Global news and insight for corporate financial professionals
Cool Hand Lula He may be frustrating his more radical colleagues, but Brazil’s President Lula is achieving remarkable success with his delicate balancing act. Each of the three times Luiz Inácio “Lula” da Silva ran for president, his leftist platform ...
Eighteen months ago a group of leading project finance banks adopted the Equator Principles. They are now under attack from critics who claim the banks were more interested in profits and PR than in principles. On June 4, 2003, 10 ...
Buoyed by strong demand for its commodities exports, Mongolia’s economy and its financial markets are beginning to show increasing strength. It gets awful cold round this time of year in Mongolia. The temperature drops to 30 below freezing and stays ...
Experts in global custody gathered at Global Finance’s offices to discuss the challenges and opportunities in their markets. GLOBAL FINANCE: There are new and more powerful forces pushing consolidation today. What impact will this have on your business and your ...
Financing programs provided through the Illinois Department of Commerce and Economic Opportunity’s Business Development Finance Division Population: 12.6 million Illinois Department of Commerce and Economic Opportunity 100 W. Randolph, Suite 3-400 Chicago, IL 60601 Phone: 312-814-2811 Fax: 312-814-3032 www.commerce.state.il.us Contact: ...
The Great Lakes region of America’s Midwest is remodeling itself as a hightech powerhouse in an effort to draw much-needed investment. In the first of a quarterly series that will look at regional economies across the United States, Global Finance ...
In the second of a two-part series, Global Finance identifies the best corporate and consumer Internet banks globally, regionally and by major sub-category, such as website design and cash management. As the major global and regional banks that got started ...
The use of derivatives is skyrocketing as more corporations are discovering their capabilities for risk management. In our first annual awards we recognize the derivatives providers that companies and analysts most respect. Volumes in the global derivatives markets continue to ...
Clouds Gather As Gdp Growth Eases BRAZIL Despite positive news surrounding Brazil’s economic recovery, analysts predict the boom will soon be tempered. GDP growth, likely to end 2004 at 4%-4.5%, is expected to come in at a more modest 3.5% ...
The use of derivatives is skyrocketing as more corporations are discovering their capabilities for risk management. In our first annual awards we recognize the derivatives providers that companies and analysts most respect. Volumes in the global derivatives markets continue to ...
The Americas Anyone who has called a US bank’s call center recently has heard the ever-popular command of “Press 1 for English, Press 2 for Spanish.” It seems banks have finally discovered the US Hispanic market. The 40 million Hispanics ...
FOCUS There has been a noticeable pick-up in cross-border mergers and acquisitions in recent months that could signal the beginning of a sustained rise in international takeovers, bankers and analysts say. In October alone, there were six major M&A; transactions ...
The dollar fell to an all-time low against the euro in November, even as the US employment picture improved and the stock market rebounded. Dealers and analysts say sentiment has turned extremely sour on the greenback amid increasing concern about ...
Ford Motor’s first eurodenominated benchmark bond issue of 2004 rolled across the finish line in somewhat dented shape last month. The US automaker was forced to reduce the size of the issue from an originally planned €1 billion to €750 ...
The issuance of new stock issues has picked up sharply worldwide in the past few months, raising hope among investment bankers that the equity side of their business is warming up. For the first time since 2000, the annual global ...
Eighteen months ago a group of leading project finance banks adopted the Equator Principles. They are now under attack from critics who claim the banks were more interested in profits and PR than in principles. On June 4, 2003, 10 ...
UNITED KINGDOM The IFC refutes claims that its review of environmental and social safeguard policies constitutes a watering down of current standards and that the consultation process is “deeply flawed.” In an effort to make its current safeguard policies, which ...