Trade Finance & Transaction Banking

HSBCnio gives corporate clients web, mobile, direct and AI access to transaction banking, and lets their own AI tools read authorised account data through HSBC’s Model Context Protocol.

Afreximbank is sole lender, facility agent, security trustee and escrow agent on the US$975 million Oryx Energies buyout, an exposure equal to about 11.6% of its shareholder funds.

Finastra launched StandbyX on October 19, offering US banks a cloud-enabled service for digitising standby letter of credit processing. The…

BRAC Bank has gone live with Finastra’s Trade Innovation and Corporate Channels, alongside Conpend’s Trade AI solutions, according to an…

National Bank of Bahrain is the first bank in BENEFIT’s Trade Finance Registry, which lets lenders check an invoice before they fund it.

Mayer Brown has hired Michelle Herman, a structured finance lawyer, for its global trade finance practice in New York. According…

BAFT has a new head of trade, and he comes from outside the banks. Alexander Malaket succeeds Craig Weeks, who…

Belfius has handed its trade finance business to someone who has been with the bank for under a year. Laurianne…

One of Deutsche Bank’s longest-serving trade bankers has moved to a rival. J.P. Morgan has hired Atul Jain as head…

Citi has reshuffled the leadership of its trade business in three regions, and two of the three new heads come…