ADAPT TO SURVIVE
By Michael Shari
A unique banking system long revered as a safe haven for the world’s tax dodgers now faces gut-wrenching transformation in order to endure.
For centuries Swiss banks have thrived on absolute secrecy, accepting ...
GAZPROM DOUBLES PROFITS AS IT PREPARES FOR “EFFICIENCY” AUDIT
By Kim Iskyan
Gas giant Gazprom reported that net profit doubled in the third quarter of 2012, thanks to forex gains.
The results came just days after the government announced that ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE
By Gordon Platt
The euro was the star of the major currencies in January, as it soared to a 14-month high against the dollar and a 33-month high against the Japanese yen.
Its strength reflects ...
VIVID LANDSCAPE IN FOREST PRODUCTS
By Antonio Guerrero
Despite currency volatility and slowing demand from China and Europe, Brazil, Chile and other key Latin American markets continue to churn out wood pulp for export, and the sector is seeing increased ...
STAKING ITS CLAIM
By Dan Keeler
A history of stability, a growing middle class and a rapidly expanding economy are among the key assets of this West African gem.
|
| Photo Credits: REUTERS / YAW BIBINI |
Ghana has long been considered one ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE
By Gordon Platt
Central bank policies could create some interesting opportunities in the foreign exchange markets in 2013, despite what could be a slow-growth environment, analysts say.
“We expect the newly elected Japanese government to ...
MILESTONES: AFRICA
By Alfred Sayila
With member states’ foreign exchange reserves reaching a record $112 billion in 12 years, countries in the Common Market for Eastern and Southern Africa (Comesa), Africa’s leading trade body, may soon have a cheap ...
RESISTANT TO CHANGE
By Gordon Platt
Saudi Arabia is working hard—and spending heavily—to diversify its economy and create jobs for its expanding population through a broad-ranging series of reforms. But these reforms are ruffling feathers in some quarters ...
BUILD OR BUY?
By Rebecca Brace
As regulation and competition in the transaction banking space spur higher levels of technology investment, banks and vendors have found new ways of working together.
The demands on global transaction banks for technology investment ...
THE BIG GET BIGGER
By Gordon Platt
The biggest FX banks are increasing their share of a shrinking market, amid low volatility and despite a speed bump for high-frequency traders.
As global interest rates converge at a low level and ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE
By Gordon Platt
The yen took a nasty tumble last month, shaking the sleepy foreign exchange market out of a long slumber.
While the attention of market participants was focused on the European debt crisis ...
MILESTONES: US/GLOBAL
By Gordon Platt
The US Federal Reserve wants foreign banks with large operations in the US to be subject to the same rules on capital and liquidity that apply to big US banks.
|
|
Tarullo wants foreign banks ... |
UNCHARTED WATERS By Denise Bedell At SWIFT’s annual Sibos conference in October, corporates were treated to a range of presentations on topics as diverse as reference data, BPOs and Asian treasury centers. The corporate stream at Sibos this year was ...
BARRIERS TO ENTRY
By Antonio Guerrero
Though its economic growth may be stalling, Brazil is still an attractive destination for investors. But the recent imposition of tariffs on certain imports has sparked an international ruckus.
For several years now, the ...
MILESTONES: SLOVENIA
By Valentina Pasquali
With all eyes on the much larger Spain and Italy, Slovenia might actually turn out to be the next eurozone country in line for a bailout.
|
|
Bets are on as to whether Slovenia will require ... |
WHO’S WHO
By Gordon Platt
Global Finance ’s annual list of Who’s Who in Foreign Exchange
Mohamed El Aroussi
Arab African International Bank
Chief dealer and head of FX desk
El Aroussi, chief dealer at Arab African International ...
MILESTONES: IRAN
By Michael Shari
The collapse of Iran’s currency, the rial, has cut so deeply into the credibility of Iran’s government that it’s inching closer to regime change than it has been since a popular uprising ...
TURKISH DELIGHT
By Justin Keay
Turkey's economy is one of the few in Europe experiencing positive growth, but as the pace of economic reform slows and a rising current-account deficit looms, pundits are beginning to ask, has complacency set ...
DIFFFICULT CHOICES
By Antonio Guerrero
African oil producers stand to benefit from continued sanctions on Iranian oil exports. But their path is not without challenges.
As the US and EU tighten the screws on Iran, imposing sanctions on Iranian oil ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE
By Gordon Platt
The euro rebounded to a two-month high in early September, as European policymakers approved a plan to lower borrowing costs for debt-laden members of the euro area through open-ended purchases of bonds ...
