Digitization Has Yet To Prove Its Worth For Banks' Trade Finance Operations

Digitization Has Yet To Prove Its Worth For Banks' Trade Finance Operations

Share Tweet Share Share Share Print Email The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. As covered by Global Trade Magazine in reports in Monday (June 11), the […]

Envision Healthcare on an upswing, Southwest Airlines jump, DSW's up

Envision Healthcare on an upswing, Southwest Airlines jump, DSW's up

Let’s check out the Yahoo Finance charts of the day. Envision Healthcare (EVHC): Shares are up in early trade, at around 2.7%. Private-equity firm KKR has reached a deal to buy Envision Healthcare Corp., a provider of services to hospitals, for about $5.5 billion in cash. Southwest Airlines (LUV): Shares are up here, 2.6%. According […]

Systemic risks feared as Amazon cloud eats finance

Systemic risks feared as Amazon cloud eats finance

Technology experts have raised fresh concerns about the financial sector’s over-reliance on Amazon after it emerged several large asset managers have started using the e-commerce giant’s cloud platform. Financial News has learnt that the US technology company, which already counts a slew of banks, regulators and fintech firms among its customer base, also works with […]

Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong’s former financial chief John Tsang Chun-wah on Saturday took a dig at politicians of all stripes – including the pro-democracy camp which supported him in last year’s chief executive race – accusing them of causing “deep and irreparable injury” to the city’s systems. He was particularly critical about the goings-on in the Legislative […]

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

THE TICKER Chinese men pass by a ZTE building in Beijing. (AP Photo/Ng Han Guan, File) The Trump administration’s failure to extract any meaningful concessions from Beijing in return for salvaging Chinese telecom giant ZTE is more than just a tactical defeat.  It portends a broader collapse of the U.S. push to force systemic reforms […]

7-Attorney Real Estate Finance Group Heads to King & Spalding

7-Attorney Real Estate Finance Group Heads to King & Spalding

Courtesy photo King & Spalding has added a seven-attorney real estate finance group in New York from a midsize Boston-based firm. The attorneys joining King & Spalding as of June 1 include partners Erik Anderson, Elizabeth Gable and Jared Zaben, as well as four counsel: Brett Nizzo, Nathan Pagett, Julian Buchbinder and David Hart. The […]

Alliant Energy Finance, LLC Announces Pricing of Senior Notes Offering

Alliant Energy Finance, LLC Announces Pricing of Senior Notes Offering

The net proceeds from this offering are intended to be used to retire AEF’s variable-rate term loan credit agreements expiring in 2018, to reduce the Company’s outstanding commercial paper and for general corporate purposes. The Notes will be offered and sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of […]

Vietnam Finance Minister Wants to Ban Bitcoin Mining Rigs

Vietnam Finance Minister Wants to Ban Bitcoin Mining Rigs

Osato Avan-Nomayo · June 6, 2018 · 2:00 am News has emerged of yet another cryptocurrency-related ban — this time in Vietnam. The country’s Finance Ministry is proposing a ban on the importation of cryptocurrency mining rigs. According to the ministry, these mining rigs are used to launch unregulated digital payment methods.  Vietnam Struggles to Get a […]

The Finance 202: Trump draws powerful enemy in trade fight: the Koch brothers

The Finance 202: Trump draws powerful enemy in trade fight: the Koch brothers

THE TICKER (Miller Hawkins/MSNBC) President Trump’s trade offensive just drew its first serious opposition at home.  Congressional Republican leaders may be unwilling for now to do more than voice their objections to billions of dollars in tariffs the administration is moving to impose on imports from around the globe. But the Koch brothers’ political network […]