2013

2012

Safe Bet In Visa CEO Transition Could Backfire

NEWSMAKERS: US   By Valentina Pasquali   With electronic payments gaining favor among consumers, credit-card giant Visa is enjoying high profits and a positive outlook for long-term growth.   It is no surprise, then, that the world’s largest payments network ...

Ford Grooms CEO Successor

NEWSMAKERS: US   By Valentina Pasquali   Ford Motor Company recently unveiled a two-year succession plan geared toward a full management reshuffle by 2014. The centerpiece of this arrangement was the appointment of Mark Fields as chief operating officer, effective from ...

Hailemariam To Lead Ethiopia’s Transformation

NEWSMAKERS: ETHIOPIA   By Valentina Pasquali   Plagued by corruption and emerging from three decades of stable but authoritarian government, Ethiopia is undergoing its first peaceful transfer of power after the death, in August, of longtime prime minister Meles Zenawi.   ...

Japan: Veteran Executive Takes Top Job At Nomura

NEWSMAKERS: JAPAN   By Valentina Pasquali   After the insider-trading scandal that, in July, forced the resignation of both its chief executive officer and chief operating officer, Japan's largest financial conglomerate, Nomura, is gearing up for a new chapter in ...

Financial Reporting Still Plagued By Delays

MILESTONES: GLOBAL   By Valentina Pasquali   Companies worldwide are making big changes to their reporting processes—seeking relief from the high costs associated with missed regulatory deadlines and poor-quality data.   They are investing more and more in their financial ...

Gold Starts Paying Unique Dividends

MILESTONES: GLOBAL   By Valentina Pasquali   Over the past few years markets have experienced declining trust in fiat money, a slow departure from the US dollar as a reserve currency and growing interest in bullion, particularly as a hedge against ...

Reding Lobbies For Board Member Quotas

NEWSMAKERS: EUROPE   By Valentina Pasquali   In the European Union, women comprise 60% of university graduates but only about 12% of corporate board members.   Reding: Tackling red-hot issues such as gender parity The European Commission has decided to take action ...

Hildebrand Out At SNB After Wife’s FX Trading Binge

NEWSMAKERS: SWITZERLAND   By Valentina Pasquali   In the midst of Europe's sovereign debt crisis, a scandal hit the beleaguered continent's financial system in January.   Hildebrand forced out of Swiss Central Bank role The head of Switzerland's central bank, ...

Rajoy Hopes To Reassure Investors In Spain

NEWSMAKERS: SPAIN   By Valentina Pasquali   Like Greece and Italy, Spain too has a new government, tasked with bringing the country back from the brink.   Rajoy heads new government Unlike Greece’s Lucas Papademos and Italy’s Mario Monti, Spain’s prime ...

2011

Daunting Tasks For Papademos

NEWSMAKERS: EUROPE   By Valentina Pasquali   Greece’s interim prime minister Lucas Papademos was appointed in November, after much squabbling between the country’s two main political parties.   Papademos most qualified candidate for the job Papademos faces the daunting tasks ...