2010

Features: Focus: Global Custody

Settling Up

Europe’s exchanges are working hard to reduce the complexity of clearing and settlement across the region.

By Anita Hawser

Foucus_1 Any custodian doing business inEurope is used to dealing with “spaghetti”—not the variety of Italian pasta but ...

Newsmakers: Poor Compliance Sows Seeds Of Next Financial Meltdown

Global

By Anita Hawser

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Johns: Compliance is key to avoiding another crash

Senior banking and compliance officers surveyed by compliance solutions provider Complinet are already talking about the next financial crisis, which they believe will happen within the next four-and-a-half ...

Cover Story: When Two Worlds Collide

ISLAMIC FINANCING

Islamic finance is set to become one of the defining phenomena of the coming decade. Some are concerned, though, that the surge of growth may compromise the strict principles on which it is founded.

By Anita Hawser

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Ted ...

2009

Technology: Cloud Computing

CLOUD COMPUTING

Businesses looking for cost-effective data and IT infrastructure solutions are increasingly finding the answer is in the cloud.

by Anita Hawser

CLOUD_03 History is littered with examples of technologies that were hyped by analysts, but when it came to ...

Cover Story: Africa Leads The Way To A New Era


EMERGING MARKETS FOCUS: AFRICA

Africa’s economic development will be fueled more by its relationships with other emerging markets than with historical partners in the West.


By Anita Hawser

Coverstory_Africa-Leads-way-01 For hundreds of years Africa has represented a land of opportunity ...

Cover Story: Greening The Supply Chain

Sustainable Procurement

Rising transportation costs and impending rules on carbon emissions are prompting companies to reassess their sourcing strategies. Many are realizing substantial savings in the process.

By Anita Hawser

cover_01b When London was awarded the 2012 Olympic Games, politicians and ...

FX Supplement: Spreading The Word

Spread Betting


Spread betting is becoming an increasingly popular form of FX trading. Its proponents are hoping it will grow as a risk management tool, too.


By Anita Hawser

Its initial popularity—and notoriety—may have been among sports gamblers ...

Milestones: Global Currency Could Smooth Out Volatility

Global

Anita Hawser

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Hillier-Brook: Currency already has potential users

The campaign to depose the dollar as the global reserve currency has grown significantly stronger with the publication of a United Nations Conference on Trade and Development (UNCTAD) report outlining the ...

Features : Central Banker Report Cards 2009

During one of the toughest years on record, the world’s central bankers were tested as never before.

Contributors: Gordon Platt, Antonio Guerrero, Anita Hawser and Dan Keeler

It is clear that 2009 is not a year on which the ...

TCM Guide: E-invoicing

PAPERLESS PAYMENTS TAKE OFF

Paperless invoicing is gaining popularity as efforts to create standardized processes gather momentum.

By Anita Hawser

Electronic invoicing (e-invoicing) may have gone through peaks and troughs over the past decade or so when it comes to ...

Milestones: When Will Recovery Come?

GLOBAL

By Anita Hawser

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Shut down: Many businesses are still pessimistic

Banks’ investment banking businesses are making money again and the better-than-expected US non-farm payrolls in July took the markets by surprise. But questions remain over whether the recession is ...

Milestones: Uk Tops Foreign Direct Investment League Table

United Kingdom

By Anita Hawser

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London calling: Investors’ faith in the UK is growing

The largest investor in the UK remained the United States, which increased its investment by 30% on 2007-2008 levels. The US accounted for more than 35 ...

Best Supply Chain Finance Providers

Supply Chain Finance In Growing Demand


The credit crunch has demonstrated which banks are truly committed to developing supply chain finance solutions.

By Anita Hawser

Few market segments within financial services have emerged unscathed from the recent credit crisis, and ...

Newsmakers: Stimulus Packages Present Rich Pickings For Fraudsters

GLOBAL

By Anita Hawser


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Abbey: Massive investment leaves door open for fraud

With governments around the world doling out billions in stimulus packages or infrastructure projects to help revive flagging economies in the wake of the subprime crisis, many fraudsters ...

Regulars : Newsmakers : United States

China and Brazil appear to be joining forces in an attempt to unseat the dollar as the de facto global reserve currency.

