How SWIFT & SGX’s e-voting project will work - Digital Finance
SWIFT, SGX and several banks share their vision for automating proxy voting via blockchain.| Digital Finance
HSBC announced a series of senior appointments to support its businesses in Hong Kong and position both HSBC and Hang Seng Bank for the next phase of development. Luanne Lim will be appointed Executive Director and Chief Executive of Hang Seng Bank, effective October 2025, subject to regulatory approval. Lim joined HSBC in 1999 and [...] The post HSBC and Hang Seng Bank Announce Senior Leadership Changes in HK appeared first on Fintech Hong Kong.| Fintech Hong Kong
SWIFT, SGX and several banks share their vision for automating proxy voting via blockchain.| Digital Finance
The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.| Global Trade Review (GTR)
Aunque falta un mes para el regreso a clases, los padres de familia pueden ir planeando sus compras de útiles para cuidar su bolsillo.| Expansión
Last month, BankTrack, Friends of the Earth US, Foodrise, Rainforest Action Network and Institute for Agriculture and Trade Policy submitted a joint response to a call for input by the UN Special Rapporteur on the right to food on the “concentration of corporate power in global food systems and its implications for the realisation of the right to […] The post Five civil society groups call out corporate power and financial backing behind global food injustice in submission to UN Specia...| Forests & Finance
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)
Aon has made three senior appointments – two external and one internal – to newly created roles within its credit solutions division.| Global Trade Review (GTR)
Banks and crypto startups are preparing for quantum computers' impact on the safety of digital assets.| Digital Finance
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)
A deal with incubator HKSTP aims to get startups “big-bank ready” – and to make HSBC start-up ready.| Digital Finance
The UK and India have signed a trade deal three years in the making in a move praised by trade banks for broadening opportunities during a period of global trade uncertainty. It is the largest deal the UK has signed since leaving the EU, according to UK officials, and is expected to increase bilateral trade…| Global Trade Review (GTR)
HSBC has launched a financing product to help US clients facing an increase in upfront import duties, supporting working capital needs during a period of intense trade uncertainty. Announced by the bank today, the product – called HSBC TradePay for Import Duties – aims to simplify US companies’ payment of tariffs, while optimising liquidity and…| Global Trade Review (GTR)
The world’s largest trade finance banks are bracing for a potential revenue hit from US President Donald Trump’s tariff spree but claim they are well prepared for slowing exports and supply chain disruptions. In early April, the US slapped tariffs of 145% on China, which retaliated with duties of 125% on US imports, while several countries…| Global Trade Review (GTR)
Standard Chartered is the first bank to announce it will align its trade practices with the ICC’s Principles for Sustainable Trade Finance.| Global Trade Review (GTR)
Lenders HSBC and TSB are increasing some of their mortgage rates, while Gen H and MPowered are making cuts.| Mortgage Solutions
The International Chamber of Commerce (ICC) has launched a set of principles to help banks and their clients classify trade finance transactions as sustainable. There are currently no globally agreed regulatory standards on what constitutes sustainable finance, and regulators have signalled closer scrutiny of banks’ green finance claims over allegations of greenwashing. Trade finance instruments ...| Global Trade Review (GTR)
HSBC has won a legal victory in its attempts to claw back losses from a US$190mn facility it provided to since-bankrupt Hong Kong commodity trader NewOcean Energy. A British Virgin Islands (BVI) court granted HSBC’s application to wind up two companies which provided guarantees for the facility, which was extended in 2019 with the UK-headquartered ...| Global Trade Review (GTR)
Hyundai has secured a US$1.35bn term loan package from a group of international banks and Korea’s export credit agency, helping fund the company’s first electric vehicle (EV) plant in the US. The untied facility, which comes with a 10-year tenor, is backed with 95% cover from Korea Trade Insurance Corporation (K-Sure). Proceeds will be used ...| Global Trade Review (GTR)
The previous quarter, banks truly stretched any possible accounting and regulatory standard to the limit to kick the can down the road, hoping a #FED rate cut could give them some relief. Unfortunately for them, not only did this not happen, but today our dear Jerome Burns reminded everyone that...| JustDario
The only application of generative AI that banks and fintechs can count on being deployed right now is fraud.| Digital Finance
Out of Province Emergency Medical Coverage on HSBC credit cards will not be applicable to travel on or after March 29| Rewards Canada
RBC has laid out a timeline for the transition of banking products from HSBC to RBC and they aren't wasting any time with the migration!| Rewards Canada
