Magazine Cover

Cover Story

Cover Story: World’s Best Banks 2009

Global Finance unveils its annual list of the best global, regional and country banks.

By Gordon Platt

coverstory1 Much has changed in the banking world over the past year—although not as much as might have been expected at the start ...

Features

Features : Best In Class 2009

A selection of Global Finance’s best bank awards from the past year.

BEST FOREIGN EXCHANGE PROVIDERS

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BEST DERIVATIVES PROVIDERS

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BEST SUB-CUSTODIANS

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BEST ISLAMIC FINANCIAL INSTITUTIONS

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BEST TREASURY & CASH MANAGEMENT PROVIDERS

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BEST TRADE FINANCE BANKS & PROVIDERS

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BEST INVESTMENT BANKS

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BEST ...

Features : Central Banker Report Cards 2009

During one of the toughest years on record, the world’s central bankers were tested as never before.

Contributors: Gordon Platt, Antonio Guerrero, Anita Hawser and Dan Keeler

It is clear that 2009 is not a year on which the ...

Features : World’s Biggest Banks

Global Finance ranks the world’s 50 biggest banks, as measured by total assets.

By Dan Keeler

This past year has seen a stunning reversal in the fortunes of the world’s biggest banks. After a flurry of eye-popping write-offs ...

Features: Country Report: China

THE NEXT GREAT LEAP FORWARD

Ample liquidity and a bold government stimulus package have catapulted China past stumbling rival economies.

By Thomas Clouse

12 China is showing few symptoms of an economic crisis. While many of the world’s banks struggled ...

Features: Spotlight: Business Continuity

Preparing For The Worst

Multinationals are reassessing their business continuity plans as the global economic turmoil continues.

By Paula L. Green

F_01_1 In an increasingly intertwined business world with far-flung supply chains stretching across myriad time zones and cultures, a comprehensive ...

Features: World’s Safest Banks

THE WORLD’S SAFEST BANKS 2009


Global Finance selects the world’s safest banks, the 50 institutions with the highest ratings from the leading international credit ratings agencies.


By Dan Keeler

Features_Safest-Banks_big After two tumultuous years that saw many of the ...

Central Banker Report Cards

Features : Central Banker Report Cards 2009

During one of the toughest years on record, the world’s central bankers were tested as never before.

Contributors: Gordon Platt, Antonio Guerrero, Anita Hawser and Dan Keeler

It is clear that 2009 is not a year on which the ...

Newsmakers

Newsmakers: Economic Gloom Deepens As Honduras Crisis Continues

Honduras

Antonio Guerrero

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Zelaya: Garnering
interna
tional supprt

After Honduran soldiers stormed leftist president Manuel Zelaya’s home in June and he fled into exile, many speculated the Central American nation’s economy was poised for growth. After all, Zelaya ...

Newsmakers: Geithner Presses For Controls On Banks’ Risk-Taking

United States/Global

By Gordon Platt

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Geithner: There should be no return to business as usual

It looks like there could be significant reform of the global banking system after all. US Treasury secretary Timothy Geithner pushed for meaningful reform ...

Newsmakers: Potential Lula Successor Clears Legal Hurdle

Brazil

Antonio Guerrero

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Palocci: Stillfacing more
corruption allegatio ns

Former Brazilian finance minister Antonio Palocci has won a political victory after the country‘s Supreme Court dismissed charges that he violated bank secrecy laws. The ruling could put Palocci, a ...

Newsmakers: UK Regulator Lashes Out At Bankers

United Kingdom

Justin Keay

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Turner: City of London engages in “socially useless activity”

A year has passed since the near implosion of the world’s financial system, and intelligent opinion in Britain remains divided between those wanting the City punished ...

Milestones

Milestones: Global Currency Could Smooth Out Volatility

Global

Anita Hawser

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Hillier-Brook: Currency already has potential users

The campaign to depose the dollar as the global reserve currency has grown significantly stronger with the publication of a United Nations Conference on Trade and Development (UNCTAD) report outlining the ...

Milestones: Governments Begin To Unwind Stimulus Programs

Global

Gordon Platt

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London: G-20 members agree to greater coordination

The Group of 20 finance ministers and central bank governors agreed at a meeting in London on September 5 that it was far too early to begin unwinding the emergency ...

Corporate Finance

Cover Story: World’s Best Banks 2009

Global Finance unveils its annual list of the best global, regional and country banks.

