Natixis’ renewables investor conference featured in GlobalCapital

On June 18th, Natixis hosted a virtual renewables investor conference, co-moderated by Eric Arnould, Natixis’ Head of Equity Capital Markets, and GlobalCapital’s Sam Kerr. In light of the COVID-19-induced recession, there have been widespread hopes for a green recovery, and no sector is more important to that aspiration than renewable energy. In turn, the virtual panel discussion was centred on the desirability of renewable power, banks backing the industry, corporates going green and technological progress, among other topics.

To read the full article, please click here (paywall).

ICC’s Olivier Paul discusses the implications of COVID-19 for the trade finance industry in The Asian Banker

Writing for The Asian Banker, Olivier Paul, Director, Finance for Development at the International Chamber of Commerce (ICC), discusses the implications of the Coronavirus pandemic for the trade finance industry and the measures needed to backstop a trade recovery.

Undoubtedly, global trade volumes are expected to fall in 2020 – and with them – the revenues of the trade finance industry. Yet several priority interventions could immediately bolster financing capacity, including large scale purchases of low-risk trade assets, transitioning to paperless trading or providing capital relief for trade transactions under global financial stability rules, known as Basel III.

To read the full article, please click here.

ICC’s Olivier Paul writes for Financier Worldwide on how the trade finance industry has reacted to COVID-19

Writing for Financier Worldwide, Olivier Paul, Director, Finance for Development at the International Chamber of Commerce (ICC), discusses policy responses and paperless trade in the face of the COVID-19 pandemic.

As the wheels of global trade turn more slowly as a result of the pandemic, it is crucial that they do not stop completely, and a number of measures have been put in place to support the continued supply of funding for trade – including economic stimulus and capital relief from governments and regulatory institutions and targeted support for trade finance. However, challenges remain for paperless trading. While progress has been made in recent years, action is now urgently required to help digitalise processes to continue providing vital financing to companies worldwide.

To read the full article, please click here.

UniCredit’s Thomas Dusch explores the impact of COVID-19 on supply chains in Global Finance

Lockdown has brought the global economy to a grinding halt — disrupting cash flows and triggering a liquidity crisis.

In an article for Global Finance, UniCredit’s Deputy Head of Global Transaction Banking, Thomas Dusch, argues that once payables and receivables stocks pick up again, banks will be able to step in and plug the liquidity gap with traditional financing tools, such reverse factoring.

In the meantime, however, UniCredit can help buyers support their suppliers through its web-based dynamic discounting tool, offered in partnership with specialist fintech FinDynamic, which enables suppliers to submit invoices for early payment in exchange for a scaled discount, and buyers to select which invoices they would like to approve. This is a highly valuable tool now that most treasury departments must handle their business remotely.

To read the full article, click here.

How is the US payments landscape changing? BNY Mellon’s Carl Slabicki explores in a video interview with FinTech Finance

For some years, the payments landscape has been experiencing a shift from paper to digital solutions, with developments, including new real-time payments systems, the emergence of innovative overlay services, and the modernization of legacy rails, coalescing to meet evolving client needs.

Speaking on Fintech Finance’s Virtual Arena, Carl Slabicki, Head of Strategic Payment Solutions, BNY Mellon Treasury Services, explains how the Covid-19 pandemic has acted as a catalyst to drive forward this digital transformation. “As more and more businesses made the move to a remote working environment, BNY Mellon has had to adapt to better support their clients with accessing data, to afford capabilities from remote settings, and to provide increased assurances” says Slabicki.

To watch the full interview, please click here.

In an article for The International Banker, BNY Mellon’s Isabel Schmidt and Marcus Sehr explain how to best prepare for ISO 20022

The introduction of ISO 20022, the new payments messaging standard, is set to revolutionise the payments industry. The existing infrastructures, including SWIFT MT messages and their proprietary equivalents, are no longer suitable for modern payment needs. By replacing them, the industry aims to create a messaging ecosystem that can facilitate an efficient, value-added payments experience for clients.

Of course, these benefits will come at a cost. Preparing for the new standard will require substantial efforts and resources from banks. It crucial that banks be fully apprised of the impending developments, understand what is required and have effective strategies in place. BNY Mellon’s Isabel Schmidt and Marcus Sehr explore in an article for the International Banker.

To read the full article, please follow this link.

Natixis’ Orith Azoulay speaks to Bloomberg on sustainability-linked bond sales picking up in Europe

Speaking to Bloomberg, Orith Azoulay – Global Head of Green and Sustainable Finance at Natixis CIB – notes that the deal pipeline for sustainability-linked bonds will grow and issuance will materialise in the coming months.

The notes provide an alternative to green bonds, particularly for low-capex companies that have little use for funds that can only be spent on environmental projects. What’s more, sustainability-linked bonds may also be appealing to issues that have been put off from selling environmental debt because of potential greenwashing accusations.

This article was published on the Bloomberg Terminal.

IFR interviews Natixis’ Karen Degouve on the bank’s measures to safeguard natural capital across its business

In an interview with IFR, Karen Degouve, Head of Sustainable Business Development at Natixis, discusses the “concrete, measurable and time-bound” measures set by the bank to reduce the impact of its corporate and investment banking, asset management and insurance businesses on the natural world, as the COVID-19 crisis pushes biodiversity higher up the ESG agenda.

Natixis has been working for two years on its biodiversity commitment and has made great progress through its Green Weighting Factor, which colour-codes financing activities and assesses their impact on the bank’s balance sheet.

To read the full article, please click here.

In an interview with The Banker, BNY Mellon’s Dino Sani discusses the evolution of the Latin American banking industry

The Latin American banking industry has experienced huge growth over the past two decades. In an interview with The Banker’s Silvia Pavoni, BNY Mellon’s Head of Treasury Services for Latin America, Dino Sani discusses how well-equipped financial systems, expert knowledge on managing volatility and a strong regulatory framework has led to the growth of regional giants.

When speaking on how technology will shape competition in the future, Dino Sani said, “In the short-run, the biggest challenges are not the current economic situation or the Covid-19 and how it affects our countries. For financial institutions, new technology is the main challenge – they need to reinvent themselves to be in the market, otherwise the markets will reorganise and the technology might make it more difficult for the more traditional banks to compete”.

To listen to the full video, click here and scroll to the bottom of the web-page.

In an article for Euromoney, BNY Mellon’s Joon Kim examines the future of supply chains after Covid-19

As we come to grips with the Covid-19 pandemic, supply chains across the globe are under immense pressure. An unprecedented demand for supplies from supermarkets is offset by a demand slump from restaurants, cafes, hotels and bars that have been forced to shut their doors. This disruption will create new challenges for transaction bankers and may lead to long-term changes in global trade patterns.

“Filling in gaps in the supply chain, however, will come with new risks. Banks will need to weigh up the overall cost of this risk exposure in serving their clients, especially small and medium-sized enterprises”, says Joon Kim, Global Head of Trade Finance Product and Portfolio Management at BNY Mellon.

To read the full article, please click here.