February

Shearman hires project partner 06 February 2012

Law firm Shearman & Sterling has hired an EMEA project finance specialist from Ashurst.

Ex-Commerzbank chief says EBA rules are hurting trade 02 February 2012

Speaking at Trade Finance Magazine’s Supply Chain Finance Europe conference in Frankfurt, Klaus-Peter Müller warns of the impact the EBA capital buffer will have on trade and supply chain finance.

Hogan Lovells expands New York practice 01 February 2012

Hogan Lovells announced is expanding its finance practice in New York with the addition of partners Peter Humphreys and Evan Koster.

January

Update: Wells Fargo banker jailed for US Ex-Im fraud 31 January 2012

Wells Fargo loan officer Gerard Uribe is jailed for his part in the largest case of fraud on export credit agency US Ex-Im.

Market View: A beginner’s guide to borrowing base facilities 30 January 2012

Watson Farley Williams’ partner, Celia Gardiner, provides a simple guide to borrowing base facilities, an increasingly popular structured commodity financing instrument for both traders and commodity producers.

Barclays claims EU capital rules are restricting trade finance 27 January 2012

Barclays’ global trade finance head states Basel III regulations and CRD IV will limit the availability of trade finance for European SMEs.

BAFT-IFSA elects new board 24 January 2012

International financial services association BAFT-IFSA has announced its newly elected board for 2012-13 at the group’s European annual meeting.

ICC survey predicts 2012 trade finance demand drop 18 January 2012

A joint survey by the ICC and the IMF says the lack of availability of trade finance, especially from deleveraging banks, will lead to depressed trade volumes for 2012.

Air India deals continue as US Ex-Im injunction overturned 17 January 2012

US District Judge rejects preliminary injunction to stop a US Ex-Im-supported loan to Air India.

Market view: Are sanctions clauses undermining letters of credit? 12 January 2012

Reed Smith’s energy, trade and commodities team reviews whether the recent surge in financial sanctions and embargoes, and the resulting "sanctions clauses" in letters of credit (LCs) is challenging the fundamental nature of an LC.

Happy 20th birthday URDG! 10 January 2012

Dickon Harris celebrates the 20th birthday of the ICC’s Uniform Rules for Demand Guarantees (URDG), regulations which govern demand guarantees and counter-guarantees in international trade.

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.

Norton Rose expands into Latin America and Central Asia 04 January 2012

Law firm Norton Rose Group has merged with Canada’s Macleod Dixon allowing the firm to expand into Latin America and Central Asia for the first time.

Baker Botts hires in Dubai 03 January 2012

Baker Botts has hired a leading project, trade and Islamic finance Lawyer to join its Dubai office.

Trade Finance Market Outlook 2012 03 January 2012

The annual Trade Finance Market Outlook including our contact directory and events calendar.