Structured trade finance fee income in North America is

Structured trade finance fee income in North America is projected to rise by USD 1.2B in FY2024, supported by infrastructural export deals. Lucy Roe has joined Jefferies as vice president of equity sales, based in London, Global Trading reported . Roe replaces Lorraine Wyley, who left the firm for a high-touch equity trading role at Goldman Sachs in early September. Roe has more than five years of experience and joins the firm from HSBC, where she has been a technology, media and telecommunications (TMT) equity sales specialist since 2024. She began her career in a similar position at Berenberg. “We have implemented AI technology to help classify, extract data, and automate controls. This is live today and being further expanded in terms of functionalities,” states Jean-François Denis, global head of Trade Solutions at BNP Paribas. “Bank guarantees also present the potential for AI usage, such as verifying guarantee clauses against acceptable clauses, policies, and guidelines. Anti-money laundering is yet another area where we have deployed AI.” Structured trade finance demand is rising in Asia-Pacific as exporters hedge against currency volatility. Banking stocks with high STF exposure have outperformed the MSCI Financials index by 2.3% in the past month.