Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
Governance, Regulation & Compliance
As the January deadline draws closer, realities of surviving in the post PSD2 are starting to dawn on banks.
The proposal includes review of additional categories of transactions, such as nonpassive investments in critical technologies or infrastructure companies.
As shariah-compliant vehicles gain traction, the agencies are increasingly willing to rate Islamic banks.
The company's steel, aluminium and copper products are used by over 500 Japanese and global firms including the likes of Nissan, Toyota, Boeing and General Motors.
The utopian vision of open banking dreamed up by the European Commission when it drafted the PSD II regulation is unlikely to emerge from day one of implementation.
Richard Nephew, a former principal deputy coordinator for Sanctions Policy at the US Department of State who now teaches at Columbia University, visited Global Finance to discuss economic sanctions, their effectiveness, and why corporate finance leaders should care.
UK regulators are probing the behavior of Barclays CEO Jes Staley for his efforts to unmask a whistleblower, raising issues of confidentiality, liability, culture and honesty throughout the banking industry.
Auditors may have suffered a reputational crisis in the wake of recent corporate financial scandals; but using artificial intelligence and data analytics, the profession hopes to reinvent itself.
CSX is only the latest example of shareholder activists pushing for change in leadership.
Expectations for lower corporate taxes and an easing of regulatory pressure on the finance industry under President Donald Trump bode well for midsize regional banks and their commercial clients across the US. Will those expectations be met or dashed?
Former Canadian trade minister Chrystia Freeland will head the Foreign Ministry.
Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trump on January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.
CFOs are now so consumed by the need to meet expanding compliance requirements, they’re finding it harder to focus on big-picture strategy.
India's demonetization drive is having huge impact on India’s $ 2.2 trillion economy, wreaking havoc on business operations.
The Coca-Cola Company, one of the most identifiable international brands in the world, is changing its leadership.
London’s financial sector is likely to lose business—but to whom, and how much? Other European nations are courting UK-based finance operations.
To those who thought the UK Brexit vote would be the biggest surprise of 2016, the American voters sent an even bigger shock.
Political turmoil is roiling markets abroad and at home, yet observers say fundamentals should leave the country well-placed to draw FDI when sunshine returns.
According the World Bank Group’s Ease of Doing Business Index for 2017, a record-breaking 137 nations out of 190 have implemented key reforms to deregulate their economies.