Magazine Cover

Cover Story

Cover Story: Greening The Supply Chain

Sustainable Procurement Rising transportation costs and impending rules on carbon emissions are prompting companies to reassess their sourcing strategies. Many are realizing substantial savings in the process. By Anita Hawser When London was awarded the 2012 Olympic Games, politicians and ...

Features

Features: Roundtable: Supply Chain Finance

PROVIDING A VITAL NEW LINK IN THE SUPPLY CHAIN. Global Finance brings together some of the leading experts in supply-chain finance to discuss developments and opportunities in this fast-growing field. Moderated by Joseph Giarraputo Global Finance: What’s happened to supply-chain ...

Features: Asia Goes Abroad

Regional Report / Asia Investment Investment into—and out of—Asia bucked the global trend over the past year as China and India continue to power the region’s economic progress. By Thomas Clouse The past year has been a challenging one for ...

Features: Awards Ceremony: World’s Best Banks 2009

Location: IMF Annual Meetings, Istanbul WORLD’S BEST BANKS 2009 Global Finance’s 13th annual Best Banks awards ceremony was held in early October in Istanbul, as the annual meetings of the International Monetary Fund and World Bank were in session. Durmus ...

Features: Corporate Cards Go Virtual

CORPORATE CARDS GO GLOBAL AND VIRTUAL Companies are reworking their corporate card programs and setting up new corporate purchase card programs to improve spend management and gain greater control over global expenses. By Denise Bedell Companies are always looking to ...

Features: Country Report: Lebanon

BUCKING THE GLOBAL TREND Lebanon sidestepped the global turmoil and is busy building on its newfound prosperity. By Justin Keay On any morning in downtown Beirut—along the sunny Corniche or in the cafes in the reconstructed Place d’Etoile near Parliament ...

Features: Intellectual Values

INTELLECTUAL VALUES Companies on the hunt for liquidity are unearthing hidden treasures in their intellectual property portfolios. By Antonio Guerrero As companies strive to make the best use of their assets, to focus on their core operations and to best ...

Features: Roundtable: Custody & Investors’ Services

PROVIDING CONFIDENCE IN TROUBLED TIMES As they seek to better understand and manage the risks and value in their portfolios, investors are looking for more support than ever from their custody and investors’ services providers. Moderated by Joseph Giarraputo Global ...

Features: World’s Best Derivatives Providers

Derivatives Stage A Comeback Market participants are rediscovering the appeal of derivatives, and the providers that stayed the course during the recent meltdown are reaping the benefits. By Laurence Neville In the year covered by Global Finance’s sixth annual awards ...

Emerging Markets Roundup

Features: Roundtable: Supply Chain Finance

PROVIDING A VITAL NEW LINK IN THE SUPPLY CHAIN. Global Finance brings together some of the leading experts in supply-chain finance to discuss developments and opportunities in this fast-growing field. Moderated by Joseph Giarraputo Global Finance: What’s happened to supply-chain ...

Corporate Finance: Corporate Finance Focus

Corporate Debt Taking Away The Punch Bowl Could End Rip-roaring Party In The Credit Markets. By Gordon Platt The fxed-income markets have produced some of the biggest returns ever this year, as central banks around the world have pumped out ...

Emerging Markets: Africa

Roundup —Antonio Guerrero China is extending its access to Africa’s raw materials with a new deal in which it will provide some $7.2 billion in financing to the de-facto government in Guinea, the world’s largest bauxite producer and an important ...

Emerging Markets: Brazil

Roundup By Antonio Guerrero Banco Santander Brasil, the local subsidiary of Spanish banking giant Banco Santander, in October raised more than $8 billion in Brazil’s largest-ever IPO and the world’s largest this year. Abu Dhabi’s state-controlled Aabar Investments invested $328 ...

Emerging Markets: China

Roundup By Thomas Clouse Going east: GM’s Hummer brand heads to China China celebrated the 60th anniversary of the founding of the People’s Republic on October 1 with a morning parade through the main avenues of Beijing, an evening performance ...

Emerging Markets: India

Roundup By Aaron Chaze In a sign of returning confidence, corporate India is rushing to market with a rash of IPOs and share offerings. During the last week of September alone, 20 Indian companies filed draft prospectuses with the Securities ...

Emerging Markets: Middle East

Roundup By Gordon Platt Topping out: The colossal Burj tower nears completion Economic growth for the Gulf Cooperation Council (GCC) will reach 5.2% next year on the back of rising oil revenues, the International Monetary Fund forecasts. A year ago ...

