Magazine Cover

Cover Story

World Beaters: Best Banks 2010

COVER STORY: ANNUAL SURVEY – WORLD'S BEST BANKS 2010   By Gordon Platt   Global Finance unveils its annual list of the best banks globally, regionally and by country.                       ...

World Beaters

COVER STORY: ANNUAL SURVEY – WORLD'S BEST BANKS 2010   By Gordon Platt   Global Finance unveils its annual list of the best banks globally, regionally and by country.   Investors, depositors and corporations are concerned about the health of ...

Features

Country Focus: Peru

SECOND ACT   By Antonio Guerrero   In his second term, Peru’s president Alan Garcia is making amends for the shambles he left his country in after his first term.   Peruvian president Alan Garcia is leading one of the ...

Global Outperformers

EM REGIONAL BANKING FOCUS: LATIN AMERICA   By Denise Bedell   Latin America is a hotbed of growth, presenting a wealth of opportunities for domestic and international banks.     With some of the highest growth rates seen anywhere worldwide ...

New Partnerships

EM REGIONAL BANKING FOCUS: AFRICA   By Nick Kochan   Africa's banks are looking to forge new links as they seek to expand across the continent.   The African banking industry has emerged from the global financial crisis largely intact ...

Risky Business

FOCUS: RISK CONSULTING   By Paula L. Green   Companies are showing increasing interest in employing risk consultants to help them manage their exposure.   As they protect employees, property and supply chains flung around the globe, corporate executives are ...

Shifting Sands

EM REGIONAL BANKING FOCUS: MIDDLE EAST   By Jonathan Gregson   Many banks in the Middle East are still suffering the after-effects of the global financial crisis.     Over the past decade the Middle East's banking sector has become ...

Award Winners

World’s Safest Banks 2010

ANNUAL SURVEY: SAFEST BANKS   by Dan Keeler   Global Finance selects the world's safest banks—the 50 institutions with the highest ratings from the leading international credit ratings agencies—and the safest banks in seven regions.   It is a measure ...

Holding Steady

ANNUAL SURVEY: CENTRAL BANKER REPORT CARDS   by Gordon Platt, Antonio Guerrero and Dan Keeler   Central bankers sit tight in the face of renewed global uncertainty.   Indications that the global economic recovery is losing momentum have created a ...

World’s Biggest Banks 2010

ANNUAL SURVEY: WORLD'S BIGGEST BANKS   by Dan Keeler   Global Finance ranks the world’s 50 biggest banks, as measured by total assets   After a tumultuous three years, characterized by colossal write-downs, credit ratings downgrades, nationalizations, bailouts and hurriedly ...

Emerging Markets Roundup

Emerging Markets Investor

EMERGING MARKETS INVESTOR: NEWS   By Gordon Platt   India's equity market indices have gained more than 80% since early 2009, but the market lacks depth and breadth, with a high concentration of trading in a few top companies, according ...

Emerging Markets: Africa

ROUNDUP   By Antonio Guerrero   Uneasy balance: Mugabe (right) and Tsvangirai still have issues with power sharing South Africa's state-owned development lender Industrial Development Corporation (IDC) plans to issue bonds and sell an estimated $3.6 billion worth of its ...

Emerging Markets: Brazil

ROUNDUP   By Antonio Guerrero   With Brazil's economy expected to grow at around 7% this year and borrowing costs declining, Brazilian companies are seeking financing for their expansion plans. MMX, a leading metals and mining company, hopes to raise ...

Emerging Markets: China

ROUNDUP   By Thomas Clouse   The real deal: Insurers now have the chance to invest China's most recent economic figures show policymakers' efforts to reign in the property market without derailing the country's economic recovery are achieving mixed results. ...

Emerging Markets: India

ROUNDUP   By Aaron Chaze   With its fifth rate rise of the year India's central bank, the Reserve Bank of India, launched another attack on inflation last month. The bank upped its key rate to 6.0% from 5.75% in ...

Emerging Markets: Russia

ROUNDUP   By Kim Iskyan   Inflation has in recent weeks climbed rapidly up the macroeconomic agenda in Russia, as the summer's wildfires and drought throughout the country decimated grain crops and triggered sharp price hikes. Inflation has long been ...

The World's Safest Banks

SIBOS 2010

With thousands of banks and a growing number of corporations attending each year, the Brussels-based international banking network SWIFT's annual Sibos conference has become a crucial forum for debates in transaction banking. This year's conference, to be held in Amsterdam, ...

Country Report

Country Report: Turkey

STAYING THE COURSE   By Gordon Platt   Turkey has bounced back from a sharp economic contraction to become one of the region’s best performers. Its prospects are brighter than ever.   Turkey's constitutional referendum last month gave a boost ...

Milestones

The Great Recession Lives Up To Its Name

  MILESTONES: UNITED STATES   By Gordon Platt It's official. The US recession that came to be known as the Great Recession is over. In fact, it's been over for more than a year, having officially ended in June 2009, ...

Poor Gain Better Access To Financial Services

MILESTONES: GLOBAL   By Antonio Guerrero   Despite the fact that 60% of the world's economies posted a drop in real per capita income last year, access to formal financial services in developing countries grew. According to "Financial Access 2010," ...

Corporate Finance

Economic Slowdown Could Benefit Dollar

CORPORATE FINANCING NEWS - FOREIGN EXCHANGE By Gordon Platt The world economic recovery may be slowing more rapidly than previously expected, according to the Organization for Economic Cooperation and Development. Growth in the Group of Seven developed economies will slow ...

Resource Battle Turns To Potash

CORPORATE FINANCING NEWS - MERGERS & ACQUISITIONS   By Gordon Platt   The cross-border battle for global resources is now focused on potash, with BHP Billiton's $43 billion hostile bid for Saskatoon-based Potash Corp. of Saskatchewan, the world's largest producer ...

Newsmakers

Kan Sees Off Leadership Challenge

NEWSMAKERS: JAPAN   By Thomas Clouse   Ozawa: Failed to unseat Japan’s prime minister Japanese prime minister Naoto Kan retained leadership of his political party and the country after political powerbroker Ichiro Ozawa unsuccessfully challenged him for his position in ...