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The London Institute of Banking and Finance (LIBF) has appointed a new relationship director in Asia. Latifah Alkhatib has joined LIBF – which offers training and qualifications in trade and transaction banking – in its Singapore office. Alkhatib moves to LIBF from the International Chamber of Commerce (ICC) Academy, where she managed Asia Pacific and ...
Bank of America has appointed Jacqui Kirk as head of trade and supply chain finance for its global transaction services (GTS) business in Europe, the Middle East and Africa (Emea). Kirk, who has spent nearly a decade at the bank, most recently held the position of co-head of product management across the Emea region. She previously ...
The UK’s export credit agency is providing a £500mn loan guarantee to automotive manufacturer Jaguar Land Rover, in a bid to boost the country’s electric vehicle (EV) manufacturing and export sector. The agreement, which was signed and drawn down in full by the company in December, sees UK Export Finance (UKEF) cover 80% of a ...
Banking giants HSBC and BMO Financial Group have announced plans to invest a total of US$150mn in Bill Gates’ Breakthrough Energy Catalyst programme, an ambitious public and private sector decarbonisation effort. Breakthrough Energy, founded by Gates in 2015, aims to accelerate the development of direct air capture, clean hydrogen, long-duration energy storage and sustainable aviation ...
Commercial banks in the US have welcomed plans from the country’s export credit agency to create a new domestic financing programme, as the White House works to strengthen America’s role in global supply chains. In recent weeks, the Export-Import Bank of the United States (US Exim) concluded the feedback gathering stage for its new domestic ...