2011

LSE’s Rolet Between A Rock And A Hard Place

NEWSMAKERS: UNITED KINGDOM   By Anita Hawser   Xavier Rolet, the London Stock Exchange’s CEO, must have breathed a sigh of relief when the European Commission announced in early August that it would investigate the proposed merger between Deutsche Börse ...

Awards: Best In Supply Chain Finance

ANNUAL SURVEY: SUPPORTING ROLE   By Anita Hawser   Banks and nonbanks are driving steady growth in both the volume and the sophistication of supply chain finance.   The global financial crisis provided a “light bulb” moment for many buyers ...

Technology And Treasury Management

A TREASURER’S BEST FRIEND   With cash visibility and control more important than ever, and with risk management becoming an increasing part of the corporate treasurer’s job, technology is playing an ever more pivotal role. As its sophistication grows, treasury ...

Fast Favorites

SPOTLIGHT: FOREIGN EXCHANGE TRADING   By Anita Hawser   Technology is enabling faster and more-flexible trading in foreign exchange—and helping drive the rapid rise in daily trading volume.   Erik Lehtis, president of Chicago-based Dynamic FX Consulting, has experienced firsthand ...

US Finance Industry Assess Galleon Ruling

MILESTONES: UNITED STATES   By Anita Hawser   It may have taken only 12 days of deliberations for the jury in the Galleon trial to convict Raj Rajaratnam, the co-founder of Galleon Group, of 14 counts of securities fraud, but ...

FSA Plans To Go Out With A Bang

MILESTONES: UNITED KINGDOM   By Anita Hawser   Before the 2008 financial crisis ripped through the world’s markets, the UK’s Financial Services Authority was renowned for its light-touch approach to regulation.   Davies, RPC: Big jump in FSA fines In ...

Bernanke Heralds A New Era Of Fed Openness

NEWSMAKERS: UNITED STATES   By Anita Hawser   With the US economy still in recovery mode, monetary policy decisions of the Federal Reserve can have a major impact on which way the markets move.   Bernanke opens up But now, ...

Portugal’s Leaders Left With Few Option

MILESTONES : PORTUGAL   By Anita Hawser   Sovereign debt in the eurozone is back in the headlines again, with Portugal going cap in hand to the European Union and asking for an emergency bailout.   Debt burden leaves little ...

The World's Best Banks 2011

ANNUAL SURVEY: THE WORLD’S BEST BANKS 2011   By Gordon Platt, Antonio Guerrero, Anita Hawser and Denise Bedell   Growth Returns But Questions Linger For Banks   Banking systems in Asia and Latin America were among the first to recover ...

DR News: Bumper Year Ahead For Asian DRs

EMERGING MARKETS INVESTOR: DR NEWS   By Anita Hawser   A Korean flour and feeds mill company, DongA One, selected BNY Mellon as its depositary bank for its ADR program.   Each ADR issued represents two common shares of the ...

EM: Turmoil May Change Sovereign Fund Strategy

EMERGING MARKETS INVESTOR: NEWS   By Anita Hawser   The investment activities of sovereign wealth funds in some of the oil-rich countries in the Middle East and North Africa are being scrutinized with increasing interest by investors as political unrest ...

Go With The Flow

CORPORATE TOOLBOX: LIQUIDITY MANAGEMENT   By Anita Hawser   Banks are offering increasingly innovative products to help companies make the most of their internal liquidity.   It might be hard to picture now, but just five years ago credit was ...

Company To Watch: Fatima Fertilizer

EMERGING MARKETS INVESTOR: COMPANY TO WATCH   By Anita Hawser   Headquartered in Lahore, Fatima Fertilizer, which provides nitric acid, ammonia and other fertilizer and chemicals products, was born out of the Pakistan government’s 2001 Fertilizer Policy, which aims to ...

Take Cover

INSURANCE: POLITICAL RISK COVER   By Anita Hawser   Recent events in the Middle East and North Africa have brought political risk into sharp focus for multinationals in the region and beyond.   It was the morning after the Japanese ...

Emerging Markets Roundup: Middle East

ROUNDUP: MIDDLE EAST   By Anita Hawser   In the wake of the political and social unrest that has been sweeping across the Middle East following the downfall of the Tunisian and Egyptian leaders, ratings agencies are preparing to issue ...

