HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital. Launched on July 15, the HSBC Receivables Advantage solution is available to corporates that export on open account terms or trade domestically. Users of the solution are…| Global Trade Review (GTR)
Two conflicting US court rulings on President Donald Trump’s use of emergency powers to impose tariffs have deepened uncertainty for businesses involved in global trade, experts say. On May 28, the Court of International Trade ruled that the Trump administration’s reliance on the International Emergency Economic Powers Act (IEEPA) for its authority to issue sweeping ...| 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)
Trump's 'Liberation Day' tariffs have sent shockwaves through markets and provoked anger from trading partners.| Global Trade Review (GTR)
US President Donald Trump’s unpredictable approach to tariffs is causing major uncertainty across the metals and energy trading markets, as well as undermining longer-term investments, industry insiders say. Trump’s second term has so far been characterised by a raft of tariff-related actions, with levies often announced, delayed or amended with little warning. Tariffs have escalated ...| Global Trade Review (GTR)
Financial technology giant FIS says it plans to become a leader in supply chain finance following the acquisition of London-headquartered Demica. New York-listed FIS, which provides banking and payments technology and processes transactions worth trillions of dollars per year, announced the acquisition on February 13. The deal is fully closed with all regulatory approvals granted, ...| Global Trade Review (GTR)
