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Features

Features : A Safe Haven

SPOTLIGHT / GLOBAL CUSTODY Global custodians are experiencing strong growth and increasingly complex demands from their clients.   Propelled by the growth in increasingly sophisticated financial instruments and the emergence of new markets and clients, the universe of financial assets ...

Features : Delayed Reaction

REGIONAL REPORT / CENTRAL AND EASTERN EUROPE They dodged the early fallout from the credit crunch, but Central and Eastern Europe’s economies are facing growing challenges.   All change: Central and Eastern Europes economies are in transition. Next year Europe’s ...

Features : Risky Business

CORPORATE TOOLBOX / POLITICAL RISK In recent years, political risks facing multinationals have grown more significant. Corporations are far from blameless in creating that risk, though.     Heightened tensions: Multinationals in countries such as Venezuela face growing risks. With ...

Award Winners

Features : Internet Bank Awards

In the first of a two-part series, Global Finance identifies the best online corporate and consumer banks by country and regionally by product or service category.   Times have been hard recently for banks’ information technology departments. The collapse of ...

Emerging Markets Roundup

Emerging Markets : Dongfeng Motor

CHINA’S AUTO MARKET REMAINS IN FAST LANE COMPANY TO WATCH     China’s love affair with the automobile shows no sign of cooling. The world’s most populous country is also the fastest-growing new-car market, with sales increasing at a rate ...

Emerging Markets : FTSE Indexes Add Frontier Markets

NEWS     FTSE Group has extended its Global Equity Index Series to include 23 frontier markets, including such countries as Bangladesh, Botswana, Tunisia and Vietnam. “Frontier equity markets today represent more than $1 trillion in capitalization and are becoming ...

Emerging Markets : Zimbabwe’s Zero-Sum Game

AFRICA     All change: Zimbabwe's coins have value again. With hyperinflation eroding the nation’s economy, Zimbabwe’s government is taking desperate measures. It lopped off 10 zeros from the Zimbabwe dollar, as inflation is now running at 2.2 million percent ...

The World's Best Investment Banks

TCM Guide : Paper Cuts

ELECTRONIC INVOICING   Watkinson: RBS has created an open e-invoicing solution in an attempt to make it user-friendly for customers. At the height of the dot-com boom, anyone attending the multitude of technology summits touting the next big “disruptive technology” ...

TCM Guide : Proving Ground

BANK RELATIONSHIP MANAGEMENT   How banks treat their customers through the current hard times will define their relationships for years to come.   Moinian warns corporates to be cautious: "Banks in trouble are offering extremely good rates". A wave of ...

TCM Guide : The Bigger Picture

LIQUIDITY MANAGEMENT   Corporate treasurers are fully reviewing all of their liquidity structures and relationships to ensure maximum efficiency, best access to credit and best returns on excess cash.   Rossi: We have seen a number of our large corporate ...

Milestones

Milestones : Europe’s Ipo Market Slumps

EUROPE     Blowout: EDP Renováveis' stock tumbled more than 20% after its IPO With equity capital markets bankers in the Europe, Middle East and Africa (EMEA) market focused on massive rights issues to recapitalize their peers in recent months, ...

Milestones : Rating Downgrade Bucks Local Trend

ARGENTINA   Don't cry for me: Kirchner's woes deepen as inflation accelerates. While Peru and Brazil crossed the investment-grade threshold this year, Argentina is moving in the opposite direction. Ratings agency Standard & Poor’s downgraded Argentina’s foreign and local long-term ...

Corporate Finance

Newsmakers

Newsmakers : Calderón Aide Takes Top Economy Job

MEXICO     Mexico's president Felipe Calderón is hoping Ruiz can help get the economy back on track. Faced with the fallout from the US economic slowdown, Mexico’s president, Felipe Calderón, appointed former businessman Gerardo Ruiz to the country’s top ...