Japan’s Sumitomo 'in talks to buy ABN Amro’s commodity loans' ;Hin Leong Trading to be wound up; Whistleblowers sparked probe at trade finance fund Barak

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:

• Japan's Sumitomo Mitsui Financial Group is in talks to buy a portfolio of commodity loans from ABN Amro NV as the Dutch lender exits the industry

• Singapore's High Court has given the green light for the winding up of Hin Leong Trading, marking the end of the road for the collapsed oil trading giant after nearly a year of restructuring

• Barak Fund Management as the firm seeks approval to restructure a $1 billion trade finance fund that’s left investors stuck with hard-to-sell assets

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