
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.
COVER STORY: ALTERNATIVE FINANCING By Laurence Neville Small and medium-size companies are vital to economic growth and critical to corporate supply chains. Yet traditional lending is virtually closed to SMEs in most markets—certainly in developed markets of the West. ...
ENVIRONMENTAL INSURANCE: GLOBAL EXPOSURE MANAGEMENT By Anita Hawser Environmental risk insurers are offering more sophisticated solutions and a broader range of coverage amounts. A fire broke out at a chemical plant in Moerdijk, Netherlands, in January 2011. ...
COMMODITIES TEST THE BORDERS OF INTERNATIONAL FINANCE By Michael Shari Commodity producers are turning to specialized banks that are willing to take multiple layers of risk in private deals. Great ideas are born at times like these. ...
REAL ESTATE FINANCING: NEW AVENUES By Vanessa Drucker Real estate projects are getting capital injections from new and diverse sources as traditional bank lending dries up. Banks around the world have become skittish about lending. Although central ...
NEW HORIZONS By Solomon Teague Regulation is making it harder for banks to lend to infrastructure projects. New types and sources of funding will be needed to handle a wave of infrastructure development now under way—particularly in the ...
PLANNING FOR THE EURO CRISIS By Jonathan Gregson Given the massive financial and contractual impacts of any breakup of the eurozone, it is only to be expected that international companies with European operations, or ties to Europe are ...
ANNUAL SURVEY & AWARDS: FX PROVIDERS BET BIG ON TECHNOLOGY By Gordon Platt The most successful FX banks are boosting their IT spending and competing on price and service in an effort to maintain market share. As the ...
By Gordon Platt BEST FOREIGN EXCHANGE PROVIDERS: GLOBAL WINNER Deutsche Bank Deutsche Bank has managed to stay on top of the FX world year after year. It has the biggest, most diversified and most profitable foreign exchange operation of any ...
By Gordon Platt BEST FOREIGN EXCHANGE PROVIDERS: REGIONAL WINNERS NORTH AMERICA Citi Feig, Citi: We have invested in people and technology and are seeing our market share rise as a result As Citi prepares to celebrate its 200th anniversary in ...
By Gordon Platt BEST FOREIGN EXCHANGE RESEARCH & ANALYSIS RESEARCH BNY Mellon BNY Mellon, one of the largest foreign exchange dealers in the United States, offers support in virtually all currencies, with particular expertise in emerging markets. Derrick, BNY Mellon ...
AWARDS CEREMONY : LOCATION BEIJING China’s Bright Lights Global Finance hosted its annual Stars of China awards ceremony and dinner in Beijing in November. Banks and companies were honored for their outstanding performance over the past year. ...
By Gordon Platt BEST ONLINE FOREIGN EXCHANGE TRADING SYSTEMS BANK SYSTEM State Street’s Currenex The Currenex foreign exchange trading platform uses patented technology to match orders and aggregate liquidity. Its high-speed, low-latency API (application programming interface) provides access to live, ...
EMERGING MARKETS INVESTOR: DR NEWS By Gordon Platt New unsponsored American depositary receipt (ADR) program creation is likely to slow down in the short to medium term, according to a report by Celent, a Boston-based financial research and consulting ...
EMERGING MARKETS INVESTOR: NEWS By Gordon Platt The Bolsa Mexicana de Valores exchange in Mexico City says it will introduce faster trading technology by the middle of 2012 in an effort to attract more high-frequency traders. BMV says ...
NIGERIAN INBOUND INVESTMENT FRAMEWORK IMPROVING By Antonio Guerrero Nigerian President Goodluck Jonathan says his administration is reviewing industrial policies to encourage foreign companies exporting finished goods to Nigeria to instead manufacture them locally. New policies encourage local assembly ...
TAX CUTS TO RESTART THE BRAZILIAN ECONOMY By Antonio Guerrero Aiming to shield the economy from the potential fallout of Europe’s debt crisis, the Brazilian government took fiscal policy steps that include $1.5 billion in tax cuts. Chevron ...
CHINESE REGULATORS TARGET ANTI-COMPETITIVE BEHAVIOR IN STATE-OWNED FIRMS By Thomas Clouse Chinese regulators have targeted state-owned enterprises in an anti-monopoly investigation for the first time. Photo Credit: Chen Wei Seng / Shutterstock.com China’s two largest fixed-line telephone operators—China ...