Emerging Markets: Russia

Roundup By Kim Iskyan Beating the booze: President Medvedev takes aim at alcoholism In early October Norway’s Telenor and Russian investment vehicle Alfa Group announced an agreement to merge VimpelCom and Kyivstar, their jointly controlled Russian and Ukrainian telecommunications companies. ...

FX Supplement: Who’s Who In Foreign Exchange 2009

Who’s Who ILYA SOROKIN president and CEO ActForex Ilya Sorokin is president and CEO of ActForex, a New York-based provider of retail foreign exchange trading platforms. The firm’s Internet Currency Trading System (ICTS) has the ability to accommodate various business ...

The World's Best Derivatives Providers

Features: World’s Best Derivatives Providers

Derivatives Stage A Comeback Market participants are rediscovering the appeal of derivatives, and the providers that stayed the course during the recent meltdown are reaping the benefits. By Laurence Neville In the year covered by Global Finance’s sixth annual awards ...

Milestones

Milestones: Hungary’s Leader Fights Back

Hungary By Justin Keay Bajnai: Credited with pulling Hungary back from the brink Its economy could contract by 6.7% this year and 0.9% in 2010, foreign debt is at record levels and the public mood very sour, but prime minister ...

Corporate Finance

Corporate Finance: Corporate Finance Focus

Corporate Debt Taking Away The Punch Bowl Could End Rip-roaring Party In The Credit Markets. By Gordon Platt The fxed-income markets have produced some of the biggest returns ever this year, as central banks around the world have pumped out ...

Corporate Finance: Foreign Exchange

Bernanke Heads Off Big Attack On Dollar With Rate-Hike Talk By Gordon Platt The dollar has lost 12% against a basket of currencies since President Barack Obama took office in January, but selling of the greenback has been orderly, and ...

Corporate Finance: Global Equity/DRs

Equity Capital Underwriting Fees Rise 33% Gordon Platt Underwriting fees from global equity capital market transactions in the first nine months of 2009 rose 33% from the same period a year earlier to an estimated $14.8 billion, according to Freeman ...

Corporate Finance: Mergers & Acquisitions

Morgan Stanley Leads After Three Quarters BY Gordon Platt Morgan Stanley edged out Goldman Sachs as the top financial adviser on mergers and acquisitions worldwide in the first three quarters of 2009, as M&A; activity declined 38% from the same ...

Newsmakers

Newsmakers: Asia’s Economic Titans Promise Closer Ties

Asia By Thomas Clouse Lee Myung-bak, Wen Jiabao and Yukio Hatoyama in Beijing China, Japan and South Korea have pledged to work more closely with each other on issues ranging from economic development to environmental protection and nuclear non-proliferation after ...

Newsmakers: Calderón Goes To War Against Inefficiency

Mexico By Antonio Guerrero LFC workers protest against Calderón’s actions When Mexican president Felipe Calderón decided in October that the staterun LFC electrical utility had sapped resources for too long, to the tune of $3 billion in annual federal subsidies, ...

Newsmakers: Central Bank Governor Tries To Shame Bankers On Pay

United Kingdom By Gordon Platt King: Lambasting banks for their lavish bonuses After bungling his handling of the Northern Rock crisis in 2007, Mervyn King, governor of the Bank of England, was blamed for creating the crisis that many said ...

Newsmakers: Veiled Comments Cloud Russia’s Leadership Question

Russia By Kim Iskyan United front: Putin and Medvedev stand together Outside of Hollywood, there are few relationships that are watched more closely than that between Russian prime minister Vladimir Putin and his protégé—and boss, theoretically— president Dmitry Medvedev. The ...

Additional Stories

FX Supplement: FX Swaps Get Kid-Glove Treatment

Swaps Foreign exchange swaps appear to be about to emerge unscathed from the flurry of new regulation prompted by the recent financial turmoil. By Gordon Platt Chair of the House Financial Services Committee, Barney Frank, released a revised bill that ...

FX Supplement: Hedging The Risk Of A Dollar Collapse

Gordon Platt Contributing Writer gplatt@gfmag.com Conspiracy theories abound about the so-called demise of the dollar. When all is said and done, however, the dollar no doubt will remain widely held by central banks and citizens of the world, and currency ...

FX Supplement: Murphy’s Law Rules The FX Market

Managing Volatility Accurately predicting currency movements can make the difference between profit and loss for a multinational. Fortunately, help is at hand. By Gordon Platt Finance ministers and central bankers have a habit of substituting “volatility” for “levels” when it ...

FX Supplement: Spreading The Word

Spread Betting Spread betting is becoming an increasingly popular form of FX trading. Its proponents are hoping it will grow as a risk management tool, too. By Anita Hawser Its initial popularity—and notoriety—may have been among sports gamblers, but spread ...