By Gordon Platt

coverstory1 Much has changed in the banking world over the past year—although not as much as might have been expected at the start ...

Corporate Finance: Brazil, China Lead Global IPO Rebound

Global Equity/drs

By Gordon Platt

Brazil and China accounted for two-thirds of global capital raised through initial public offerings in the second quarter, with the United States and Europe lagging behind. The US market sprang to life in July ...

Corporate Finance: Rising Defaults Threaten To Derail Rally

Corporate Debt

By Gordon Platt

The strong rally in the high-yield debt market could be running out of steam, as the number of companies defaulting on their debts continues to rise, analysts say.

The US high-yield default rate rose to ...

Emerging Markets Roundup

Cover Story: World’s Best Banks 2009

Global Finance unveils its annual list of the best global, regional and country banks.

By Gordon Platt

coverstory1 Much has changed in the banking world over the past year—although not as much as might have been expected at the start ...

Corporate Finance: Rising Defaults Threaten To Derail Rally

Corporate Debt

By Gordon Platt

The strong rally in the high-yield debt market could be running out of steam, as the number of companies defaulting on their debts continues to rise, analysts say.

The US high-yield default rate rose to ...

Emerging Markets: Africa

Roundup

By Antonio Guerrero

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Trade between Africa and China is slowing

Africa has emerged as one of the key casualties of the global economic slowdown, after newly released figures show its exports to China plummeted this year. Trade between Africa ...

Emerging Markets: Brazil

Roundup

By Antonio Guerrero

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Banco Santander floats its Brazilian operations in IPO

Banco Santander in September launched a much-awaited IPO of its Brazilian unit, in a deal expected to raise more than $5 billion—one of the world’s largest ...

Emerging Markets: China

Roundup

By Thomas Clouse

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WTO ruling forces China to lift import tax on car parts

Despite witnessing a massive surge in lending, China will maintain its relatively loose monetary policy, China’s central bank says. Chinese banks granted 7.4 ...

Emerging Markets: India

Roundup

By Aaron Chaze

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India faces water shortages as summer rains fail

India’s farmers face another tough year as it becomes clear that the southwest monsoon, which usually provides 70%-80% of India’s annual rainfall, has failed this ...

Emerging Markets: Middle East

Roundup

By Gordon Platt

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Futuristic: Dubai’s new metro should ease traffic congestion

Jordan and Iraq signed a free trade agreement in Baghdad on September 3 that will expand already fast-growing trade between the neighboring countries. Jordan’s prime minister ...

Emerging Markets: Russia

Roundup

By Kim Iskyan

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Workers survey the damage after

August’s hydropower dam disaster

The Russian economy continued to show signs that it was coming out of recession, as GDP posted growth of 0.5% compared with June on a ...

Turkey: Banks Primed For Growth

Turkish Banking

Turkey has a robust banking system that is ready to support the country’s economic growth.

By Gordon Platt

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Tansan: “Turkey’s banks are the
best in the world in terms of the
strength of their capital structures ...

Additional Stories

Corporate Finance Focus: M&A

By Gordon Platt

Regulars_MA_img_0 Sovereign wealth funds could play a big supporting role as global mergers and acquisitions try to get back on track following a dramatic slowdown in M&A; activity during the credit crisis and global recession. While they ...

Supplement: Turkey Investment Supplement 2009

By Gordon Platt

Contributing Writer

gplatt@gfmag.com

With a motivation for continuing reforms and a strong banking system, Turkey is well positioned to take advantage of the global economic recovery. Its strategic location and the security it can provide ...

Turkey: EU Accession Process

WAITING IN THE WINGS

Egemen Bagis, chief negotiator, says the country’s reform efforts will pay off and admits that Turkey has made some mistakes in the past.

By Gordon Platt

Turkey somberly marked the 50th anniversary in July of ...

Turkey: Inward Investment

DYNAMIC GROWTH POTENTIAL


Turkey’s leaders have been actively promoting inward investment—with resounding successful results.

By Gordon Platt

Turkey is rolling out the red carpet for foreign investors, hoping to capitalize on its considerable growth potential once the global ...

Turkey: Leading The Way

LEADING THE WAY


At the presidential palace in Ankara on July 21, Turkey’s president, Abdullah Gul, met with Global Finance for a wide-ranging interview covering Turkey’s role in the global economy and its international relations.

turkey1-1 Global Finance: Is ...