According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.
The year 2016 is set to break a record for withdrawn global M&A deals, with regulators scotching several high-profile mergers.
Indonesia | Can the much-admired former Finance Minister of Indonesia, Sri Mulyani Indrawati, bring back the magic in her second tour in the post?
Bank of Tokyo-Mitsubishi UFJ is learning to speak Arabic.
Capital Markets | Banking Reform
More than one hundred million people, 2.5 billion transactions every month—and just 1% of payments made electronically.
Trends | Peru
There is no stopping Peru’s economy.
Trends | Movies
China’s richest man goes to Hollywood and buys it.
Management | Shareholder Activism
Activist investors are knocking more loudly at banks’ doors. According to Thomson Reuters data, in 2015, activists launched 97 campaigns aimed at the US financial sector, 22 of them targeting banks.
Capital Markets | Foreign Exchange
Locals as well as visitors to Zimbabwe will soon be able to walk into shops and pay for purchases in renminbi.
A new era kicked off on December 31, 2015, for the 10 countries that are part of the Association of Southeast Asian Nations: The alliance launched the Asean Economic Community (AEC), a trade bloc aimed at creating a unified, cross-border market where labor, services and capital can flow without restrictions.
When, on March 18, longtime Canadian Finance minister Jim Flaherty unexpectedly announced his resignation, few were perhaps more surprised than his soon-to-be successor, Joe Oliver, the 73-year-old minister of Natural Resources.
MILESTONES By Luca Ventura The oldest multinational in the world is about to get a substantial makeover. The news came on February 24th, when its CEO, Jorge Mario Bergoglio, also known as pope Francis, issued a Motu Proprio, ...
MILESTONES By Luca Ventura The announcement came early in November. Expressing the intention to break the monopoly of the Big Three in the financial ratings industry, credit ratings organizations from five countries proclaimed the launch of ARC Ratings, ...
When Apple announced back in October that it had hired Burberry CEO Angela Ahrendts to lead its retail operations, the initial shock among analysts and investors wore off quickly. Though it was a surprise move, it made perfect sense.
MILESTONES By Luca Ventura With a fifth of the world’s population but only 9% of its land, China in recent years has aggressively upped its agricultural investments abroad, amassing over 2 million hectares of emerging markets farmland in Africa, Southeast ...
NEWSMAKERS By Luca Ventura Lazar Krstić has a daunting task ahead: saving Serbia from a debt crisis. A Yale graduate with no party affiliations or political experience, the 30-year-old McKinsey associate is expected to consolidate public finances and ...
MILESTONES By Luca Ventura “Implementation has been unsatisfactory in almost all areas; growth and debt sustainability assumptions continue to be over-optimistic.” It is with these incendiary comments about Greece that Paulo Nogueira Batista, the representative of Brazil and ...
NEWSMAKERS: US By Luca Ventura When AG Lafley handpicked Robert McDonald as his successor to the top post at Procter & Gamble in 2009, he could not have predicted that just four years later he would be called ...
NEWSMAKERS: SPAIN By Luca Ventura Appointed as chief executive of Santander in 2002, Alfredo Sáenz took less than a decade to turn the Spanish domestic lender into a multinational giant with operations in 40 countries. New CEO Marín kept a ...
NEWSMAKERS: CHINA By Luca Ventura As China’s economy faces its slowest growth in more than a decade, the focus turns to the new Finance minister, Lou Jiwei. Lou, 63, has arguably the highest international profile among prime minister ...