As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR reserve currencies and China’s global political clout rises commensurately, the country has yet to fully liberalize its markets—or its currency.
Global Finance Magazine
Frontier Markets Report | Myanmar is wide open in terms of investment prospects, and its opportunities are luring investors—despite the risks.
Special Report | U.S. Transaction Banking
Dealing with the regulatory complexities faced by their larger peers and without some of the flexibility of their smaller brethren, US regional transaction banks are building international partnerships and investing in best-of-breed technology platforms in order to win, and hold on to, corporate clients.
Awards & Rankings
The Innovators 2015 - Transactions Services, is Global Finance's annual listing of the most innovative banks and fintech companies in treasury and transaction services. The firms in this category are honored for launching products or services that are transforming the transaction services landscape for consumers and financial institutions. Global Finance uses the OECD's Oslo Manual Of Innovation to evaluate honorees.
From the Wires
By Chelsey Dulaney Cenovus Energy Inc. on Tuesday said it agreed to sell its oil-and-gas royalty business to Ontario Teachers' Pension Plan for about 3.3 billion Canadian dollars (US$2.7 billion). The business, Heritage Royalty L.P., holds about 4.8 million acres ...
Cenovus Energy Inc. on Tuesday said it agreed to sell its oil-and-gas royalty business to Ontario Teachers' Pension Plan for about 3.3 billion Canadian dollars (US$2.7 billion). The business, Heritage Royalty L.P., holds about 4.8 million acres of royalty interest ...
Blackstone Group L.P. agreed to sell its U.S. security services business, AlliedBarton, to French investment firm Wendel for about $1.67 billion. Blackstone bought AlliedBarton in 2008. Founded in 1957, AlliedBarton provides security officers and managers to a variety of industries, ...