
Decentralized Social Media Finds A Foothold
Companies may face too many options for brand messaging.
Global news and insight for corporate financial professionals
Companies may face too many options for brand messaging.
The war on inflation has not yet been won, but central bankers are winning. And the negative impact has not translated into lower economic growth or recession.
Better UX and efficiency fuel digital banking growth.
In the past 15 years, global peacefulness has fallen by more than 3%. Old and new conflicts, the pandemic and our political and cultural polarization are the main culprits.
Global Finance editor Andrea Fiano interviews Ásgeir Jónsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th.
AFTER THE TURMOIL: WHAT COMES NEXT? By Jonathan Gregson, Justin Keay and Vanessa Drucker How the European Union will look in 2020 is unclear. Whether it will see tighter union, a tiered eurozone, or will cease to exist ...
ASIA'S BANKS ON THE WAY UP By Michael Shari Asian investment banks are starting to edge out their top-ranking American and European competitors as global investors take risk off the table in Asia. China International Capital Corp ...
Shifting Trade Flows And The New Consumer By Dan Keeler Fast-growing trade between BRIC countries has been fueled by an expanding middle class. Western rivals face stiff local and regional competition in building emerging markets growth. A ...
RESTORING TRUST By Paula Green Custodians are dealing with the impact of major regulatory reforms and a loss of confidence in investors' services safety after the devastation of the MF Global debacle. The expanding web of government ...
KEEPING IT VANILLA By Vanessa Drucker Corporate users of equity derivatives continue to seek out simple, transparent products. Until regulatory overhaul is complete, this tack is unlikely to change. The ripples from the 2008 financial crisis continue ...
SOWING SEEDS OF CHANGE By Anita Hawser The Arab Spring heralded the beginnings of reform and showed the growing importance of social media in enabling communal action. The telecoms sector in the Middle East has been forever changed ...
CARD TRICKS By Denise Bedell Advanced card solutions are helping companies extend working capital cycles while improving suppliers' cash flow. The drive to automate payments has been a long-term trend, pushed further by the global financial crisis ...
ANNUAL SURVEY AND AWARDS: LIQUIDITY AND REGULATIONS SQUEEZE TRADE FINANCE By Gordon Platt The global economy is threatened by a shortage of financing for international trade, as banks reassess their business models. The availability and cost of ...
By Gordon Platt BEST TRADE FINANCE BANKS 2012: REGIONAL WINNERS AMERICAS Citi Citi's trade finance business set records across the board in 2011, as all of the pieces seemed to fall in place for the bank. "We were ...
'RUSSIAN GOOGLE' BUYS SOFTWARE FIRM TO BOOST MOBILE OFFERINGS By Gordon Platt Yandex, the leading Internet search engine in Russia, with a 63% market share, purchased SPB Software last November to increase its mobile services. Yandex has ...
EMERGING MARKETS INVESTOR: DR NEWS By Gordon Platt BNY Mellon set up unsponsored American depositary receipt (ADR) programs for two Thailand-based companies in December, Thai Airways International, the national carrier of Thailand, and BEC World, a television broadcasting ...
EMERGING MARKETS INVESTOR: NEWS By Gordon Platt The BRIC countries—Brazil, Russia, India and China—now contribute more than half of the world's economic growth, while the broader emerging markets provide more than 70% of current global growth. Growth ...
NIGERIA BUILDS BIOFUEL CAPACITY AS ZIMBABWE BRACES FOR ENERGY SHORTAGE By Antonio Guerrero The Nigerian government has signed a memorandum of understanding with Global Biofuels, a Nigerian biofuels producer, for the construction of 15 integrated biofuels refineries at ...
STATE-OWNED BANKS TO BOOST ENDING By Antonio Guerrero Brazil's government is investing more than $500 million this year recapitalizing two state-controlled banks to boost lending. The nation's Treasury will invest $269 million in the BNDES national development bank ...
