Trafigura and its former chief operating officer were convicted by a Swiss court on bribery charges, the first time a senior executive at a major commodity trading house has been found guilty of ...

On the flip side, taking too much risk can lead to business failure. An effective risk management framework aims to strike the proper balance, protecting the organization's capital and earnings ...

Trafigura is still chasing down the funds almost two years after news broke that it was on the hook for almost $600 million of nickel in containers that turned out to be almost worthless carbon steel.

Investors scramble to move their assets to safe havens like US Treasuries, causing bond yields to plummet. The growing crisis of confidence becomes a systemic risk wildfire, devastating multiple ...

Prosecutors alleged that Trafigura and others paid bribes of over $5 million via a network of intermediaries to the Angolan official to win oil deals from 2009 to 2011. Trafigura lawyer Jean ...

Trafigura Group is seeking permission to subpoena Wall Street banks for information that might help the commodity trading giant track down the more than half a billion dollars it lost in an ...

“Through the facility, Trafigura Group companies will be able to discount on a limited recourse basis, with the credit risk fully supported by insurers approved by the participating bank ...

Mike Wainwright, Trafigura’s ex-COO, was sentenced to 32 months in jail, of which 20 months are suspended, the Federal Criminal Court ruled on Friday in Bellinzona, Switzerland.

BELLINZONA, Switzerland, (Reuters) – Switzerland’s top criminal court convicted trading house Trafigura and a former senior executive of corruption yesterday in an unprecedented case over ...

Ex-Trafigura executive Wainwright handed 32-month sentence First such corruption trial at Switzerland's highest court Prosecutors say $5 million of bribes paid to Angolan official Wainwright's ...

The insurance shifts most of the credit risk on the receivables away from Trafigura towards insurance companies, in what the borrower says is a first for its sector. “This is the first time a ...