After weeks of speculation and predictions of the euro’s value hitting parity with the US dollar, it finally happened this week, and the world noticed.
For the third day in succession, a test of the psychologically important parity level in Euro-Dollar is underway, but a significant layer of options barriers could yet mean the exchange rate closes above this level again.
As Iain Martin of the Times said, “To deny the downsides of Brexit on trade with the EU is to deny reality.”
The decision to secede from the world’s largest single market area was bound to have some short-term economic consequences, but the UK may be experiencing more than a short-term decline.
Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions.
In this article, the Bank of England’s Alastair Hughes talks about LIBOR cessation and risk-free rate alternatives
Collaborative ecosystems in open banking: The experience of the Italian financial community with CBI
In this article, Liliana Fratini Passi, managing director of CBI, shares her experience of pioneering open banking in the Italian market
In this Q&A, we speak to author and markets veteran James Fok about his new book, Financial Cold War: A View of Sino-US Relations from the Financial Markets
Like many organisations during the COVID-19 pandemic, the International Trade and Forfaiting Association (ITFA) has had to adapt to a changing business landscape.
This week, at a House of Lords Economic Affairs Committee hearing on CBDCs, Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, revealed some interesting findings on the potential impacts of Britcoin.
With environmental issues now a top priority for the investment world, Alastair Sewell’s undergraduate degree in biology is finally paying off.
The cessation of the London Interbank Offered Rate, or LIBOR, will be one of the most important events affecting trade finance this year.
A new report by Euler Hermes has found that the UK economy is “trapped by policy choices” going into the end of 2021 and beginning of 2022.
South Africa’s Standard Bank has launched a new digital payments partnership with Africa-based fintech Flutterwave. Under the terms of the deal, Standard Bank customers in eight African countries will be… read more →
UK development finance fund CDC Group has committed to a $30 million trade finance loan to Bangladesh’s Prime Bank. The loan facility, which will enable Prime Bank to extend more… read more →