EM: Bovespa Eyes Other BRIC Markets

EMERGING MARKETS INVESTOR: NEWS   By Anita Hawser   As the world’s key stock exchanges engage in a flurry of mergers aimed at cutting costs and boosting efficiency, Brazil’s BM&F; Bovespa—the fourth largest exchange operator in the world—is looking to ...

Company To Watch: Industrias Bachoco / Mexico

INDUSTRIAS BACHOCO: POULTRY PRODUCER OFFERS PROTECTION IN TROUBLED MARKET   By Anita Hawser   In times of uncertainty investors often turn to so-called defensive stocks, and Mexico poultry producer Industrias Bachoco is certainly that.   Despite other problems that may ...

Global: Pushing For Mainstream Sustainability Reporting

NEWSMAKERS: GLOBAL   By Anita Hawser   Ligteringen: “Measure what you need to manage” “We are urging all companies to look systematically at their environmental,social and economic results,” says Ernst Ligteringen, CEO of the Global Reporting Initiative (GRI), which provides ...

DRs: Chinese Firms Believe In US IPO Market

EMERGING MARKETS INVESTOR: DR NEWS   By Anita Hawser   The wave of Chinese companies opting to list on American exchanges continues with a China-based manufacturer of rare-earth coated and prestressed building materials for roads and bridges issuing five million ...

Sector Report: Islamic Finance

  ISLAMIC FINANCE: ISLAMIC BANKING BY THE BOOK   By Anita Hawser   The growing popularity of Islamic financing and an intensified focus on risk management in the global banking industry are prompting greater awareness of the need for a ...

EM News: Equity Markets To See More Growth

EMERGING MARKETS INVESTOR: NEWS   By Anita Hawser   Emerging market equities look set to enjoy another strong year in 2011 on the back of robust economic growth fueled by domestic consumption and a recovery in exports.   "Emerging equities are ...

Update: Custody and Investor Services

  CUSTODY & INVESTOR SERVICES: IN SAFE HANDS   By Anita Hawser   Custodians have seen their role expand as a result of recent regulatory and market-driven changes.   In the wake of Lehman's collapse, Bernie Madoff's $50 billion Ponzi ...

Corporate Toolbox: Cyber Security

  CYBERSECURITY: HIDDEN THREAT   By Anita Hawser   Recent increases in cyberattacks have raised alarming questions over corporate network security.   In February 2010 the Kneber botnet virus infected more than 70,000 computers globally, including some at US government ...

US: Treasurers Oppose Tighter Rules On MMFs

NEWSMAKERS: UNITED STATES   By Anita Hawser   Proprietary trading by banks and OTC derivatives has come under increased regulatory scrutiny following the 2008 subprime crisis, but, to the surprise of many, regulators are also fixing their gaze on money ...

UK: Businesses Brace For Bribery Crackdown

NEWSMAKERS: UK   By Anita Awser   High risk: UK bribery law will affect companies worldwide In a sign that regulators are clamping down on bribery and corruption in international business, from April 2011 the UK will implement what legal ...

SEPA Update: Slow Progress

UPDATE: SEPA   By Anita Hawser   Proponents of the Single Euro Payments Area are considering stringent measures to encourage companies to hop on board.   As eurozone countries busy themselves implementing liquidity measures designed to calm market fears about ...

2010

Emerging Markets Focus: Asia

COVER STORY: IN THE DRIVER'S SEAT   By Anita Hawser   Emerging Asia has consolidated its role as the most powerful engine of global economic recovery—but threats to the region's growing prosperity remain.   The first thing British prime minister ...

Global: Basel III Debate Over Trade Finance

NEWSMAKERS: GLOBAL   By Anita Hawser   Nivison: Trade is different When the new Basel III capital adequacy proposals were announced back in the summer, some members of the banking community breathed a sigh of relief as the timeline for ...

Standard Bearers

SECTOR FOCUS — ISLAMIC FINANCIAL SERVICES   By Anita Hawser   Calls for standardized regulation of Islamic financial services are growing louder in the wake of the global financial crisis.   Islamic banks emerged from the recent financial crisis with ...

SIBOS 2010

With thousands of banks and a growing number of corporations attending each year, the Brussels-based international banking network SWIFT's annual Sibos conference has become a crucial forum for debates in transaction banking. This year's conference, to be held in Amsterdam, ...