Greensill Capital made its name in supply chain finance, offering receivables finance to small suppliers. Since then it has expanded its scope considerably, financing commercial aircraft deliveries for the first time this year, for example, as well as long-term infrastructure projects and even mobile phones. And it won’t be stopping there, as its CEO and founder, Lex Greensill, tells Joe Kavanagh.
There’s been a boom in political risk and trade credit insurance in recent years, with plenty of new entrants in the space. This has driven down premiums, but far from diluting the product offering, increased competition has also led to innovative new products, writes Marcus Alcock.
SWIFT’s primacy in international payments looks solid for now, despite the entrance of an aggressive rival, says Heather McKenzie.
|Rank||Company||Total US$ m||Transactions||Market Share (%)|
|2||China Exim Bank||9,936.33||29||3.30|
|5||JPMorgan Chase & Co||9,462.38||48||3.14|
|7||Mitsubishi UFJ Financial Group||8,269.60||79||2.75|
|9||Bank of America||7,612.35||40||2.53|