As they face an uncertain future, the world's biggest banks may encounter a painful new reality: Global regulation.
The case for global regulation of the banking and finance industry has become much stronger as a result of the recent crisis. The prospect of creating a workable system, though, is as remote as ever.
Banking On Innovation Businesses are finding imaginative ways to circumvent the credit crunch. The solutions they adopt now could have profound implications for their future operations.
World's Best Derivatives Providers 2008 Global Finance's fifth annual awards for the World's Best Derivatives Providers come against a backdrop of unprecedented change in financial markets.
In a major policy reversal, the Argentine government is reaching out to holdouts from its $100 billion debt workout in which bondholders received a 70% haircut in 2005.