Vatican | Newsmakers
René Brülhart, known as the “James Bond of the financial world” for his high-profile role in cases such as the return of assets from Saddam Hussein to post-war Iraq and the uncovering of the Siemens bribery scandal, has become chairman of the Vatican’s anti-money-laundering unit.
Global Finance sat down with Brian Loughman, Fraud Investigation & Dispute Services (FIDS) Leader, EY Americas (formerly Ernst & Young), to discuss how greater regulation and increased efforts by countries to fight fraud are leading to greater demand for services by corporations around the world.
GCC REGIONAL SUPERSECTION 2014 | INNOVATION
Attempts to drive innovation in the Gulf are still at an early stage. But as countries increase R&D spending, the results could have a huge impact on non-oil growth.
We sat down with Fergus McCormick, head of sovereign ratings at DBRS, to discuss the rating agency’s outlook for global markets, sovereign ratings and how the firm differs from its competitors.
Conservative Varela surprises with progressive social agenda.
Do you remember the 2007-2008 financial crisis? Its daunting impact on the world economy is finally fading away and the US Federal Reserve Board is slowly moving to a less expansionary monetary policy, but the debate on its causes and, more important, on what is needed to prevent similar episodes from happening again is still very much alive.
Despite a pause in February, when the number of share purchase authorizations declined by 32% over the same period a year ago, share buybacks are still very popular on Wall Street.
In the summer of 2012, when the eurozone crisis was breaking bad and Spanish banks were heavily hit by the burst of a real estate bubble, Europe set up a mega-loan to the Spanish government to help out its most-in-need financial institutions.
MIDDLE EAST 2014 SUPPLEMENT By Tiziana Barghini Stock markets in GCC countries, in particular Dubai and Abu Dhabi, have capitalized on the political and economic uncertainty that continues to pervade other Middle Eastern markets more than three years on from ...
Bernanke: The Visible Hand For Ben Bernanke, a rocky eight-year tenure as chairman of the Federal Reserve Board is ending on a good note. The U.S. economy, teetering on the brink in the wake of the financial crisis that erupted ...
For Pemex, a crude awakening A steady, year-long stream of institutional and economic reforms in Mexico is about to end with a gusher: For the first time in 75 years, foreign energy companies will almost certainly be allowed to pump ...
Saddled with debt of $70 billion, Puerto Rico’s government is doing its best to reassure US investors that it will honor its financial commitments and that its beleaguered finances will be remedied.