A view from Sibos: UniCredit’s Gianfranco Bisagni talks to The Banker about emerging trends in transaction banking

 

 

 

 

 

Gianfranco Bisagni, Co-Head of Corporate & Investment Banking at UniCredit, talks to The Banker’s Joy Macknight about the major trends in transaction banking, including digitalisation, security, transparency and regulation. Over the course of the discussion, he covers the benefits of we.trade – a blockchain-based trading platform for SMEs – and the opportunities (not the threats) created by emerging fintech companies.

To watch the full video interview, please click here.

Writing for TMI, BNY Mellon’s Christopher Mager assesses the potential for emerging technologies to transform transaction banking

With technology developments occurring at a rapid rate, Christopher Mager, Head of Global Innovation, Digital Platform Office, BNY Mellon Treasury Services, discusses some of the key innovations that are impacting transaction banking, and how knowledge is king when it comes to harnessing new capabilities.

To read the full article, please click here

ExWorks Capital’s Chris Ash discusses Africa’s trade finance gap in Africa Global Funds

Writing for Africa Global Funds, Chris Ash discusses Africa’s persisting trade finance gap, which continues to restrict growth for the region’s SMEs.

Indeed, while trade has driven much of Africa’s economic growth in recent decades, increasingly stringent regulation introduced post-economic crisis continues to restrict banks’ appetite for lending. As a result, SMEs are struggling to access finance and are often forced into exploitative business relationships to ensure their products reach the ports.

The article was published in Africa Global FundsJanuary 2019 issue.

S&P Global Ratings explores the upcoming trends for North America’s regulated utilities and merchant power; covered by the specialist press

In its “Industry Top Trends 2019” reports for North America’s regulated utilities and merchant power, S&P Global Ratings found that the utility sector’s credit outlook is stable – with both regulated providers and independent power producers likely to see low levels of growth next year.

The reports also found that North American utility industry weaker credit measures from tax reform will likely persist in 2019, reflecting tax-related rate reductions carryovers. However, some utilities will likely offset this reduced revenue with further equity infusions or asset sales.

Following Moorgate’s outreach, Utility Dive covered the news

 

RedRidge Diligence Services appoints Allison Winchester as Associate Director, covered in specialist press

In a major push to expand client services, RedRidge Diligence Services has appointed Allison Winchester as an Associate Director.

Located in Chicago, she will be responsible for overseeing scoping and budgeting, as well as scheduling lender diligence field exams both domestically and abroad.

Following Moorgate’s outreach, the news was covered by: Global Banking and Finance Review, Business Money, Private Equity Wire, ABL Advisor, and Trade Finance Global.

Bank Leumi (UK) appoints Andy Mallin as new Chief Business Officer, covered in specialist press

Bank Leumi (UK) has appointed Andy Mallin as its new Chief Business Officer. Formerly Divisional Head of Real Estate Finance at Santander, Andy has over 20 years’ experience in corporate and commercial banking, and will report directly to Leumi (UK)’s CEO, Gil Karni.

In his new role, Andy will head activity across Leumi (UK)’s various business lines in order to develop an already strong existing business.

Following Moorgate’s outreach, the news was covered by: Trade and Export Finance, TXF, Business Money, Jewish News, Trade Finance Analytics, Global Banking and Finance Review, and Specialist Banking.

S&P Global Ratings’ Michael Ferguson explains the credit implications of California’s renewable mandate in Utility Dive

In September 2018, now-outgoing California Governor Jerry Brown signed SB100: a mandate to keep California on a path to deriving 100% of its power from clean sources by 2045. In an article for Utility Dive, S&P Global Ratings’ Michael Ferguson explains how this may mean significant credit implications for the state’s power generators.

Undeniably, SB100 is a boon for renewable energy assets in California. But it’s a mistake to consider these benefits to be mutually interchangeable — instead some assets stand to benefit more than others.

Ferguson writes: “While SB100 will naturally benefit existing solar and wind power, less obvious is by how much and when. Both asset types represent most renewable installations in the Golden State. Yet they are by no means immune from risk.”

Read the article here.

S&P Global Ratings’ analysts discuss the latest trends for transportation infrastructure in an interview with IREI

A changing geopolitical landscape could adversely affect traffic volumes in the transportation infrastructure sector, as U.S.-China trade tensions escalate and Brexit approaches.

S&P Global Ratings’ analysts recently spoke to Drew Campbell, i3 senior editor, IREI, about the ramifications for transportation assets.

Specifically in the case of Brexit, one possible outcome is increased spending to balance any downside. S&P’s analysts respond: “As U.K lawmakers attempt to offset the prospects of slower economic growth following Brexit, investment in infrastructure could accelerate.”

Read the article here

S&P Global Ratings’ Julyana Yokota outlines the emerging trends for airport assets in Airport World article

With Brexit fast approaching and merger and acquisition (M&A) activity on the rise, S&P Global Ratings’ senior director, Julyana Yokota, explores what 2019 may have in store for airport operators.

The primary consideration is Brexit. “Questions remain over how the impact of Brexit could hinder traffic growth – most notably for UK airport operators,” writes Yokota.

M&A activity continues to represent a key trend. In France, for instance, a recent law has permitted the sale of stakes in Aerports de Paris – the operator of the Charles de Gaulle and Orly airports. France-based infrastructure group Vinci, which currently holds an 8% stake in ADP, is keen to pursue this opportunity.

Read the article here