on digitalising payments and optimising opportunities

Technology is creating a plethora of opportunities to enhance payments. And with client expectations for new capabilities growing – spurred by the abundance of high-tech gadgets in the wider market – banks must ensure they adapt and cater to expanding digital demands. In a commentary article for EMEA Finance, Anthony Brady, Head of Global Product …

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S&P Global Ratings’ Michael Wilkins discusses the effects of enhanced disclosure of climate risks and opportunities for Investment Europe 

As evidenced by natural catastrophes – such as earthquakes, storms and floods – environmental and climate risk is non-diversifiable and systemic. With this in mind, the integration of environmental and climate (E&C) concerns into corporate credit ratings is of rising importance to investors, lenders and insurers. But market participants still require comparable and consistent climate-related …

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In Utility Week, Luisina Berberian, S&P Global Ratings, discusses the changing risk environment of offshore wind power generation

Offshore wind is an increasingly viable renewable energy source. Growth has accelerated due to considerable cost reductions over the past five years – the mature U.K. industry, for example, has seen costs fall by 32%. And, as new offshore wind projects are installed, the risks associated with their construction and maintenance become clearer.   In …

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BNY Mellon’s Bana Akkad Azhari talks to The Business Year on the importance of the bank’s operations in Lebanon

When asked about the importance of Lebanon to the bank’s operations, Bana Akkad Azhari, Managing Director, BNY Mellon, tells The Business Year that as its central hub in the Middle East since 1963, Lebanon has provided “a solid financial sector and significant client base” as historically one of the most “open and liberal economies in the …

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S&P Global Ratings’ Michael Ferguson considers the development and prospects of the U.S. green bond marketplace in American Infrastructure

2017 has seen a surge of global green bond issuances. The Climate Bonds Initiative (CBI) quantified the total figure for H12017 at $55.8 billion – representing a $21.2 billion increase from the same period in 2016. Despite the sharp increase in both America’s municipal and corporate issuances this year, the majority of green bond marketplace …

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In The Financial, S&P Global Ratings’ Jessica Williams explains the impact of climate risk on credit ratings

In a recent report on the incorporation of environmental and climate (E&C) factors into global corporate credit ratings, S&P Global Ratings has noted two new trends: the growing numbers of positive rating actions in relation to E&C influences, and the increasing references to E&C factors in our analyses. Writing for The Financial, Jessica Williams, the …

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Writing for Brink Asia, S&P Global Ratings’ Mar Beltran describes Australia’s infrastructure turnaround

Prior to the financial crisis, Australia enjoyed a decade of promising infrastructure projects. Privatizations of the country’s four major airports, along with extensive highway construction, were infrastructure successes. But – tempered by construction difficulties, overambitious project forecasting, and highly aggressive financial structures – Australia suffered multiple high-profile defaults. Coupled with the financial crisis, the country’s …

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Ence Energia S.L.U.’s €220 million debt for biomass power generation receives S&P Global Ratings Green Evaluation score of E1/79, covered by the specialist press

Ence Energía S.L.U, the renewable energy division of prominent Spanish biomass energy producer Ence Energía y Celulosa S.A., is seeking to restructure its debt through a €220 million facility to further its biomass power generation business. The green loan received an S&P Global Ratings Green Evaluation overall score of E1/79, reflecting that biomass’ potential to  play …

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