2013

Payment Instruments: Checks

According to the Bank for International Settlements, a check is a written order from one party (the drawer) to another (the drawee, normally a bank) requiring the drawee to pay a specified sum on demand to the drawer or to ...

Payments Volumes Worldwide

According to the Bank for International Settlements (BIS), a payment system consists of a set of instruments, banking procedures and, typically, interbank funds transfer systems that ensure the circulation of money. More simply, it is a system to handle the ...

Best Countries for Doing Business 2015

The ease with which companies can start and run their businesses correlates with countries’ regulations and protection of property rights, according to the World Bank’s Doing Business 2013 report. In 2013 like in 2012, Singapore ranks first for the ease ...

Foreign Direct Investments by Country and Region

Foreign direct investment (FDI) is a lasting investment into a country by an investor located in a different country. There are two types of FDI: inward and outward foreign direct investments. They result in a net FDI inflow, which can ...

Mergers & Acquisitions – Top Financial Advisers 2012

Financial advisers are often key players in merger and acquisition deals, and, working alongside interested companies, they reap great profits from them. According to Thompson Reuters, in 2012 Goldman Sachs dominated this sector, coming in as the top investment bank ...

International Reserves of Countries Worldwide

International reserves are a country’s “external assets”—including foreign currency deposits and bonds held by central banks and monetary authorities, gold and SDRs. The top 10 holders of international reserves account for nearly two-thirds of the world’s total foreign currency reserves. ...

2012

Transaction Processing Awards Ceremony

WORLD’S BEST TRANSACTION PROCESSING PROVIDERS 2012   LOCATION OSAKA, JAPAN   Global Finance held its Transaction Processing awards ceremony in Osaka in October, during the annual Sibos technology conference. Financial and service leaders from around the world were present to ...

Trade Flows Little-Affected By Japan-China Dispute

Trade flows between China and Japan have not—yet—been materially affected by an ongoing territorial dispute, according to Sibos attendees. John Ahearn, global head of trade at Citi Transaction Services, said in an interview with Global Finance: “It is just saber-rattling. ...

SIBOS 2012

SWIFT AND EFFICIENT   By Denise Bedell   More companies than ever are now connecting directly to their banks and counterparties via the global SWIFT messaging system—970 corporates worldwide, at last count.   That figure may seem small, but these ...

Treasury & Cash Management Supplement

RISK CONVERGENCE   Unsurprisingly, risk is a key theme for our Seventh Annual Treasury & Cash Management supplement.   'Hurry up and wait' has been the prevailing message from global markets, and treasurers are responding in myriad ways to the ...

Cross-border M&A Deals Over US$3 Billion - 2011

Cross-border M&A deals involve companies based in two different countries. According to Thompson Reuters, these transactions had a worldwide value of US$908.4 billion in 2011 and comprised 35.3% of overall M&A activity . This means that they stayed flat compared ...

Global Broadband Penetration Rates

Global Broadband Penetration Rates

According to the OECD, broadband penetration is measured by the number of broadband subscribers per 100 inhabitants. Broadband connections comprise both fixed and wireless services offering connectivity with download speeds greater than 256kbit/seconds. Fixed services include DSL, Cable and Fibre. ...

Income Inequality and Wealth Distribution by Country

Income inequality and wealth distribution are two different concepts, in that income inequality focuses exclusively on the income side of the equation while wealth distribution looks at how the ownership of assets in a given society is shared among its ...

Regional Focus: Southeast Asia

ASIAN PEARLS   By Denise Bedell   Three pearls of Southeast Asia are beginning to glow with their own unique luminescence. Malaysia, Thailand and the Philippines are increasingly on the radar of international investors and corporations.   Red Hook, Brooklyn, ...

Roundtable: Philippines

UPWARD TRAJECTORY   Moderated By Denise Bedell   At a roundtable in Makati City, Manila, Global Finance brought together key banking and corporate figures in the Philippines to discuss how they are responding to the challenges they face in attracting ...

TCM Focus: Corporate Payments

CARD TRICKS   By Denise Bedell   Advanced card solutions are helping companies extend working capital cycles while improving suppliers' cash flow.   The drive to automate payments has been a long-term trend, pushed further by the global financial crisis ...

2011

Asian Infrastructure Finance Gets International Boost

MILESTONES: ASIA   by Denise Bedell   Charged up: Investment should enhance power grid Vietnam’s National Power Transmission Corporation (NPT) has launched a $200 million, 13-year infrastructure finance facility that demonstrates the growing enthusiasm among international investors for financing Asian ...

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 ...

Analysis: Latin America Goes To Market

ANALYSIS: LATIN AMERICAN DEBT   By Denise Bedell   Latin America’s corporations are accessing both domestic and international debt capital markets as never before, and investors are happy to fund growth in the region.   Last year was a significant ...

US: Cash-Poor States Eye Corporate Tax Hikes

MILESTONES: UNITED STATES   By Denise Bedell   As budget season for US State and municipal authorities pushes into high gear, and as hedge funds and money managers begin touting the potential value of distressed municipal bonds,US-based corporations may find themselves ...

Social Change

TECHNOLOGY: BUSINESS INTELLIGENCE   By Denise Bedell   Mobile and social networking technologies are helping bring heavy-duty analytical capabilities to every level of a business.   Anyone who thought social networking was useful only for catching up with old school ...

Focus: Mobile Banking

MOBILE BANKING: CUTTING THE TIES THAT BIND   By Denise Bedell   Mobile technology could forever change the way that companies manage their physical and financial supply chains.   After years in development, mobile technology may be finally closing the ...

FX: Dollar Still Main Reserve Currency

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Denise Bedell   Contrary to some analysts' expectations, developing countries continue to view the US dollar as the reserve currency of choice, as evidenced by newly allocated official reserves of developing countries—even in ...

China: China Passes US In CleanTech Spend

MILESTONES: CHINA   By Denise Bedell   High energy: Government targets boost windpower With strong government backing and clear goals for increased capacity development, China is fast surpassing its counterparts in the West, including the US and Germany, in building ...

2010

Rise Of Integrated Expense Management

TOOLBOX: CORPORATE CREDIT CARDS   By Denise Bedell   Businesses discover the benefits of linking corporate card programs with other parts of the physical and financial supply chain.   As automated expense management solutions become ever more integrated with other ...

Canada: Potash Snub Stirs Protectionist Fears

MILESTONES: CANADA   By Denise Bedell   Harper: Potash decision prompts concerns When Canada's government blocked Australian mining firm BHP Billiton's $39 billion bid for fertilizer giant Potash of Saskatchewan, it did more than put a dent in the Canadian ...