Scepticism over trader house rules
The news that commodities trading houses may face sterner regulation has been met with scepticism in the industry.
Earlier in May, the Financial Stability Board (FSB) established by the G-20 to tighten up global financial regulation, suggested that regional and national regulators explore whether traders should be more tightly-governed.
Banks lead Indian march to China
Two of India’s largest banks are to open branches offering trade finance services in China.
ONDD guarantees satellite exports
French satellite operator Eutelsat has received a US$272mn loan from a syndicate of banks.
Devine intervention at Fulbright
Brian Devine has been named partner in Fulbright New York’s shipping practice.
New STF head at Westpac
Paul Gardner has been appointed global head of structured trade and export finance at Westpac.
Rue Britannia
The UK economy is flatlining and the medicine, thus far, isn’t working. Finbarr Bermingham reports on an exports sector in dire need of resuscitation.
The rise of the special agents
No export credit agency reflects the growing importance of such institutions better than US Exim. From its annual conference in Washington DC, Finbarr Bermingham reports record-breaking growth, but room for development.
