FDI & Economic Development Update | Asia
Inbound FDI was down globally last year, but the lion’s share went to Asia.
Awards Presentation | Amsterdam, Netherlands
Global Finance held its Best Trade Finance and Supply Chain Finance Providers Awards Ceremony in Amsterdam in January—during the annual BAFT Europe Bank-To-Bank Forum. Leading corporate and financial executives from around the world were present to accept their awards and honor other recipients.
Country Report | Angola
Up until 2013, Angola's GDP, buoyed by booming oil revenues, grew by an average rate of 10.7%, reaching an all-time high of 23.2% in 2007. Now, as economic growth slows and the country’s financial coffers move from surplus to deficit, Angola is rethinking its dependence on “black gold.”
Milestones | India
The Reserve Bank of India’s recent bid to offer licenses for setting up small finance and payment banks has elicited an overwhelming response, with at least 113 companies entering the fray.
Corporate Finance & Capital
Management | Foreign Direct Investment
FDI volumes are declining globally, as some national governments take a stronger stance against foreign ownership of their companies and land.
Capital Markets | Equity Capital Raising
Burgundy vineyard Domaine Chanzy expects to be the first company to conduct an initial public offering using crowdfunding, which enables companies to raise money from members of the public, typically via the Internet.
Capital Markets | Stock Markets
The Toronto Stock Exchange (TSX) will soon have direct competition from an alternative equity-trading platform, also to be located in the heart of Toronto’s financial district, known as Bay Street.
Trends | Credit Ratings
More than six years after the housing market crashed—dragging the world economy and stock markets down with it—Standard & Poor’s settled in early February with the Securities and Exchange Commission for its alleged part in triggering the meltdown. The price was relatively cheap, as these things go: $1.4 billion with no admission of wrongdoing.
Trends | Global Banking
On the surface at least, Spain’s Banco Santander and Cloud storage providers do not appear to have much in common.