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Crédit Agricole has promoted Javier Sanchez-Asiain to the position of global head of global trade finance. Sanchez-Asiain made the move to Paris in January from London, where was head of the UK international trade and transaction banking team. He replaces Naeem Khan, who is moving to another position within the French lender. Sanchez-Asiain, who has ...

Crédit Agricole CIB has signed its largest ever synthetic risk transfer (SRT) with the International Finance Corporation (IFC), as it seeks to expand its trade finance activities in emerging markets. The structured finance transaction will see the IFC provide a US$182mn guarantee on a US$4bn-equivalent reference portfolio composed mostly of Crédit Agricole CIB trade finance ...