GTR Magazine - November/December 2010
Citi launches multi-bank trade initiative
Citi has launched a new global trade initiative aimed at helping trade banks more efficiently grow their trade portfolios.
Audience participation required
The difficulties in applying Basel III regulations on trade finance were examined at GTR and Swift’s interactive workshop held at Sibos.
A return to confidence
GTR caught up with Tan Kah Chye, global head of corporate cash and trade at Standard Chartered, and Stuart Nivison, HSBC’s head of trade and supply chain, Europe at Sibos in Amsterdam to discuss the new landscape in international trade.
A permanent state of sunshine for Brazil?
Brazil stands at a junction. The country needs to decide what route to take to avoid losing its competitive edge. Rebecca Spong reports.
An issue with trust
Although it is unlikely that the use of letters of credit will die out, the trend towards open account trade continues. GTR and Misys’s roundtable held at Sibos highlighted some of the key challenges ahead.
The case for convergence
Whether driven by banks, corporates, or their suppliers, cash and trade convergence looks set to stay, and could be taken forward with the addition of other bank services such as FX. Liz Salecka reports.
The land of innovation
Low pricing and the possibility of sovereign competition has created a delicate balance in the Nordic region that is in danger of tipping, writes Michael Turner.
Against the odds
The observed surge in south-south trade has been driven partly by collaborations between emerging market ECAs. But despite rumours that they are set to outperform their Western counterparts, they remain at a competitive disadvantage. Shannon Manders reports.
Rallying the market
Pricing issues, the challenges of correctly assessing risk and the potential impact of Basel III were the key points of debate at this year’s IFA conference in Berlin. Rebecca Spong reports.
PRI market returns to growth
A meeting of industry practitioners express the broad sentiment that the political risk insurance markets have emerged in good shape from the global turmoil of 2008/09.
