Governance, Regulation & Compliance
As the commercial world becomes more litigious, individuals and corporations are increasingly hamstrung from pursuing justified legal claims by a lack of liquidity or other means of financing.
While Latin American economies are expected to shrink by roughly 1% this year, Mexico is slated to grow 2.2%.
The banking industry’s leading lights have largely adjusted their business plans to a world of tighter regulations, higher capital requirements and less leverage. Now, they are taking on new competitors by embracing the very information technology that has disrupted their business.
On May 9, voters in the Philippines will elect a new president amid growing concerns over whether the strong legacy of president Benigno Aquino III will continue.
US: At 42, he is a former banker, a former bailout czar and a former politician. He wants to persuade the public, from Wall Street to Main Street, that large banks pose a risk to the economic system. The risk is too high, he says, and must be eliminated—surely not a minor feat, not even for one of the presidents of the mighty Federal Reserve.
Jim Rossman is managing director of the corporate preparedness group at Lazard, the M&A advisory and asset management giant. A former M&A lawyer at Cleary Gottlieb Steen & Hamilton, Rossman talked with Global Finance about how to fend off hostile takeovers—mainly in the US, but also in Europe and emerging markets.
By any measure QNB has major ambitions. It is the largest bank in Qatar and one of the leading financial institutions in the Middle East and Africa. It does not stop there. QNB has set its sights on becoming a global bank by 2030. QNB’s group chief executive discusses with Global Finance the regional downturn, success in Africa and its plans for a global presence.
A Conversation with Dan Wachtler, President and CEO of IPSA International on the challenges of Anti-Money Laundering for Banks & Corporates and the growing role of foreign governments.
The question this year for investors in China is whether the government will continue moving toward a free-market economy—or keep grabbing the wheel.