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Sibos 2011 round-up

26 September 2011

A round-up of the trade and supply chain news and announcements from Sibos 2011 in Toronto 19-23 September.

Read more: Sibos 2011 trade supply chain treasury Swift BPO ICC BPO

 

Swift and ICC collaborate on BPO
Swift and ICC declaration of cooperation paves way for market acceptance of the Bank Payment Obligation (BPO) instrument for trade finance.

ING, Santander join Citi Trade MAPS

ING and Santander will partner with Citi to join the Trade Maps programme

Deutsche Bank creates new synergies in trade and payments

Cash and trade product innovations by Deutsche Bank to help global trade clients.  

JP Morgan enhances Trade Channel

JP Morgan adds powerful supply chain management functionality and features to its trade channel platform.  

Citi launches LatAm supply chain solution

Citi’s Global Transaction Services group launches innovative web-based regional supply chain finance solution.

China CITIC signs to use Deutsche corporate cash solution

China Citic Bank is to roll out a Deustche Bank cross-currency payments solution to its corporate clients.

RBS appoints head of EMEA global transaction services

The Royal Bank of Scotland has appointed a new head of EMEA, global transaction services.

China Minsheng selects Deutsche for intra-Asia trade payment flows

China Minsheng Banking Corp has chosen Deutsche Bank’s Asia Accelerator to expedite intra-Asia trade payment flows.

China’s CMB selects Deutsche for multi-currency trade payments

China Merchants Bank sign to use Deutsche Bank tools to expedite intra-Asia payment flows.

Standard Bank and ICBC sign agreements to support China trade

Standard Bank and China’s ICBC have signed two cooperation agreements to help boost China’s trade with emerging markets.

JP Morgan provides Sberbank with trade loan for oil sector client

JP Morgan is to provide Russia’s Sberbank with a loan to facilitate pre-export financing in the oil sector. 

Misys: More banks to form single transaction banking business in the next year
Misys survey sees trend to consolidate cash and trade businesses into one transaction banking group continuing at pace.


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