2008

Features : No Alternative

SECTOR REPORT / GLOBAL CUSTODY As their clients seek ever-greater returns on their investments, global custodians are finding themselves having to expand into some unfamiliar territory.     Consolidation has been a recurring theme in custody for more than a ...

Features : Miners Going Major

ANALYSIS - MINING The world’s biggest mining companies look set to continue growing sharply as competition for resources continues to intensify.       In the closing months of 2007, as investors fled equities and piled into commodities like gold ...

Features: Joining The Chain Gang

CORPORATE TOOLBOX At the Sibos international banking conference in Atlanta in 2004, David Taggart, the treasurer of one of the world's most recognizable brand names, Coca-Cola, made a direct plea to the banks to deliver greater efficiencies to corporates' supply ...

Cover Story: Asia's big year

  Asia’s most dynamic economies are amassing huge cash fortunes that they can then wield to increase their power around the world. Will 2008 be the year when we t ruly see the balance of global power shift to the ...

2007

Features : The Wild East

RUSSIA Russia’s greatest strength could also turn out to be its biggest weakness.   Skyscrapers go up as some of Russia’s surplus is invested in infrastructure projects Oil has been kind to Russia. In the past few years, as world ...

Milestones : Integration Helps Firms Avert Risk

GLOBAL     Firms are unprepared for risks such as terrorist attacks Major companies are still struggling to come to grips with risk management, despite recent high-profile events such as the September 11 attacks, the London bombings, the threat of ...

Features : Clear Path

SECTOR REPORT / TREASURY & CASH MANAGEMENT Large corporations are leaping at the chance to connect directly to the banks’ financial messaging network. Some of the banks are not so keen, though. Afew years ago, many companies had probably never ...

Features : World’s Best Banks

ANNUAL SURVEY / WORLD’S BEST BANKS At a time when the world economic outlook is more uncertain than it has been in years, the banking industry finds itself at the vortex of a financial market storm that originated in subprime ...

Features : Balancing Act

COUNTRY REPORT / BRAZIL     Buffeted by the shockwaves from the US subprime mortgage crisis, Brazil has to steer a steady course if it is to keep its economic development on track.     Buffeted by the shockwaves from ...

Features : Central Banker Report Cards 2007

ANNUAL SURVEY / CENTRAL BANKER REPORT CARDS Individually, many of the world’s leading central bankers seemed to be in disarray after the subprime debacle began to unfold in mid-2007. As a group, though, they acted with remarkably unity. The central ...

TCM Guide 2007 : Identity Solution

CORPORATE ID MANAGEMENT As corporate treasury systems become increasingly automated, businesses and their banking partners are devising innovative techniques to ensure only authorized personnel can make payments.   Wendel: In approximately 25% of cases, account signatories are wrong. Hans-Maarten van ...

Cover Story : Living On The Edge

CENTRAL AND EASTERN EUROPE   The EU’s newest members struggle to balance growth with stability.   Prague's stock exchange is one of many in the region that are attracting foreign investors. Despite recent political maneuverings by Russian president Vladimir Putin, ...

Milestones : London Takes The Lead For Commerce

Global     London: The "epicenter of world commerce" London is perhaps best known for major tourist attractions such as Buckingham Palace, Tower Bridge and Madame Tussaud’s, but now it has a new moniker as the epicenter of commerce globally, ...

Newsmakers : Corporate Fraud On The Rise Despite Sox

United states     Patrick Taylor: No "perfect solution" for fraud prevention Five years ago, in the wake of the Enron and WorldCom scandals, Sarbanes-Oxley (SOX) was enacted to prevent financial fraud. However, a recent survey of more than 80 ...

Features : Change Agents

CUSTODY & INVESTORS’ SERVICES Over the past three decades, the global custody and investors’ services industry has facilitated some of the most dramatic and far-reaching changes in the global financial services landscape. More than 30 years ago Chase Manhattan bank ...

Features : Open Access

FOCUS / TREASURY MANAGEMENT   On-demand software services are making increasingly sophisticated treasury management systems available to a much wider range of companies.     Atypical day in the life of a corporate treasurer entails managing the company’s cash, ensuring ...

Newsmakers : Mergers And Acquisitions: A Dangerous Game

EUROPE Derain: Accuracy is the secret With the pace of corporate M&A; showing no signs of abating, a study of more than 200 European deals in the past two years indicates that few mergers—just 9%, in fact—are deemed to be ...

Features : Bruised But Not Beaten

UKRAINE Amid the growing political turmoil in Ukraine, the country’s economy is proving remarkably resilient. When thousands of protesters took to the streets of Kiev, the Ukrainian capital, at the end of March, to outside observers it must have felt ...

Cover Story : Rising Stars

EM SPOTLIGHT - ASIA Dream town: The futuristic city of Shanghai symbolizes Chinas economic resurgence Throughout the 1980s and 1990s, foreign investors looked to the East for investment and higher growth opportunities. East Asia did not disappoint, with GDP in ...

Milestones : Exchange Chalks Up First Chinese Listing

GERMANY/CHINA Deutsche Börse Although shares in Chinese companies have been traded on the Börse before, this is the first time a Chinese company has listed on the Frankfurt exchange. Historically, most Asian companies sought listings on US exchanges, but for ...

Features : Best developed market banks

Global Finance unveils its annual list of the best banks in developed markets around the world The past year has been one of staggering growth for the world’s top developed market banks. And while profits and revenues are breaking records, ...

Features : Walking A Tightrope

COUNTRY REPORT / THE PHILIPPINES Shrugging off political uncertainty and a rising currency, the Philippine economy is enjoying steady growth. Plenty of pitfalls remain, however. Arroyo: Under pressure Philippine politics is rarely dull, and 2007 is likely to be no ...

Features : Breaking Out

FOCUS / INDIA INC. India’s biggest corporations are spreading their wings and becoming truly global organizations. Mittal Grandeur promises to be Mumbai's newest landmark. It is being built on the grounds of Taraporevala Mansion, a heritage structure. When he was ...

Newsmakers : New Book Sheds Light On Chinese Banking Industry

CHINA Kuhn: China welcomes scrutiny China has long attracted Western investors with its promise of newfound riches and a recently liberalized economy seeking foreign know-how and investment. Yet anyone who has done business in the country knows that, despite WTO ...

Newsmakers : Belarus Outlines Privatization Plans

BELARUS Nanda: Controlling spread of AIDS makes good business sense As relations continue to sour between Belarus and Russia, Belarus’s government has revealed that it wants to reduce its economic dependency on its closest neighbor. In a move that analysts ...