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Cover Story

Cover Story : How Low Can You Go?

As regulators and tax collection authorities clamp down on corporate and individual tax abuse, business leaders are finding it harder than ever to know where to draw the line between tax planning and tax evasion. In recent months a great ...

Features

Features : Creative Solutions In a Funding Drought

When a country experiences an economic or financial crisis, among the first victims will be companies seeking financing. With a little creativity, though, businesses can overcome even the tightest funding squeeze. As bank credits dry up or become too costly ...

Features : Custodians Grasp New Opportunities

Some of the world’s leading experts on global custody met in New York recently to discuss the challenges facing their industry. Global Finance’s publisher Joseph Giarraputo moderated. Global Finance: What impact have the Patriot Act and Sarbanes- Oxley had on ...

Features : Global Briefing

Deal Flow Picks Up in a Market Well on the Road to Recovery Global Finance Award Winners Forecast a Continued Upturn in 2004 The global project finance market has sprung to life this year, following two years that many institutional ...

Features : The World’s Best Internet Banks 2003

In the second of a two-part series, Global Finance identifies the Regional and Global Best Corporate/Institutional Internet Banks and Best Consumer Internet Banks, as well as global sub-category winners. GLOBAL SUB-CATEGORY WINNERS Best Corporate/Institutional Integrated Site Best Corporate/Institutional Web Site ...

Features : Trading Up

Letters of credit and open account trading have long been staples of what banks do. Now they’re eyeing up trade services in their bid to build ever-stronger relationships with corporates. “If you look at the entire transaction process from the ...

Emerging Markets Roundup

Features : Global Briefing

Deal Flow Picks Up in a Market Well on the Road to Recovery Global Finance Award Winners Forecast a Continued Upturn in 2004 The global project finance market has sprung to life this year, following two years that many institutional ...

The World's Best Internet Banks - Part 2

Features : The World’s Best Internet Banks 2003

In the second of a two-part series, Global Finance identifies the Regional and Global Best Corporate/Institutional Internet Banks and Best Consumer Internet Banks, as well as global sub-category winners. GLOBAL SUB-CATEGORY WINNERS Best Corporate/Institutional Integrated Site Best Corporate/Institutional Web Site ...

Milestones

Milestones : Bankers Add Uncertainty To Argentina Debt Restructuring

ARGENTINA There was a time when investment banks lined up to participate in emerging market debt restructurings that gained them hefty fees. But times are changing, as three top banks—JPMorgan Chase, Citigroup and Deutsche Bank—have withdrawn their bids to advise ...

Milestones : Caspian Oil And Pipeline Projects Get The Green Light

AZERBAIJAN The International Finance Corporation’s board has approved investments in two related Caspian oilfield and pipeline projects costing approximately $6.8 billion. The projects include the first-phase development of an oilfield off Azerbaijan in the Caspian Sea and the construction of ...

Milestones : Pfandbrief To Be Strengthened By Pending Legal Changes

GERMANY Moody’s Investors Service has updated its rating methodology of the Pfandbrief in anticipation of amendments to the German Mortgage Bank Act, which are expected to go into effect in January 2004. The Pfandbrief market, composed of debt secured against ...

Corporate Finance

Features : Creative Solutions In a Funding Drought

When a country experiences an economic or financial crisis, among the first victims will be companies seeking financing. With a little creativity, though, businesses can overcome even the tightest funding squeeze. As bank credits dry up or become too costly ...

Corporate Finance : Companies Lock in Rates As US Economy Surges

THE AMERICAS US corporations are prepaying outstanding bonds and locking in current low interest rates amid signs of strength in the economy, analysts say. The 7.2% rise in US gross domestic product in the third quarter and employment gains in ...

Corporate Finance : Taiwan Flat-Screen Maker Raises $573 Million in GDRs

ASIA Taiwan-based Chi Mei Optoelectronics, which produces thin-film transistor, or TFT, liquid crystal displays for flat-screen computers, cell phones and televisions, raised $573 million through offerings of global depositary receipts. The company plans to build three plants in an industrial ...

Corporate Finance : Will Stronger US Economy Act as Parachute for Dollar?

THE AMERICAS The US dollar’s headlong plunge has suddenly slowed dramatically in response to better-thanexpected reports on the economy, including stabilization of the employment market and a 7.2% rise in third-quarter gross domestic product. The surge in US economic activity, ...

Newsmakers

Newsmakers : Is Greenspan Heading For His Second Bush Showdown?

UNITED STATES “Greenspan promised to be patient. But his patience run out at a bad time for President Bush.” Alan Greenspan is painting himself into a corner that could lead to a confrontation with the Bush administration as next year’s ...