Capital Markets | Middle East Equity
The Middle East is experiencing a boom in initial public offerings, following years of relative inactivity since the global financial crisis. The area’s IPO markets began to recover in the fourth quarter of last year, and new share issues are now coming at a fever pitch, despite falling oil prices that could threaten regional economies.
NEWSMAKERS | SPAIN
Less than 24 hours after the sudden death, in September, of her father Emilio Botín, widely recognized as one of the shrewdest, most successful bankers in modern history, Ana Patricia Botín was unanimously named by the board to take the helm of Banco Santander, an institution that has been under the control of her family for three generations.
TRENDS | US BANKING
TREASURY & CASH MANAGEMENT | GLOBAL TRANSACTION BANKING
With transaction banks in a state of global change, what is the impact for corporates?
TREASURY & CASH MANAGEMENT | GLOBAL FINANCE CASH 25
The Global Finance Cash 25 ranks public companies by cash, cash equivalents and short-term securities on their balance sheets. Data is gathered from more than 70,000 public companies worldwide. It is a ranking of nonfinancial corporations—we exclude financial institutions from the list.
TREASURY & CASH MANAGEMENT | PAYMENTS: POST-SEPA
The SEPA migration deadline may have passed, but most companies have yet to gain the full benefits offered by the Single Euro Payments Area initiative. Now would be a good time for treasurers to ask how they can get more out of their SEPA investments.
In its 2013 report to Congress, the Export-Import Bank of the United States says that its “overriding mission is to create and sustain American jobs by supporting US exports.” But that very mission is under threat, with House Financial Services Committee chairman Jeb Hensarling, among others, seeking to abolish the bank.
TRENDS | SNAPSHOT: PANAMA
TREASURY & CASH MANAGEMENT | REAL-TIME PAYMENTS
A delay in the rollout of the China International Payments System looks to be only a temporary hiccup in the renminbi’s unfolding internationalization.