As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR reserve currencies and China’s global political clout rises commensurately, the country has yet to fully liberalize its markets—or its currency.
Special Report | U.S. Transaction Banking
Dealing with the regulatory complexities faced by their larger peers and without some of the flexibility of their smaller brethren, US regional transaction banks are building international partnerships and investing in best-of-breed technology platforms in order to win, and hold on to, corporate clients.
Special Report | Private Banking
Offshore banking, the booking and management of assets outside an individual’s country of domicile, has taken a beating since the financial crisis.
Annual Awards honoring the Best Islamic Financial Institutions in the world.
The Innovators 2015 - Transactions Services, is Global Finance's annual listing of key innovations in treasury and transaction services. The financial institutions included in the list are honored for launching products or services that are transforming the corporate transaction services landscape. Global Finance uses the OECD's Oslo Manual Of Innovation to evaluate honorees.
The Innovators 2015 - Transactions Services, is Global Finance's annual listing of the most innovative banks and fintech companies in treasury and transaction services. The firms in this category are honored for launching products or services that are transforming the transaction services landscape for consumers and financial institutions. Global Finance uses the OECD's Oslo Manual Of Innovation to evaluate honorees.
Sponsored Buyer’s Guide 2015 | Custody And Investors’ Services
Country Report | Spain
The era of absolute majorities in Spanish politics is over.
Corporate Finance & Capital
Capital Markets | M&A Antitrust
Antitrust authorities around the world are stepping up their merger-monitoring activities amid a boom in cross-border M&A. They’re increasingly requiring merging companies to divest assets to win approval for their deals. In some cases, complex requirements are causing corporates to abandon proposed combinations.
Capital Markets | M&A Pharmaceuticals
In what could become Israel’s biggest cross-border M&A deal ever, Teva Pharmaceutical Industries made an unsolicited $40 billion offer to acquire Mylan, a Pennsylvania-based drugmaker registered in the Netherlands with operational headquarters in the UK.
Capital Markets | Project Finance
Brazil’s multinational metals and mining group Vale has signed a $2.1 billion agreement with the Export-Import Bank of Korea.
Capital Markets | Debt
Issuance of green bonds, which raise funds to support environmentally beneficial activities, more than tripled last year, to $36 billion, according to the World Bank.
Commodities | Desperate for cash to purchase imports, oil-rich Venezuela pawned part of its gold reserves as collateral for a $1 billion loan from Citibank.
SEC & Executive Compensation | Five years after the 2010 Dodd-Frank financial reform act, several of its controversial corporate governance provisions on executive compensation continue to wend their way through the system.