VOLATILE TIMES: GETTING A GRIP ON RISK By Rob Daly Corporate treasurers now have ever-more-sophisticated tools to help get a handle on currency exposures and manage increasingly volatile FX market risk. “It has been interesting times for currency exchange rates,” ...
Global Finance’s annual list of the most important players in forex. By Gordon Platt BMO Capital Markets CJ Gavsie Managing director and global head of foreign exchange products and China capital markets Gavsie is responsible for BMO’s global foreign exchange ...
The foreign exchange market, the largest asset class in the world, is continuing to grow and evolve. Globally, FX trading averaged $5.3 trillion a day in April 2013, up from $4 trillion per day in April 2010 and $3.3 trillion ...
CORPORATE FINANCING NEWS By Gordon Platt A cyclical economic recovery is under way in the UK and the eurozone, but it won’t be strong enough to boost the euro against the dollar, analysts say. They expect the ...
MILESTONES By Thomas Clouse Cambodia’s prime minster Hun Sen and his Cambodian Peoples’ Party will remain in power, following a closely contested and controversial election on July 28. According to preliminary results, the CPP won 68 of 123 ...
AT HAVEN’S END? Multinational corporations could have a much more difficult time shifting profits to low-tax jurisdictions—and deductions to high-tax ones—under new OECD rules. When Apple CEO Tim Cook testified in defense of the computer giant’s tax practices on Capitol ...
CORPORATE FINANCING NEWS By Gordon Platt The Federal Reserve is expected to gradually cut back on its bond purchases, becoming the first of the major central banks to do so. The divergence in US monetary policy from those ...
Ever since the financial crisis, when political stalemate enveloped the planet and the fate of the global economy seemed to rest in the hands of the Ben Bernankes and Mario Draghis of the world, central bankers have found themselves in ...
If you attended to the teeth gnashing and handwringing following the Federal Reserve's announcement that it is considering a gradual slowdown of quantitative easing, then you would be hard-pressed not to believe it is the end of days for emerging ...
REVEALING INNOVATION By Rebecca Brace A number of new technology solutions building a presence, thanks to SWIFT’s annual start-up challenge, hold the promise of making life easier in corporate treasury and financial management. There are plenty of ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt Volatility has returned to the currency markets, as participants weigh the likelihood that the Federal Reserve could dial back on its purchases of bonds if the US economy improves. A relatively ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The dollar strengthened following a surprisingly strong US employment report for April, while the European Central Bank cut rates and hinted at more monetary policy easing to come. Analysts say the US ...
BRIGHT STARS By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt Following a year that included some of the biggest scandals in banking history—the London Whale, the Libor rate-fixing scandal, widespread money laundering, insider trading, rogue trading and ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro slumped to a four-month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications for other countries on the periphery of the eurozone. ...
The extraordinary monetary moves of Haruhiko Kuroda, the new governor of the Bank of Japan, have dominated economic commentaries for the past few weeks...
ENGINEERING THE NEW TURKEY By Justin Keay Major infrastructure investments and improved economic strength are just two of a number of positive developments to come out of Turkey in the past year. Ankara stunned investors in February ...
MILESTONES: EMERGING MARKETS By Erik Heinrich The BRICS (Brazil, Russia, India, China and South Africa) countries have agreed to set up a development bank to better serve their economic needs and reduce their reliance on Western financial institutions. The ...
MEETING POINT By Dan Keeler Panama is working hard to become the dominant corporate hub in Central America. With its stable and open economy and its uniquely favorable location as the bridge between North and South America, ...
CHANGE IS AFOOT By Paul Mackintosh Central & Eastern European countries are trying hard to differentiate themselves from their southwestern neighbors. Corporates in the region are dealing with a new playing field as many assets once owned by ...
NO LONGER JUST A GAME? By Ronald Fink The recent spate of currency devaluation will start to have a serious impact unless global leaders focus on economic fundamentals, rather than figments. The yen is down 25% against ...