SINKING PUPEE AFFECTS CORPORATE DEBT REPAYMENT By Aaron Chaze Corporate borrowers in India have been hard hit by the rupee slide—the currency fell 18% over the dollar between January and November, 2011, and fell 7% in November alone. ...
SANCTIONS ON IRAN INCREASE By Gordon Platt Two days after the storming of the UK embassy in Tehran on November 29 to protest increased British sanctions on Iran, the US Senate unanimously passed new economic sanctions against Iran and ...
WHILE PROFITS SOAR, SBERBANK HALTS FOREIGN INVESTMENTS By Kim Iskyan Russian state savings bank Sberbank posted a 74% jump in third-quarter profits in late November on the back of sharp growth in lending. Putin gets poor response in ...
POLISH COPPER, SILVER MINER ROLLS WITH THE PUNCHES By Gordon Platt After KGHM Polska Miedź reported that its third-quarter 2011 profits had tripled from the same period a year earlier, the Polish government immediately announced a significant increase in ...
WINDOWS OF OPPORTUNITY By Matt Greco Global Finance sat down with Martin Fridson, high-yield market specialist and global credit strategist at BNP Paribas Asset Management, in early December to get his take on US and global debt markets ...
LONG-TERM VISION By Justin Keay Kuwait’s development in recent years has been driven by the state, with little FDI. However, upcoming elections promise a new government that could improve the business climate for foreign investors. When protesters ...
MILESTONES: US/GERMANY By Gordon Platt Facing a $4 billion breakup fee, AT&T is working hard to make its proposed merger with T-Mobile a reality, despite regulatory stumbling blocks. Deal to create the largest US wireless carrier is in ...
MILESTONES: UKRAINE By Kim Iskyan The IMF’s $15 billion loan program to Ukraine looks increasingly likely to be suspended at least until parliamentary elections in October 2012, following an early November visit by the IMF that ended without recommending the resumption ...
MILESTONES: MYANMAR By Thomas Clouse Preparing to chair the Association of Southeast Asian Nations (ASEAN) in 2014, Myanmar is also opening its doors to foreign investment. A new dawn breaks in Myanmar, which is open for business Leaders from ASEAN’s ...
MILESTONES: TORONTO By Erik Heinrich Canada’s financial capital is on track to become one of the largest global banking centers—overtaking London in the number of banking jobs by 2017, according to Moody’s Analytics. Toronto to overtake London in banking ...
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt Another EU summit ended in December with agreement on a new fiscal compact for the eurozone, but like previous efforts to rescue the common currency, the accord was less than comprehensive, and ...
CORPORATE FINANCING NEWS: CORPORATE DEBT By Gordon Platt New-issuance volume in the US high-yield market rose sharply in November, led by a $4 billion, two-part offering from Sprint Nextel, the third-largest US mobile network operator. The Kansas company ...
CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS By Gordon Platt New China Life Insurance raised $1.9 billion in an initial public offering in Hong Kong and Shanghai in December, but it was forced to price the issue at the bottom of ...
CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt Anglo American, one of the world’s largest mining companies, gained a long-coveted majority stake in diamond mining company De Beers, in one of two M&A deals that the British firm ...
NEWSMAKERS: UNITED STATES By Paula Green Will Wall Street miss US Congressman Barney Frank, the ranking Democrat on the House Financial Services Committee (HFSC) and architect of the 2010 legislation aiming to avert another global financial disaster? Frank ...
NEWSMAKERS: INDIA By Aaron Chaze After two decades leading India’s largest and most respected conglomerate, Ratan Tata will step down in December 2012 as chairman of Tata Sons—the holding company that runs the $83 billion Tata group of companies, with ...
NEWSMAKERS: SPAIN By Valentina Pasquali Like Greece and Italy, Spain too has a new government, tasked with bringing the country back from the brink. Rajoy heads new government Unlike Greece’s Lucas Papademos and Italy’s Mario Monti, Spain’s prime ...
NEWSMAKERS: NIGERIA By Anita Hawser Nigerian central bank governor Lamido Sanusi believes the likelihood of European banks going into a major crisis is quite high, and is concerned over the impact on Nigerian oil exports. Sanusi looks to Asia ...
SPONSORED ROUNDTABLE: TECHNOLOGY GAME CHANGERS Moderated by Denise Bedell Liquidity and risk management, treasury efficiency, eBAM, SWIFT for corporates, and mobile treasury apps were center stage during Global Finance ’s TCM roundtable in New York in November. From ...