SNR Denton adds banking partner - Trade Finance - January 2012

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SNR Denton adds banking partner

10 January 2012

Law firm SNR Denton has made a strategic hire for its banking and finance team in London.

Read more: SNR Denton London

Law firm SNR Denton’s banking practice has received a boost with the strategic hire of Edward Hickman as a partner in its banking and finance team.

Hickman joins from Linklaters, where he spent the last six years as a partner in their structured...

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There is a lot more financing activity coming from the trading companies, mining groups, and multinational corporations that have excess liquidity at their disposal. In many cases they are sitting on cash given high commodity prices, and can still attract banks loans – borrowing base facilities and revolvers continue to be renewed. This allows them to get more involved in direct trade financing on a prepayment or transactional basis. Essentially this is supply chain financing and their treasuries have become a lot more sophisticated.

News sources of trade liqudity find their place - March 2012

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