EDITOR'S LETTER: STAGNATION AND SINGLE-ENGINE GROWTH
This may be the Year of the Goat in the Chinese calendar, but so far 2015 looks more like the year of major economic surprises.
Andrea Fiano
2015
CFO INTERVIEW: MURAT ERDEN, TURKCELL
Global Finance sat down with Murat Doğan Erden, Turkcell Group’s chief financial officer, to discuss the economic and business outlook for Turkey and the challenges confronting Turkish corporates.
EDITOR'S LETTER: OIL PRICE DECLINE AND ITS SPILLOVER EFFECTS
When we chose oil as the subject of this month’s cover story, we had no idea how fast and dramatic the drop in oil prices would be...
2014
EDITOR'S LETTER: REDEFINING EMERGING MARKETS
For many years Global Finance has regularly covered emerging markets and frontier markets. This annual issue of the magazine, which is focused on the EM, goes a bit further. We analyze these markets regionally, but we also question the prevalent definition of emerging markets.
NAVIGATING SAFELY
This issue of the magazine focuses primarily on the safest banks: those globally and in emerging markets, but also in each one of nearly one hundred countries.
THE IMF OLYMPICS
Dear Reader
The annual meetings in Washington, D.C., of the IMF and the World Bank afford a unique mix of events where economic forecasts are made, meetings held, official statements delivered, and award ceremonies (including Global Finance's Best Banks) conducted.
Trade Documentation Solutions To Drive EM Trade Growth
Inside Sibos | Review
From a product perspective, a key area of commitment is related to trade documentation: “We have been active in this area for many years and it is undergoing transformation. I am convinced that BPO [bank payment obligations] will have success..."
Seeing Opportunity In Obstacles
Inside Sibos | Day 3
“Global Transaction Banking is the fastest growing unit in Société Générale,” says Christian Behaghel, head of GTB at Societe Generale. “It is a very stable business, and while we generate something like 6% of the total revenue of the bank, we are experiencing growth of our revenue of 10-15% a year.” This compares, he says to some areas of retail banking that have 0-2% growth a year.
The Future Of Banking—Italian Style
Inside Sibos | Day 2
“Honestly I am here more to learn than for any other reason. And to understand what the banking system can become,” notes Antonio Patuelli, president of the Italian Banking Association, discussing SWIFT’s Sibos conference in Boston.
Treasury In An Integrated World
Corporate Forum | Treasury In An Integrated World
SWIFT’s Sibos conference is certainly the place where banks and financial services firms showcase their solutions and meet clients—both during the conference and at the trade show. And in the Corporate Forum, one of the conference streams which will take place on October 1 and 2, the focus is even more precise.
PUTTING THE BREAKS ON GLOBAL TRADE
DEAR READER
Do ongoing conflicts and increasing geopolitical tensions represent a threat to globalization, or are they simply redesigning the map of the world?
ECONOMIC AFTERSHOCKS
DEAR READER
Geopolitical instability seems to be everywhere these days, whether we look to North Africa and the Middle East or Eastern Europe, to Southern Asia or Southeast Asia, and it weighs on financial markets and policymakers worldwide.
EDITOR'S LETTER: SANCTIONS AND GLOBAL DEALS
DEAR READER
The return of growth in most of Europe and the renewed leadership of the US in economic advancement should not distract from critical developments in some of the major emerging economies.
THE RISING POWER OF CENTRAL BANKS
Over the past few years, thanks in large part to quantitative easing, we have witnessed the enormous effect that monetary policies have on the world economy.
Roundtable: Taiwan
ROOM TO GROW Moderated by Andrea Fiano At a roundtable in Taipei, Global Finance brought together key figures in Taiwan’s banking and finance industry to discuss the emergence of the country as an offshore renminbi center and other regional economic ...
Editor's Letter: Diplomacy And Trade
APRIL 2014 | VOL. 28 NO. 4 As we write, the Ukrainian crisis is in full swing, and the outcome is impossible to predict. What we have seen so far demonstrates not only the need for global trade treaties but ...
Editor's Letter: The Fed And Emerging Frailties
DEAR READER MARCH 2014 | VOL. 28 NO. 3 Not all emerging markets are equal. It may sound obvious, but these days it is worth repeating, as some emerging markets are suffering serious outflows of foreign capital that undermine their ...
Editor's Letter: Is The Future MINT?
DEAR READER FEBRUARY 2014 | VOL. 28 NO. 2 In 2001, Jim O’Neill, then chief economist and head of asset management at Goldman Sachs, created the acronym BRIC (which became BRICS later on with the addition of South Africa) to ...
Editor's Letter: Evolving Landscape
DEAR READER JANUARY 2014 | VOL. 28 NO. 1 Janet Yellen steps in as the new chair of the Federal Reserve at a precarious moment. The Fed tapering announced in December will have a huge impact on markets around the ...