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Features

Features : Financial Giants Face A Mighty Challenge

ANALYSIS FINANCIAL CENTERS     Established financial centers are seeing their dominance challenged in the aftermath of the credit crunch. BY ANITA HAWSER   In early April, as leaders from the Group of 20 countries gathered with the expectation that ...

Features : Help Or Hindrance?

  HELP OR HINDRANCE?     Mounting concern over the economic prospects of the world’s poorest nations is encouraging developed nations to reassess their aid policies. By Antonio Guerrero   World Bank president Robert Zoellick calls on the developed world ...

Award Winners

Features : The Best EM Banks

ANNUAL SURVEY THE BEST EMERGING MARKET BANKS 2009     In our 16th annual survey of top banking performers in emerging markets, we name those banks that are consistently providing high levels of service in fast-evolving markets. By Gordon Platt ...

Emerging Markets Roundup

Emerging Markets : EM ROUNDUP Africa

South Africa’s Standard Bank, Africa’s largest lender by assets, has become the first international financial institution to join the IFC’s $5 billion global trade liquidity program. The program aims to extend loans to regional banks for on-lending to importers and ...

Emerging Markets : EM ROUNDUP China

China’s foreign exchange reserves, the largest in the world, grew at the lowest rate in eight years in the first quarter as export markets cooled and foreign capital inflows slowed. The reserves increased by $7.7 billion to $1.95 trillion, representing ...

Emerging Markets : EM ROUNDUP India

Just three months after the management of Satyam Computers, India’s fourth-largest software company, confessed to accounting fraud, the company was acquired by Tech Mahindra, another Indian software company. Tech Mahindra, which is partly owned by British Telecom, prevailed in the ...

Emerging Markets : EM ROUNDUP Brazil

Citing Brazil’s prudent economic policies, Standard & Poor’s affirmed the country’s BBB- investment-grade rating with a stable outlook. In its rationale, S&P; said Brazil’s low investment-grade ratings are supported by the government’s ongoing commitment to prudent macroeconomic policies. S&P; expects ...

Milestones

Corporate Finance

Corporate Finance : Foreign exchange

WORRIES ABOUT FUNDING DEFICITS COME TO FORE     Deficit financing has replaced interest rates as the driving force in the currency markets, analysts say. As short-term rates converge toward zero, their influence on currency values is dissipating and the ...

Corporate Finance : M&A

MORGAN STANLEY LEADS IN FIRST-QUARTER M&A; Morgan Stanley advised on $219 billion of mergers and acquisitions worldwide in the first quarter of 2009, beating out J.P. Morgan’s $203 billion total to take the lead in Thomson Reuters’ rankings of top ...

Newsmakers

Newsmakers : Risk management remains undervalued

    Risk management is still not considered a core strategic function at some of the world’s biggest investment houses, according to a survey by research group SimCorp StrategyLab. Despite all the talk given to the importance of risk management ...

Additional Stories