By Anitar Hawser

09June_04_01 According to Brazil’s central bank, the two countries are actively discussing trading with each ...

Regulars : Milestones : Global


Before the credit crunch took a massive bite out of global economic activity, oil prices were heading skyward, and fears that supplies might actually run out were rampant.

By Anita Hawser

09June_08_02 Although the subsequent economic malaise sent energy prices tumbling ...

Regulars : Newsmakers : United Kingdom

While the economic crisis has demonstrated the shortcomings of “light-touch” regulation—leaving the market to virtually regulate itself—banks remain unconvinced about the benefits of a single global regulator.

By Anita Hawser

09June_06_02 While the economic crisis has demonstrated the shortcomings ...

Features : Future Imperfect

Swooning equity markets have added to the troubles facing many corporate pension plans and will only accelerate the move to defined contribution plans.


By Anita Hawser

09June_62_01

For some time now observers have been warning of a looming pension crisis as ...

Features: Cash Is King Again

The credit crunch made life more difficult for corporate treasurers in many ways—not least in managing their relationships with their cash management banking partners.

By Anita Hawser

09June_37_01

Over the past 12 months the European cash management sector has undergone ...

Milestones : Countries count cost of credit crisis

Regular_Milestones_3 It’s not just companies that are caught in the fallout from the credit crunch; countries are suffering, too. In the latest assessment from risk analysis firm Coface, 47 countries—including the US, the UK, Japan and Germany—have seen ...

Features : Financial Giants Face A Mighty Challenge

ANALYSIS
FINANCIAL CENTERS

Established financial centers are seeing their dominance challenged in the aftermath of the credit crunch.

BY ANITA HAWSER


Feature_Financialcenter1 In early April, as leaders from the Group of 20 countries gathered with the expectation that they would usher ...

Features: Local Heroes

TREASURY & CASH MANAGEMENT ASIA REGIONAL REPORT


Many businesses in Asia were well prepared for the credit crunch, having learned some important lessons in previous regional crises.

By Anita Hawser


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As the subprime crisis rocked the foundations of the West’s ...

Milestones : Governments Transform M&A Landscape

EUROPE

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PwC's Nick Page.

The cross-border M&A; activity that has characterized financial services for the past few years has virtually ground to a halt as increasing government involvement radically reshapes the market. Nick Page, partner, PricewaterhouseCoopers, says M ...

Emerging Markets : Governments transform M&A landscape


EUROPE

The cross-border M&A; activity that has characterized financial services for the past few years has virtually ground to a halt as increasing government involvement radically reshapes the market.


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PwC's Nick Page

Nick Page, partner, PricewaterhouseCoopers, says M ...

Features : Desperate Measures

SPOTLIGHT

CORPORATE FRAUD

Crumbling asset values and wild volatility have left a trail of disaster in their wake. They also exposed some truly shocking frauds.

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Abbey: “If something sounds too good to be true, it probably is”

In the words ...

Features : Back To Basics

SECTOR REPORT
SOVEREIGN WEALTH FUNDS

A series of disastrous investments in Western banks and mounting pressure to invest locally is prompting a sea change in sovereign wealth funds’ investment attitudes.

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Dickinson: Some SWFs are facing pressure to diversify their investments ...

Newsmakers : Economic Gloom Hits Business Confidence

UNITED STATES

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As the credit crisis deepens and government measures to kick-start bank lending fall short of the mark, the mood among company CEOs, particularly those with operations in Europe and Asia, is beginning to darken. These are the latest ...

Newsmakers : Credit Crunch May Be A Myth

United States


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Marenzi: Interbank lending assertions are puzzling.

A chorus of dissenting voices has emerged that is challenging the widely held belief that interbank lending markets have dried up, commercial lending is being curtailed, and non-financial commercial paper markets have ...

Cover Story: The price for protection

THE NEW PROTECTIONISTS


As countries seek to safeguard their economies from the effects of the global downturn, they risk being accused of protectionism. The fall-out could be ugly.

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When US president-elect Barack Obama sailed to victory in the November US ...

2008

Features : Best Laid Plans

MIDDLE EAST


Determined to avoid repeating past mistakes, oil-rich nations in the Middle East have worked hard to diversify their economies. So far they have fared well, but pitfalls remain.

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Oil is integral to the Middle East's economic fortunes ...

