Financial innovation on the rise in nations where cryptocurrencies and related technologies are regulated rather than banned.
Governance, Regulation & Compliance
The few corporations that have embraced cryptocurrencies tend to be small or troubled. However, spinoff technologies from digital currency such as blockchain are likely to play a major role in corporate finance and international banking.
Newly merged DowDupont will soon split into three publicly traded companies and the largest of the three will be overseen by CEO Jim Fitterling.
The latest tax and regulatory reforms in the US are intended to woo more corporate investment from abroad, but they offer both pros and cons that vary widely from sector to sector.
Lack of transparency, including an inability to identify who would control the exchange, sink economically modest but politically heated transaction.
To get around sanctions, Venezuelan president Nicolas Maduro is issuing an oil-and-reserves-backed cryptocurrency. If it succeeds, the ICO should provide the government with access to $6 billion. But cryptos are dicey.
External regulation and internal economics curb Beijing's appetite for investing around the globe.
Nobuaki Kurumatani, a former banker experienced in restructuring distressed companies, will be the first outsider to run the electronics giant in more than 50 years.
FTSE announced Kuwait’s forthcoming addition to the Secondary Emerging Markets list last September. What’s happened since?
Salah Al-Fulaij, CEO of NBK-Kuwait, shares thoughts with Global Finance about competition, Kuwait’s growth prospects and the pressures of global regulation.
Asset valuation is one of a chief financial officer’s core functions. CFOs are regularly asked about the value of a company’s shares, assets and subsidiaries, as well as that of companies and assets targeted for potential acquisition. Yet increasingly, companies ...
Countries like Algeria, Morocco, Bolivia, Ecuador, Kyrgyzstan, Nepal and Bangladesh have all issued bans—or at least begun the process—on bitcoin and other alternative currencies, in order to stamp out tax evasion and irresponsible trading.
The Paradise Papers leak prompted yet more indignation about corporate tax avoidance, and cash-strapped governments claim to be tackling the issue. What will it mean for corporates?
The Basel III rules aim to decrease bank leverage and increase liquidity. In addition to capital efficiency, the rules also institute stress testing and standardize market liquidity risk.
The repeal of net neutrality sparked immediate political response from consumers, but its impact on business will be complicated, and take time to unfold and to absorb.
Jerome Powell is President Donald Trump’s nominee to replace Janet Yellen as chair of the US central bank. He will start his tenure in February 2018.
Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
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.