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WTW, a leading global advisory, broking, and solutions company, announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. This strategic acquisition will accelerate performance by expanding into specialised businesses that align with the company’s technical,...
#Evan Freely#Global Commercial Credit#risk management
PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective May 15, 2025. In this newly…
#Edwin Wilches#Gabriel Rivera#Oliver Nisenson
Japanese bank Sumitomo Mitsui Baking Corporation (SMBC) has appointed Mitsuhiro Kawamura (pictured) as Global Head of Global Trade Finance Department…
#Mitsuhiro Kawamura#Norihito Obata#SMBC
Allianz Trade, the world leader in trade credit insurance, announces changes in its leadership teams. Benoît des Cressonnières, Global Head…
#Allianz Trade#Benoît des Cressonnières#Philippe Dessèvre
MCB Bank Limited, through its Islamic banking division, has formed a strategic alliance with Fauree Tech Pvt. Ltd. to launch…
#Fauree#MCB Bank#scf
STAR Funding, a New York-based provider of working capital solutions for small and mid-sized businesses, announced that Bryan Maloney has…
#Bryan Maloney#Cash flow#factoring
The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank PLC, to support…
#asset based lending#British Business Bank#Cynergy Business Finance
Finastra, a global provider of financial software applications, announced its leading cloud-based loan document preparation system, LaserPro, is now offering…
#Finastra#Laser-Pro#regulatory compliance
The Strategic Banking Corporation of Ireland (SBCI) CEO, June Butler, and the Vice President of the European Investment Bank (EIB),…
B2B payments are undergoing a major transformation. Supplier portals—once used by just a handful of customers—now account for up to…
#AI#invoice submission#invoice tracking
The European Investment Bank (EIB) and Banca Popolare di Sondrio have signed a new agreement to mobilise over €300m in…
#Banca Popolare di Sondrino#EIB#sme finance
Clearlake Capital Group, L.P., (together with certain of its affiliates, “Clearlake”), last week announced that it has entered into a…
#Anthony Jabbour#Clearlake#Dun & Bradstreet
Vietnam’s factoring industry entered 2023 with high expectations, especially with regard to export factoring which is the mainstay of the…
#factoring#Le Ngoc Hieu#Nguyen Minh Anh