GTR eNews: February 23rd
Global Trade Review (GTR)
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Top Stories
GTR Leaders in Trade: The shortlist
GTR?is pleased to reveal the shortlist for this year’s Leaders in Trade awards, which highlight excellence in the trade, commodity, supply chain and export finance and fintech markets.
Contour is back: Xalts announces ‘Silicon Valley-inspired’ acquisition
Contour has been acquired by fintech company Xalts, reviving the digital trade finance consortium just months after it announced it would cease operations due to lack of funding.?
Authorities urged to target refineries as Russian-origin fuel imports soar
The US was the G7’s largest importer of oil products produced from Russian crude last year, research shows, as legislators renew calls to expand sanctions to refineries that buy from Russia.
Kazakh bank hits snag in fraud suit against commodity traders
A court has ruled that a Kazakh bank cannot sue ADM, Bunge and Grove in the British Virgin Islands over allegations they defrauded the lender of US$231mn through an LC discounting scheme.
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Feature of the week
Roundtable: Asia trade finance leaders discuss emerging trends
GTR’s annual Asia trade leaders roundtable discussion gathered senior trade finance bankers in Singapore to discuss macroeconomic trends and evolving client demands.
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