Features : Breaking Up Or Breaking Down?

THE DECOUPLING DEBATE


Proponents of the theory that emerging markets are decoupling from the West’s economies have had a tough year. Their vision may yet be coming true, though.

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If the United States sneezes, the rest of the world ...

Newsmakers : Regulators Focus On Liquidity Risk

GLOBAL


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McDowall: A more forensic approach to risk is needed.

Regulators across the world may soon be pooling information in an attempt to police global banks’ liquidity risk. Managing liquidity risk, which was not high up on the regulatory or ...

Newsmakers : Firms Hoard Cash As Crisis Deepens

GLOBAL


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More companies are tightening the screws on customer credit in the wake of the crunch.

As the credit crunch continues to wreak havoc in the corporate and financial worlds and shows clear signs of seeping into the real economy ...

Features : Banking On Innovation

BANKING ON INNOVATION
SYSTEMIC RISK

Businesses are finding imaginative ways to circumvent the credit crunch. The solutions they adopt now could have profound implications for their future operations.


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For months this year, pessimists had been predicting a global financial meltdown ...

Newsmakers : Gf Survey Finds Companies Crimping Credit

GLOBAL

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Crunching the numbers: Businesses are preparing themselves for difficult times ahead.

Much of the coverage on the credit crunch has focused on the impact it is having on banks and capital markets, but in a series of surveys conducted ...

Features : Islamic Finance

BACK TO BASICS
ISLAMIC FINANCING

The core ethical principles of Islamic finance have protected the industry from the worst effects of the credit crunch.



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A customer makes a transaction at Emirates Bank in Dubai.

One segment of the financial markets ...

Newsmakers : Emerging Markets Face Savage Reversal Of Funds Flows

GLOBAL

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Capon: Asia's funds are drying up fast.

The credit crunch has shattered a lot of illusions about the soundness of the global financial system, and another theory that has been challenged is that of “decoupling,” whereby emerging markets ...

Features : The Threat From Within

AFRICAN INFRASTRUCTURE FINANCE


Despite the increasingly sophisticated solutions deployed to prevent it, rogue trading is still a serious problem in the banking industry.

features-f1 Every year banks spend billions deploying sophisticated filtering and electronic “perimeter fence” technologies to try to maintain ...

Newsmakers : Global Leaders Paint Bleak Picture

AUSTRIA


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Citi's Rhodes: Current crisis is the US' biggest challenge in recent history.

With Bank of America buying Merrill Lynch and Lehman’s filing for bankruptcy, the global credit crunch is clearly far from over. In fact, a panel ...

Features : World's Best Banks 2008

ANNUAL SURVEY / WORLD’S BEST BANKS 2008

features-g2 Now more than ever, the world’s best banks deserve recognition for continuing to provide excellent products and high levels of service to their clients, despite the distractions of the global credit crunch ...

Features : Risky Business

CORPORATE TOOLBOX / POLITICAL RISK

In recent years, political risks facing multinationals have grown more significant. Corporations are far from blameless in creating that risk, though.


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Heightened tensions: Multinationals in countries such as Venezuela face growing risks.

With oil prices continuing ...

TCM Guide : Treasury & Cash Management Guide 2008

tcm_intro The old adage, “Cash is king,” has rarely been more true. As banks reassess their credit relationships with corporate customers, with a view to maintaining those relationships that are more profitable and less risky, corporates, particularly those in tiers 2 ...

TCM Guide : Paper Cuts

ELECTRONIC INVOICING

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Watkinson: RBS has created an open e-invoicing solution in an attempt to make it user-friendly for customers.

At the height of the dot-com boom, anyone attending the multitude of technology summits touting the next big “disruptive technology” would ...

TCM Guide : "Who’s Who" In Treasury And Cash Management

TREASURY & CASH MANAGEMENT 2008

tcm01 Robert Allen
Group Treasurer
British American Tobacco
Robert Allen, appointed group treasurer effective this past June, replaces David Swann, who has now retired. Based in London, Allen works with a team of 20 professionals across the ...

Milestones : Financiers Expect More Banks To Fail

GLOBAL


Almost a year into the credit crunch, it appears that there are still widespread market fears of another financial firm going under. And it seems that the next six months are crucial in terms of whether those fears will ...