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
Lehman Brothers Holdings Inc. settled a multimillion-dollar derivatives dispute involving mutual-fund giant Putnam Investments, ending litigation over a series of swap agreements. In a Monday filing with U.S. Bankruptcy Court in Manhattan, Lehman said a unit of U.S. Bancorp, the ...
By Carolyn Cui The yuan weakened against the dollar in trading outside of China on Tuesday amid worries that the government's aggressive moves to salvage a plunging stock market could backfire on the country's economy. In New York trading, the ...
(Adds details and analyst comments) By Jesse Newman CHICAGO--U.S. grain and soybeans futures fell Tuesday amid an improved crop outlook and pressure from outside markets. Soybeans led the declines, dropping sharply following better-than-expected crop condition ratings released in a weekly ...