Enterprise software company SAP is joining the ever-expanding supply chain finance (SCF) industry, after it agreed to buy a majority stake in working capital solutions provider Taulia. Founded in 2009, Taulia offers early payment through SCF, dynamic discounting, inventory and accounts receivable finance. Financial details of the transaction were not disclosed, but following a major funding ...| Global Trade Review (GTR)
Standard Chartered has named Christophe Baumann as head of transaction banking corporate trade sales for Europe and the UK, a newly created role. Baumann (pictured) is tasked with leading the trade sales team in Europe and will “further grow Standard Chartered’s trade finance business with UK, Swiss, Turkish and continental Europe corporate clients, as well ...| Global Trade Review (GTR)
The GTR Leaders in Trade awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets. The winners in each category are based on submissions sent to GTR. Where relevant, Best Deals signed in 2024 were referenced as further substantiation for GTR’s decisions. GTR revealed the shortlist for the Leaders in Trade ...| Global Trade Review (GTR)
Three more banks have announced their support for the International Chamber of Commerce (ICC)'s Principles for Sustainable Trade Finance.| Global Trade Review (GTR)
Trade and commodity finance lawyer Ellis Lawson has joined global law firm Dentons as partner. Lawson moves to the firm from Sullivan & Worcester LLP, where he was a banking and finance partner in London since July 2023. Dentons says Lawson regularly acts for banks, private credit lenders, borrowers and development finance institutions. ...| Global Trade Review (GTR)
Trade finance revenue reported by banks remained steady last year despite pockets of growth in some regions, as the industry looks set for a turbulent 2025 defined by the fallout from US President Donald Trump’s aggressive trade policies. Banks in European and Asian financial hubs largely reported stable revenue or slight dips in earnings, ...| Global Trade Review (GTR)