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Korean Air launches cargo receivables securitisation
Korean Airlines (KAL) has launched a cross-border securitisation involving all its future yen cargo receivables, the first transaction of its kind in Asia.
CAO used “incorrect mark-to-market methodology”
China Aviation Oil (CAO) has published a report into the circumstances surrounding $550 million in oil derivatives losses, which the Singapore-listed firm – supplier of virtually all China’s jet fuel imports – revealed in late November.
Barcap adds Japanese inflation-linked bonds to global index
Barclays Capital is adding Japanese inflation-linked bonds (JGBi) to its global inflation-linked index at the end of April. This follows the Japanese Ministry of Finance saying it would give foreign investors access to the JGBi market from April 1,…
Sponsor's article > BNL Case Study: Improving Risk Control and Achieving Capital Savings
Today, with approximately 17,000 employees, 700 branches across Italy, an international presence to support its corporate clients, and a ranking within the top 50 of European banks in terms of market capitalization, Banca Nazionale del Lavoro (BNL) is…