Central Bankers Eye A Return to Normal

The rosier outlook gives central banks a chance to return to more traditional policies after endless cycles of easing. The US Federal Reserve (Fed) is likely to stick to its plan of slowly increasing interest rates, and the European Central Bank (ECB) could follow suit.

The Innovators 2017

The Innovators 2017

Global Finance magazine's anniversary special issue on Innovation includes our awards for top Innovators in Finance of 2017, as well as a look back at the top innovations of the last 30 years and a look ahead to what the future of finance portends. 

#3 Ecommerce

#3 Ecommerce

Ebay leaders Meg Whitman, Bill Cobb, and Rajiv Dutta at an eBay Live event in 2007. Photo by eBay co-founder Pierre Omidyar. Ten years before Jeff Bezos left a New York hedge fund to start selling books over the Internet ...

Chain Of Crude

Global Finance talks with Arnaud Stevens, Frédéric Dalibard of Nexitis, and Luca Comparini of IBM about blockchain technologies and commodity trade finance.

#10 Microfinance

Although its successes have been less far-reaching than hoped by some of its proponents, it does provide a response to the challenges to helping the impoverished gain access to financial services to increase their incomes and financial stability.

Equity Forever

Damian Glendinning, Lenovo’s treasurer, explains why the world’s biggest PC maker opted for a dual-tranche financing transaction using a perpetual security.

#6 Asset-Backed Securities & Exotic Derivatives

​ Professor Michael Greenberger testifying, in 2010, at a Congressional inquiry into the causes of the 2008 financial crisis. The 1980s ushered in an era of exotic financial products that were hailed for fostering new ways to manage risk.

#4 ETFs

#4 ETFs

    Nathan Most, at the Amex, and Kathy Cuocolo, at State Street, were key players in the creation of SPDRs. 

The Need For Speed

Do you have five milliseconds? Innovation has been fast and furious in the foreign-exchange market in the past year. 

#7 Online Trading Platforms

The story of online trading platforms really starts May 1, 1975, when the Securities and Exchange Commission broke the Wall Street cartel and eliminated the practice of fixed brokerage commissions.

Trade Finance Getting Its E-Legs

Processes that have changed relatively little over hundreds of years in trade finance are being catapulted into the 21st century, due to significant advances in data analytics, digitization and shared ledger technology. Once a forgotten backwater of transaction banking, trade ...

#2 Mobile Payments

Starbucks generates 27% of its US sales via mobile payments, as consumers opt for contactless coffee. While there were efforts to provide banking through cell phones in the late 90s, the transition, around 2007, from cellphones to smartphones—with their expanded ...

#9 Blockchain

First developed in 2008 by Satoshi Nakamoto—whose identity remains a mystery—as a public ledger for all bitcoin transactions, blockchain is now outshining the cryptocurrency it underpins as it offers banks and others the benefits of a distributed ledger, i.e., an ...