NEW TARIFFS TO COST FOREIGN AUTOMAKERS By Thomas Clouse Amid charges that US companies sold automotive parts at prices below production costs, the Chinese government has said it will impose tariffs on imported US-made products. Harnessing wind ...
INDIA TAKES STEPS TO CURB FALLING CURRENCY By Aaron Chaze The Indian government finally took steps to bolster inflows of US dollars after the rupee fell by 13% during the last three months of 2011. Giving buying ...
UAE AND QATAR REMAIN FRONTIER MARKETS, MSCI SAYS By Gordon Platt Qatar and the United Arab Emirates will have to wait at least six more months before index provider MSCI will consider upgrading them to emerging markets from ...
PROTESTERS TAKE TO THE STREETS AFTER ELECTIONS By Kim Iskyan Political risk assumed center stage in Russia, as tens of thousands of demonstrators peacefully took to the streets in Moscow and throughout the country to protest widespread fraud ...
NO HAND AT THE HELM By Paula Green As part of its Salon series, Global Finance sat down on January 11 with Ian Bremmer, president and founder of political risk analysis firm Eurasia Group, to discuss increasing geopolitical ...
OPEN FOR BUSINESS By Gordon Platt Saudi Arabia is preparing to open its stock markets to foreign investment, and it has reinforced its financial management team in preparation for this and broader economic reforms. Saudi Arabia, the ...
MILESTONES: HUNGARY By Paula Green As if a weakening currency, surging public debt and three downgrades to junk bond status since November weren't enough to dissuade investors from sinking money into Hungary, they now have to deal with ...
MILESTONES: UNITED STATES By Gordon Platt The Federal Reserve has found a new way to communicate its intentions to the markets. It will publish forecasts for the federal funds rate, the key short-term interest rate under its direct ...
MILESTONES: NIGERIA By Michael Shari The government of Nigeria took a calculated political risk when it removed gasoline subsidies on January 1. Paying at the pump: Nigeria ends gasoline subsidies The sudden move more than doubled local ...
MILESTONES: RUSSIA By Kim Iskyan While attention in December was mostly focused on the evolving political environment in Russia, a major economic milestone was achieved on December 16, when the World Trade Organization formally accepted the country as ...
CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt Ford Motor Credit, the finance arm of the second-largest US automaker, and General Electric, the world's biggest maker of diesel locomotives and jet engines, were first out of the gate ...
CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS By Gordon Platt Depositary receipt investors pushed trading to a record high last year, demonstrating the continued popularity of DRs, despite challenging market conditions. While the amount of capital raised by corporate ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The Japanese yen will hold its own as a safe-haven currency in 2012, while the dollar will be less ugly than the euro, analysts forecast. Based on relative economic growth and expected ...
CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt China Three Gorges, a state-owned company that operates the world's largest hydropower project, bought a 21% stake in EDP, Portugal's largest company and utility. The Chinese company also ...
NEWSMAKERS: SWITZERLAND By Valentina Pasquali In the midst of Europe's sovereign debt crisis, a scandal hit the beleaguered continent's financial system in January. Hildebrand forced out of Swiss Central Bank role The head of Switzerland's central bank, ...
NEWSMAKERS: MOROCCO By Michael Shari Minister until recently in the reigning government's cabinet in Morocco, Salaheddine Mezouar is now the official leader of the opposition party in the country's parliament. Making his vote count: As opposition leader, ...
NEWSMAKERS: ITALY By Paula Green Ready or not, as minister of economic development, infrastructure and transport for the newly-formed government of prime minister Mario Monti, Italian banker-turned-bureaucrat Corrado Passera will be honing his political skills this year. ...
NEWSMAKERS: BRAZIL By Antonio Guerrero Brazilian president Dilma Rousseff, a former technocrat and Marxist activist, completed her first year in office on January 1 with a 72% approval rating. Rousseff: A pragmatist with no tolerance for corruption ...