GE Capital Chairman to step down
GE Capital Chief Executive Michael Neal is reported to resign this summer.
Supply chain finance (SCF) has continued to exhibit strong growth in the last two years, according to latest research from Demica, which reveals average annual SCF growth rates between 30 per cent and 40 per cent at major international banks.
The International Chamber of Commerce (ICC) has produced the first-ever Uniform Rules for Bank Payment Obligations (URBPO), a 21st century set of rules for the rapidly developing field of supply chain finance.