
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Like BP, Norway’s Equinor and France’s TotalEnergies, Shell’s leadership decided that the war with Ukraine made it impossible to maintain its business in Russia.
New offerings make corporate treasuries far nimbler.
Russia’s largest bank avoided being removed from Swift but was sanctioned directly by the US and UK governments and undermined by sanctions targeting Russia's central bank.
A proposal to label some natural gas and nuclear power plants green investments has prompted backlash from environmentalists and heightened tensions among the 27 member countries.
Despite external investor caution, Iceland’s economy continues to rebuild.
The recuperation of Spain’s economy will take longer than hoped.
Britain's fourth-largest supermarket chain will now be owned by Americans.
The launch this September follows Goldman Sachs’ UK launch of its digital offering in 2018.
Millionaire Labor Party leader becomes Norway's prime minister.
Dana Bodnar, a senior economist at Atradius, discusses with Global Finance the hard-learned lessons.
The ECB moves forward with plans to create a digital Euro and digital wallets for consumers.
Armed with new technologies, banks are finding new ways to keep customers happy and themselves profitable.
The daughter of an immigrant, union leader Daniela Cavallo ascends to a leadership position within the German automaker's corporate structure.
Credit Suisse’s new chairman will have to bring the turn-around skills he utilized at Lloyds a decade ago.
Germany looks for outside help to deal with Wirecard's troubles.
French neobank Nickel partners with smokeshops instead of building a traditional network of brick-and-mortar branches.
Former European Central Bank President Mario Draghi becomes Prime Minister of Italy.
London’s loss of the crown as Europe’s top trading hub is only the latest in a year-long string of bad news for the UK.
Strongly advocated by Germany, the agreement drew criticism from other European Union member states concerned with issues ranging from Beijing’s human rights record to cybersecurity and technology transfer.
London was once Europe's premier finance hub but Brexit has upended that.