British bank hires high-profile ex-Deutsche banker as global head of transaction banking as it ramps up its fintech offering. A high-profile treasurer is also joining.
Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.