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TRADE FINANCE BANKS face multiple challenges. The intense focus of global trade on emerging markets is requiring some banks to devise new business models. Meanwhile, the entire banking industry is undergoing change as regulators devise new structures to guard against a recurrence of the financial crisis.
“International banks face a dilemma as trade flows shift to emerging markets,” says Tan Kah Chye, global head of corporate cash and trade at Standard Chartered, ranked sixth globally in Euromoney’s Trade Finance 2011 survey.
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