As analytics aimed at helping companies make use of all their data proliferate, companies worldwide are embracing these new technologies and finding ever-more-innovative ways to use them. Those that fail to do so risk being left on the sidelines.
Cover Story | Supplement
As data sharing becomes more common, individual privacy seems to be more luxury than norm. But corporations working with big-data analytics must pay attention to how many personal details they gather about their customers, lest they cross the invisible line of what is acceptable and what is not—and anger their client base.
Corporate Cash | Corporate Asset Management
Corporate treasurers, a cautious lot, are taking baby steps to add risk.
Corporate Cash | Money Market Funds
Despite plenty of corporate pushback, the SEC’s controversial money market reform will be more headache than hardship for corporate investors.
Regional wealth funds, free-trade zones and the Saudi Stock Exchange are expected to boost GCC economic growth and spur development—even if oil doesn’t cooperate.
GCC Regional Report 2015 | Oil Prices
GCC countries are weathering low oil prices surprisingly well, cushioned by sovereign funds, economic diversification and development.
GCC Regional Report 2015 | Trade
GCC With oil prices not expected to top $100 a barrel anytime soon, breaking down trade barriers is the one sure way to boost the GCC’s economic prospects.
GCC Regional Report 2015 | Special Economic Zones
Special economic zones are allowing GCC countries to diversify their economies away from oil and provide jobs to their citizenry.
Scotland still brings in more foreign direct investment than many larger countries. Last year it again headed the list of top UK destinations outside London.
Global Finance Honors a Japanese powerhouse and a Spanish superstar as Top Of Class for 2015.
BBVA’s President and COO Carlo Torres Villa on the explosive growth of online banking and mobile banking.
The role of subcustodian banks is becoming more rigorous in response to regulations that impose new fiduciary responsibilities and far greater liabilities on global custodians.
Global Finance presents the winners of its annual World’s Best Subcustodian awards.
Profiling the World's Best Subcustodians of 2015
Global Finance interviewed Derek Pattison, Scotiabank’s VP of wealth management, Bahamas, on the importance of responding to clients’ needs for any product, anywhere.
In a conversation with Global Finance, Mark Kerns, head of investor services at Standard Bank, describes how booming interest in Africa, led by South Africa and Nigeria, is reshaping the continent’s capital markets.
Global Finance talked with Peter Blair Henry, dean of New York University’s Stern School of Business, about the urgency of bold reform and global trade to help developing nations.
Sibos Supersection 2015
SIBOS Supersection 2015 | Introduction
Digital trade is a key theme for the corporate forum at SWIFT’s Sibos conference in Singapore in October.
SIBOS Supersection 2015 | Bank Relationship Management
Basel III and other regulatory developments are causing a sea change in bank-corporate relationships. It is up to corporate treasurers to lead that process.
SIBOS Supersection 2015 | Bank Relationship Management
Along with understanding the value they provide their banking partners, most companies want to know what they’re spending in banking fees each year, and how this compares to the contracted rates. Bank-fee analysis software can automate the process.
SIBOS Supersection 2015 | Fintech–Blockchain Technology
Freed from bitcoin, could the blockchain, or blockchain lite, become the underlying infrastructure behind better banking?
SIBOS Supersection 2015 | Fintech – Innovation Centers
In today’s virtual world, fintech development can take place anywhere. With funding for start-ups split 50:50 between traditional financial centers and elsewhere, the race is on to attract the hottest young firms.
SIBOS Supersection 2015 | Innovation In Trade Finance
Alternative finance—in all its myriad forms—could prove the answer to the global trade finance gap.
SIBOS Supersection 2015 | Trade Finance Innovation
The impact of the trade finance shortfall is particularly significant for small and medium-size enterprises.
SIBOS Supersection 2015 | M&A IT Integration
Merging with other companies has its financial benefits, but when it comes to IT, not joining all the dots to integrate disparate systems can have serious consequences.
SIBOS Supersection 2015 | Commercial Paper Programs
Regulatory changes and GE Capital’s exit from the commercial paper market could pose a big problem for corporate treasury departments.
Country Report | Nigeria
Nigeria is Africa’s largest economy, but the recent slump in oil prices has halved government revenues. The new Buhari government must now ensure the country’s economic roller coaster ride does not grind to a complete halt.
Country Report | Portugal
Portugal’s economy is booming. Exports are up and unemployment is down. Insufficient capital investment is the last tough nut to crack, and the government is attacking it with gusto—and significant tax reform.
Milestones | New Zealand
In June, the Reserve Bank of New Zealand lowered its key cash interest rate a quarter of a percentage point to 3.25%, the first time the central bank has cut rates cut since 2011, citing a combination of deflationary pressure, plunging commodity prices and a slowdown in key export markets like China.
Milestones | Zimbabwe
The demonetization of the Zimbabwean dollar began in June and holders of the near worthless currency have until September 30 to exchange it for US dollars.
Milestones | Iceland
Nearly seven years after introducing controls on capital movements, Iceland is planning to ease restrictions it put in place when the collapse of its banking system brought the country to the brink of financial meltdown.
Newsmakers | Turkey
It has been said that ultimately all political careers end in failure, but until June 7, few observers were expecting this maxim to be true, quite yet, of Turkey’s president, Recep Tayyip Erdoğan.
Newsmakers | Mexico
In June, Jaime Rodríguez Calderón became the first independent candidate to be elected a state governor in Mexico, winning office in Nuevo León.
Newsmakers | Ukraine
Tensions between Russia and Ukraine have run high since late 2013, when Russia resisted Ukrainian efforts to move out of the Russian sphere of influence and toward the West.
Small businesses today no longer need to convince a bank to get a loan. They can very well convince an algorithm that will assess their credibility based on a diverse parameters rather than a conventional credit check.
Corporate Finance & Capital
Capital Markets | Debt
Jaws dropped in June, when scandal-plagued Petrobras, the Brazilian oil company, announced plans to come to market with a 100-year bond. Who in their right mind would lend $2.5 billion for a century to an emerging markets company that in April wrote off $17 billion in overvalued assets and billions more in bribes?
Capital Markets | Debt
Overstock.com, a Utah-based online retailer, issued the first digital corporate bond using blockchain technology—the same technology that supports cryptocurrencies such as bitcoin.
Capital Markets | Foreign Exchange
The surging dollar, falling euro and plunging emerging-markets currencies had a record $32 billion negative impact on the earnings of companies in North America and Europe in the first quarter, according to Scottsdale, Arizona‒based FiREapps, which helps corporations measure and manage foreign exchange exposure.
Capital Markets | Debt/Equity
India’s banks—both private and state-run—have been given a powerful tool to deal with bad loans.
Trends | Economy & Disease
In May, South Korea reported its first case of MERS (Middle East Respiratory Syndrome). The death toll had climbed to 24 as we went to press, making it the largest outbreak outside of Saudi Arabia, where the strain was first reported in 2012.
Management | Tax Policy
In an effort to clamp down on tax avoidance by multinationals, the European Commission has announced plans to revive a proposal to unify the corporate tax base across Europe.
Management | Corporate Governance
Japanese corporate culture, long considered one of the least shareholder-friendly among developed nations, may be softening up, with a little nudge from prime minister Shinzo Abe.