2015

2014

SAUDI BANK IPO LEADS SURGE OF NEW SHARE ISSUES

SAUDI BANK IPO LEADS SURGE OF NEW SHARE ISSUES

Capital Markets | Middle East Equity
The Middle East is experiencing a boom in initial public offerings, following years of relative inactivity since the global financial crisis. The area’s IPO markets began to recover in the fourth quarter of last year, and new share issues are now coming at a fever pitch, despite falling oil prices that could threaten regional economies.

EMERGING MARKETS BRACE FOR FED TIGHTENING

EMERGING MARKETS BRACE FOR FED TIGHTENING

CAPITAL MARKETS | FOREIGN EXCHANGE
As the Federal Reserve winds down its bond-buying program and prepares to raise rates, analysts are debating the likelihood of a repeat of last year’s “taper tantrum”—when the mere hint of a gradual end to quantitative easing in the US caused huge disruptions to emerging markets (EMs).

WORLD’S BEST BANKS 2014

WORLD’S BEST BANKS 2014

Global Finance unveils its annual list of the  best banks globally, regionally and by country. The banking industry remains under stress, but there are bright spots.

GOLDMAN SACHS TO TAP GROWING ISLAMIC MARKET

GOLDMAN SACHS TO TAP GROWING ISLAMIC MARKET

CAPITAL MARKETS | ISLAMIC FINANCE
To diversify its sources of financing, Goldman Sachs plans to issue a benchmark Islamic bond, at a time when demand for sukuk is outrunning supply. Meanwhile, South Africa is planning its first sovereign sukuk, and the Egyptian government is working on a new sukuk law, following the military’s overthrow of Islamist president Mohamed Morsi last year.

SAUDI EXCHANGE OPENING WILL INCREASE RIYADH'S IMPORTANCE

CAPITAL MARKETS | MIDDLE EAST EQUITY
Riyadh, the Saudi capital, has already built a new financial district, named after King Abdullah, but its 42 new skyscrapers stand largely empty. That could change following the decision by the government in July to allow foreign financial institutions to invest directly in listed shares, starting in the first half of 2015.

INSURERS OFFER LONGEVITY HEDGES TO DE-RISK PLANS

INSURERS OFFER LONGEVITY HEDGES TO DE-RISK PLANS

MANAGEMENT | PENSIONS
As people live longer, many companies are discovering that they have to pay pension benefits to retirees for longer than they had expected. Insurance companies are stepping in with new products that can help take this “longevity risk” out of corporate defined-benefit pension plans.