The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
Economies around the world are now looking to reopening economies in support of generating economic activities, limited by social distancing restrictions.
Despite today’s climate of rising trade tariffs and falling trade volumes, UniCredit’s Global Head of Global Transaction Banking, Luca Corsini, claims we have reason to remain optimistic for trade finance revenues in the coming months, pointing to the rising need for security in trade transactions, the rise of digital platforms to simplify and expand service provision, and continued infrastructure development stemming from Asia.
The European Receivables Finance Industry in 2019: Predictions for growth
Open banking has been taking over as the latest FinTech model of global market disruption, but market implementation so far has been fraught with delays, slowdowns and difficulties. Open banking refers to a financial data aggregation system that will be implemented in banks and financial service channels.
Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
The rise of populist parties across Europe has made the implementation of the orthodox economic reforms- espoused by the European Union to greater economic success and stability less certain. This… read more →