North America

SWIFT Index: UK growth to continue as US growth slows

Mon, 20 May 2013 00:00:00 GMT

Continued UK GDP growth is forecast by the SWIFT Index as the rate of growth slows for US economy.

US and Tunisia push SME trade

Mon, 20 May 2013 00:00:00 GMT

US and Tunisia launch small business initiative to strengthen economic growth and trade.

US Department of Commerce releases Trade Finance Guide in Spanish

Mon, 20 May 2013 00:00:00 GMT

The US Department of Commerce has released the Spanish language version of its trade finance guide to help more small businesses export.

Banorte-IXE appoints head of trade

Tue, 14 May 2013 00:00:00 GMT

Mexico’s Grupo Financiero Banorte-IXE has named its new head of trade finance.

Boeing: Capital markets support growing

Tue, 14 May 2013 00:00:00 GMT

Boeing sees capital market support for aircraft financing growing as export credit agency solutions become less competitive.

Citi names global head of trade sales

Tue, 14 May 2013 00:00:00 GMT

Citi has named its new global head of trade sales, responsible for driving the sales team around the world to originate trade transactions.

Delta again benefits from Ex-Im support

Mon, 13 May 2013 22:53:31 GMT

US Ex-Im has approved a $45.5 million loan guarantee for a Brazilian airline maintenance contract by a Delta Airlines subsidiary supporting high-quality jobs in Atlanta.

US Ex-Im builds support for Senate hearings

Mon, 13 May 2013 00:00:00 GMT

US business groups and corporates are once again adding their support to the reauthorisation of the Export-Import Bank of the United States and the confirmation Fred Hochberg as its president.

EDC head named Bank of Canada governor

Mon, 06 May 2013 21:44:05 GMT

Stephen Poloz, president and chief executive officer of EDC, has been appointed governor of the Bank of Canada.

XL Group adds to political risk team

Mon, 06 May 2013 20:49:50 GMT

XL Group’s political risk team in New York grows with risk analyst appointments.

JBIC tapped for Freeport LNG

Mon, 06 May 2013 00:00:00 GMT

JBIC is in talks to help finance the first two trains of the Freeport LNG expansion in Texas.

Deutsche Bank: The evolution of trade finance

Fri, 03 May 2013 00:00:00 GMT

By Jon Richman, Head of Trade and Financial Supply Chain Americas, Global Transaction Banking, Deutsche Bank, and Joao Luiz A. Galvao, Head of Financial Supply Chain Americas, Global Transaction Banking, Deutsche Bank.

North American ECAs underperform with Russia

Fri, 03 May 2013 00:00:00 GMT

Following a panel discussing the North American view on working with ECAs to finance exports to Russia at this year’s Trade Finance Magazine/Euromoney Seminars’ Structured Trade and Export Finance in Russia and the CIS Conference, Ollie Gordon sat down with moderator Diana Bustamante of Commerzbank to talk about doing business with EDC and US Ex-Im.

Obama nominates for cabinet trade roles

Thu, 02 May 2013 22:23:31 GMT

President Barack Obama has put forward nominations for the two vacancies in his cabinet that focus on US trade policy and job creation.

BAFT-IFSA elects new board

Tue, 30 Apr 2013 21:11:43 GMT

International financial services association BAFT-IFSA has elected a new board and officers at its annual meeting.

CIT appoints Northeast US regional sales manager

Tue, 30 Apr 2013 00:00:00 GMT

Factoring services provider CIT Trade Finance has appointed a new regional sales manager for the Northeastern US.

Natixis mandated for Seabras-1

Mon, 29 Apr 2013 22:26:22 GMT

Seaborn Networks has mandated Natixis for its Seabras-1 fibre optic cable project linking New York and Sao Paulo.

Kexim tapped for Louisiana liquefaction project

Mon, 29 Apr 2013 00:00:00 GMT

The Korean export credit agency has been approached by Cheniere Energy Partners for financing of phase two of the Sabine Pass Liquefaction project in Louisiana.

BWise Vendor Risk Management unveiled

Thu, 25 Apr 2013 00:00:00 GMT

BWise its new risk management solution to manage vendor and supply chain risk.

White House and Ex-Im discuss trade finance access for Asian Americans

Thu, 25 Apr 2013 00:00:00 GMT

US Ex-Im joined the White House Initiative on Asian Americans and Pacific Islanders at a roundtable to discuss ways in which access to trade finance can be expanded.