Magazine Cover

Cover Story

Preparing For Basel III

COVER STORY: MISSING PIECES   By Michael Shari   Corporations are adding up the costs—and looking at alternatives to increasingly expensive banking services.   It would be hard to find a multinational corporation with a firmer grip on the intricacies ...

Features

Special Report: Equity Derivatives

FOCUS: TRADING SHIFTS TO EXCHANGES By Gordon Platt New rules to reduce systemic derivatives market risk and increase transparency are still evolving. As regulators on both sides of the Atlantic struggle to come to grips with new derivatives trading rules, ...

Award Winners

The World's Best Internet Banks Round 1

ANNUAL SURVEY: GOING MAINSTREAM   By Adam Rombel   In the first of a two-part series, Global Finance identifies the best online corporate and consumer banks.   Internet banking is no longer just an alternative channel. In the first of ...

Emerging Markets Roundup

Emerging Markets Roundup: Africa

CHINESE INVESTMENT BOOSTS SIERRA LEONE IRON ORE SECTOR   By Antonio Guerrero   China’s Shandong Iron & Steel Group (SISG) takes a 25% stake in Britain’s African Minerals.   Sierra Leone’s iron ore output is becoming the country’s key export ...

Emerging Markets Roundup: Brazil

TAX BREAK PLAN TO PROVIDE RELIEF FOR MANUFACTURERS   By Antonio Guerrero   The Brazilian government unveiled a $25 billion plan to provide relief to domestic producers.   Tax breaks to help beleaguered Brazilian manufacturers Responding to concerns from local ...

Emerging Markets Roundup: China

OVERHEATING EASES, BUT DEMAND IMBALANCES REMAIN   By Thomas Clouse   Chinese overheating is finally slowing.   Rising food costs hit consumer price index Chinese overheating is finally slowing after numerous interest rate increases and other policies were enacted to ...

Emerging Markets Roundup: India

CENTRAL BANK CHOOSES SLOWER GROWTH OVER HIGHER INFLATION   By Aaron Chaze   The Reserve Bank of India (RBI) has become the most proactive central bank in Asia for monetary tightening.   Indian stock exchanges are performing poorly in 2011 ...

Supplements

Treasury & Cash Management Supplement

MOBILIZING EXCESS CASH   At most cash and treasury management conferences these days, treasurers are concerned with one of two things: ensuring they play a more strategic role within companies above and beyond managing a piggy bank of money; and ...

Treasury & Cash Management Supplement: TCM Directory

DIRECTORY   A listing of TCM service and solution providers   Banking Service Providers Bank of America Merrill Lynch CONTACT: Paul Simpson, Head of Global Transaction Services EMAIL: gcbkmarketing@bankofamerica.com www.corp.bankofamerica.com/business/bi/global   ING Area of focus: International Cash Management Email: Commercial@ing.lu ...

Country Report

Country Report: Russia

THREATENING THE ECONOMIC RENAISSANCE   By Kim Iskyan   Political uncertainty and continued dependence on oil exports are casting a pall over growth prospects in Russia.   On the surface, Russia looks to be on the rebound. The macroeconomic situation ...

Country Report: Spain

UPHILL BATTLE   By Antonio Guerrero   Spanish banks are struggling to regain momentum in the face of a sluggish economy and the need for further restructuring.   Three years after Spain’s decade-long real estate bubble burst, the country’s banks ...

Milestones

ASEAN Moves Closer To Political Cohesion

MILESTONES: ASIA By Thomas Clouse The Association of Southeast Asian Nations took another step toward political cohesion in late July, agreeing jointly with China to nonbinding guidelines for settling competing territorial claims in the South China Sea. South China Sea—still ...

Corporate Finance

FX: Euro Rebounds As EFSF Expands

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The EU summit in July not only reached agreement on a second bailout program for Greece, but just as significantly, it gave the European Financial Stability Facility (EFSF) the ability to respond ...

Newsmakers

Kulibayev Front-Runner In Kazakhstan Succession

NEWSMAKERS: KAZAKHSTAN   By Kim Iskyan   Talk of who might replace Kazakhstan’s president Nursultan Nazarbayev—who has ruled the oil-rich Central Asian country since 1989—has long been taboo in the country’s political circles.   With Nazarbayev’s blessing Succession uncertainty has ...

Lagarde Prepares To Put Her Stamp On The IMF

NEWSMAKERS: GLOBAL   By Gordon Platt   Christine Lagarde will be under the microscope at the International Monetary Fund’s annual meeting in Washington on September 23–25.   Lagarde: Wants relevant, credible and effective IMF The silver-haired woman the French like ...

LSE’s Rolet Between A Rock And A Hard Place

NEWSMAKERS: UNITED KINGDOM   By Anita Hawser   Xavier Rolet, the London Stock Exchange’s CEO, must have breathed a sigh of relief when the European Commission announced in early August that it would investigate the proposed merger between Deutsche Börse ...