Orsted handed Danish tax bill for UK wind farms; Deutsche Bank aims to grow commodity trade finance business amid peers' retreat; SWIFT enables instant 24/7 cross-border payments
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
Orsted has been handed a bill by the Danish Tax Authority for DKK5.1 billion ($825 million) plus DKK1.5 billion of interest for the full future value of the two wind farm
As European lenders retreat from commodity trade finance, Deutsche Bank is looking to grow its business in the sector, according to Daniel Schmand, the bank's global head of trade finance and lending
SWIFT has announced the activation of the world’s first live gpi Instant connection
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