LONDON (Reuters) - French bank Natixis has broadened its $32 million (£24 billion) lawsuit over fraudulent receipts for nickel stored at warehouses in Asia by adding a unit of commodities giant ...
SHANGHAI – The banker at the other end of the phone line was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank, China ...
Synaps, a joint venture between Ipreo and Symbiont, used the latter’s smart contact technology in an experiment in the first quarter of the year with a group of 19 banks and asset managers drawn ...
Financial innovation firm R3, five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers on R3s Corda distributed ledger ...
The 2007–09 financial crisis drew attention to the nature and consequences of connections among financial firms. New reporting standards set in the wake of the crisis have shed more light on these ...
Kyiv, Ukraine—The World Bank Group and the Swiss State Secretariat for Economic Affairs (SECO) have launched a program that will allow farmers to use crop receipts as collateral for payment. This new ...
To ensure a food-secured future, the government is adopting innovations that are capable of improving the lives of farmers. One of these is the Warehouse Receipt System. It is meant to help farmers ...
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