Global trade has had a tough few years, what with supply-chain disruptions, geopolitical tensions and sustainability challenges. Corporates have had to adapt to this new reality, and banks have had to evolve as well.
HSBC, the world’s largest trade-finance bank by revenue, launched Global Trade Solutions last month, a rebrand of its long-standing Global Trade and Receivables Finance (GTRF) business. The bank is moving beyond being a product provider and financier to offering more comprehensive and tailored solutions for clients.
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