Trade finance news

GTR Trade Finance eNews - On The Move October 2008

October 24, 2008

New appointment at DBS Bank India

DBS Bank India has appointed Sanjiv Bhasin as its CEO, replacing Pranam Wahi who moved to Singapore to head up DBS’s global transaction services (GTS).

October 23, 2008

US Ex-Im's Lambright called on to help bailout programme

Chairman and president of US Ex-Im James Lambright is to serve as the chief investment officer for the US$700bn Troubled Asset Relief Programme.

October 21, 2008

DLA Piper opens up in Doha

Law firm DLA Piper has opened an office in Doha, Qatar, with the new operation being headed up by regional managing partner Jeffrey Bailey.
 

October 17, 2008

Kamalpour joins Ashurst to boost Islamic finance capability

Abradat Kamalpour has joined Ashurst’s international finance team in order to strengthen the firm’s expertise in Islamic finance.

October 14, 2008

HSH Nordbank to close down commodity finance business

HSH Nordbank has decided to close down its commodity finance activity as a result of a package of measures designed to improve the bank’s financial strength. It is planning to dispose of its commodity finance portfolio totalling €3.2bn continuously over the next three years.

 

October 06, 2008

Standard adds to debt capital markets loans team

Standard Bank has hired Lukasz Olszewski to its debt capital markets loans team.

October 02, 2008

Deutsche appoints North American trade finance sales head

Deutsche Bank has hired Jon Richman as a managing director and will take up the newly-created position of head of North America sales for trade finance and cash management corporates in global transaction banking (GTB).

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The endless arguments about why Africa is not trading within Africa are wearing thin. It is time for a coherent action plan to be drawn up, says GTR editor, Rebecca Spong.

 

GTR’s annual search for the best trade institutions in Asia has begun. Voting closes May 17.

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