Wells Fargo hit with sanctions fine over trade finance insourcing
31-03-23 / by Jacob Atkins
Wells Fargo will pay almost US$100mn to settle allegations by US regulators that the bank...economic sanctions
Russian bank claims top traders complicit in US$3.2bn trade finance fraud
22-03-23 / by Jacob Atkins
A lender owned by Russia’s central bank has accused some of the world’s biggest commodity...
Figures reveal likely Russia sanctions evasion hubs
01-03-23 / by Jacob Atkins
Exports from Europe and the US to countries in a customs union with Russia soared...
As deadline looms, some traders remain wary of Russia oil price cap
23-11-22 / by Jacob Atkins
The workings of the price cap on Russian oil by the G7, European Union and...
UK details Russia oil exports ban as price cap looms
16-11-22 / by Jacob Atkins
The UK government has outlined how it expects commodities houses, trade finance banks and insurers...
JP Morgan vindicated in trade finance sanctions lawsuit
07-11-22 / by Jacob Atkins
Singapore’s High Court has sided with JP Morgan after the bank was sued for refusing...
Sanctions call time on Switzerland’s Russian coal trading hub
22-06-22 / by Jacob Atkins
Sanctions foreshadow the demise of Russian coal traders operating in Switzerland, but an NGO is...