January 2018

The Paradise Papers leak prompted yet more indignation about corporate tax avoidance, and cash-strapped governments claim to be tackling the issue. What will it mean for corporates?

Fintech and automation are critical to growing transaction-banking services in the era of Big Data.

The foreign exchange industry is embracing principles to nourish a robust, fair and transparent market for currency trading—without threat of law.

After performing through some volatile years, corporate currency-risk managers earn growing respect.

At Global Finance magazine’s annual foreign-exchange awards event, industry stars reflected on the regulatory impacts and technological advances that are changing the market.

Global Finance brought together leading finance executives to honor the winners of its Stars of China awards in Beijing.

Vanessa Colella, head of Citi Ventures and chief innovation officer at Citi, visited Global Finance to discuss integrating innovation into global banking, the role of employees in driving change, and emerging trends in technology and banking.

Vienna has positioned Austria well to benefit from CEE growth that seems ready to take off after years of stagnation.

As Saudi Arabia seeks to create a modern economy, entertainment is one of the industries being promoted as a replacement for oil. 

The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.

Turning old violent areas into competitive coffee producers still faces some obstacles.

Ford has been lagging behind competitors in emerging technologies for automobiles, including the race for driverless cars, but its appointment of Jim Hackett as CEO last May marked a change in strategy.

The repeal of net neutrality sparked immediate political response from consumers, but its impact on business will be complicated, and take time to unfold and to absorb.

Czech PM Babiš is an outspoken billionaire while the Polish PM, Morawiecki, is more of a technician, who negotiated Poland’s accession to EU before going on to chair Bank Zachodni WBK, part of the Santander Group.

Zimbabwe’s new leadership faces a difficult macroeconomic environment. 

In a comparison with the Portuguese soccer star, Portuguese finance minister Mário Centeno has been dubbed “the Cristiano Ronaldo of Ecofin."

South Korean shipbuilders have been under severe financial strain since 2008 and are suffering from tougher competition from Chinese rivals. 

The Basel III rules aim to decrease bank leverage and increase liquidity. In addition to capital efficiency, the rules also institute stress testing and standardize market liquidity risk.

European Union countries saw lower bankruptcy rates in the first half of 2017, as did Canada. US bankruptcy filings dropped 5.5% in the 12-month period ended September 30, 2017.

Shazam, which is headquartered in London, has more than one billion downloads worldwide. 

M&A deals between companies like CVS and Aetna and Amazon and Whole Foods will test what it means to create value in business today, as well as whether such deals provide value for consumers.

The decision follows two years of testing and is among’s the first attempts to use blockchain to clear a major asset class.

The consortium, called ALGO, will enable Islamic member banks to create fintech solutions in a cost-effective and fast manner.

Cash is increasingly viewed by Nordic banks, businesses, and tax and financial regulators as outdated and inefficient.

Westfield has developed shopping venues in such prime locations as London’s Shepherd Bush, New York’s World Trade Center and Los Angeles’ Century City. 

It is a dramatic drop compared not just to the 1990s, when stock-for-stock deals accounted for over half of all mergers, but also to 2016, when the average equaled 23.9% by dollar value.

Serious problems detract from Algeria’s foreign direct investment appeal, although the government is making efforts to improve.