Tag: global trade

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 …

Continue reading

Bank Leumi UK finances Frutarom’s acquisition of Flavours & Essences

News of the £14.75 million loan was covered by Food & Drink Technology, Food Dive, Food Ingredients First and Food Manufacture

UniCredit’s Adeline de Metz and Raphael Barisaac on how transaction bank adaptations will benefit corporates in Global Banking and Finance Review

With the global trade environment changing, transaction banks are responding by driving internal efficiencies, expanding their digital offerings, and reconfiguring their client service models. Raphael Barisaac and Adeline de Metz, Global Co-Heads of Trade Finance at UniCredit write in in Global Banking & Finance Review that amidst all this change, the outlook for corporates is …

Continue reading

Broadening export horizons: Commerzbank’s Agnes Vargas explores Myanmar and Vietnam in The Asset

Vietnam’s economic development has been driven by its export-led industries, and Myanmar looks set to follow in its footsteps. In a feature for leading Asian finance magazine The Asset, Agnes Vargas, Regional Head of Greater China and ASEAN, explains that continued economic progress in both countries will depend on diversifying trade beyond their traditional partner China …

Continue reading

Commerzbank awarded for its “significant contribution to sustainability” by Global Trade Review

The bank was highlighted in the magazine’s “Leaders in Trade 2016 Awards”. Ruediger Geis, Commerzbank’s Head Product Management Trade, comments: “We’re pleased to be recognised for our efforts in the sustainability field, and particularly honoured to be included among such high-calibre nominees. This award is testament to our dedication to corporate responsibility, strong sustainability standards, and …

Continue reading

ICC UK’s Chris Southworth on why UK businesses need to think global in Director of Finance

In the latest edition of Director of Finance, ICC United Kingdom’s Secretary General, Chris Southworth, explains why it is a crucial time for UK businesses to find their voice and think global. Indeed, there are a number of global opportunities which businesses can tap into, but in order to do so they need to ensure …

Continue reading

BNY Mellon’s Dominic Broom features in TFR’s roundtable discussion on how to reduce the trade finance gap

Due to increased compliance checks as part of heightened banking regulations, many banks are shying away from markets that might be regarded as “too expensive”. This has exacerbated an already large trade finance gap, which recent Asian Development Bank (ADB) figures quantify at US$1.6 trillion. In a TFR roundtable discussion which examines factors influencing the …

Continue reading

ICC UK’s letter to the Financial Times: UK business must make the case for trade during exit talks

A letter from ICC UK’s Secretary General, Chris Southworth, has been published in the Financial Times. In response to the article, ‘Business should assume a hard Brexit’ – and indications that the UK Government will give up membership to the Single Market – the letter discusses the importance of making the case for free trade …

Continue reading

ICC United Kingdom’s John Carroll disproves trade myths in City AM

John Carroll, Head of ICC United Kingdom’s Trade and investment Policy Committee, tackles the myths put forward about free trade in an article released in City AM earlier this week. With a growing anti-trade sentiment evident around the world, the article tackles five particular myths about free trade and also puts forward the case for …

Continue reading

GTR Directory 2016 foreword: Deutsche Bank’s Daniel Schmand reflects on the year in global trade

Daniel Schmand, Deutsche Bank’s Global Head of Trade Finance, has written the foreword for this year’s GTR Directory 2016-2017 where he reflected on a somewhat turbulent year in global trade. Despite strong market headwinds resulting in a persistently challenging environment throughout the year, Schmand argued that trade finance providers who were able to keep pace …

Continue reading