Global news and insight for corporate financial professionals
Global Finance has announced its 29th annual ranking of the World’s Safest Banks. All of this year’s rankings are gathered on the landing page linked here, as well as a video with a full description of the methodology used for the World’s Safest Banks rankings and a look at 2020 trends, featuring Global Finance’s editor Andrea Fiano.
While fintech was meant to democratize economic power, unconscious biases drove innovation and solutions were designed to generate revenue rather than improve everyone's lives.
Under the shadow of the pandemic, SWIFT has embarked on a revamp of its underlying technological infrastructure, which may be reliable, trusted and relatively secure, but is no longer fit for purpose in a highly interconnected and sped up world.
Central banks in countries like Sweden, China, the UK, Uruguay, West Africa, Japan, Singapore, and France are piloting or experimenting with digital currencies.
According to a recent McKinsey research report, more than 60 percent of the population of sub-Saharan Africa are smallholder farmers, about 23 percent of sub-Saharan Africa’s GDP comes from agriculture and that Africa could produce two to three times more cereals and grains, which would add 20 percent more cereals and grains to the current worldwide 2.6 billion tons of output. Similar increases could be seen in the production of horticulture crops and livestock.
NewCo will free the parent to soar in cloud services, IBM says.
COO Jim Farley will become Ford Motor Company’s CEO in October, succeeding Jim Hackett.
TikTok’s future depends largely on the outcome of the tug-of-war between US and Chinese governments.
UK Attorney General Suella Braverman supported the Johnson government’s attempt to backpedal on its 2019 withdrawal agreement with the EU.
Ping An Bank’s ambitious and innovative strategy to transform its retail business made the bank a digital banking leader in only four years and created a “finance+” ecosystem that redefined retail banking.
The creation, development and implementation of central bank digital currencies (CBDCs) is beginning to look inevitable.
Despite living in the most peaceful century in human history, the world has become less peaceful over the last decade.
The world’s richest families are looking to real estate and private equity as they flesh out post-Covid investment strategies.
A bleak feeling looms over the upper class as the coronavirus pandemic drags on.
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Islamic finance is a fast-growing $2 trillion industry, yet many finance professionals do not know halal from haram. Global Finance's series on Islamic finance explains.