July/August 2023

Private and public debt levels—combined with rising interest rates—are clouding the economic horizon.

In late June, Global Finance hosted its second annual awards ceremony recognizing the winners of our Best Investment Banks and Sustainable Finance Awards. 

IT investments raise sub-custody performance.

Global Finance presents this year’s best sustainable finance global winners.

The Africa regional, country, and territory winners of Global Finance magazine's 2023 sustainable finance awards.

Global Finance names the banks and financial institutions leading the way in sustainable finance in Asia-Pacific. ​

Global Finance names the banks and financial institutions leading the way in sustainable finance in Central and Eastern Europe.

Global Finance names the banks and financial institutions leading the way in sustainable finance in Latin America. 

Global Finance names the banks and financial institutions leading the way in sustainable finance in the Middle East.

Global Finance names the banks and financial institutions leading the way in sustainable finance in North America.

Global Finance names the banks and financial institutions leading the way in sustainable finance in Western Europe.

Vanderbilt Law School Professor Yesha Yadav speaks to Global Finance about payments infrastructure in the US and reforming the system.

The World Bank is betting that private sector expertise will help address climate change along with pandemics, poverty and social and political fragility.

Along with India’s recent use of the Chinese currency to buy Russian oil, Argentina’s move is an example of the global economy's de-dollarization.

Meta CEO Mark Zuckerberg launched Threads in a bid to exploit user dissatisfaction with Elon Musk's Twitter and quickly signed up 100 million users in its first week.

The Fed has launched FedNow and early adopters include 41 financial institutions, 15 third-party service providers and the US Treasury Department. 

Signs of a credit crisis are going global as companies struggle to raise financing.

New Chinese vice-premier He Lifeng has been a vocal proponent of the Greater Bay Area initiative and has worked with Xi Jinping since the 1980s.

Michele Bullock's appointment as Reserve Bank of Australia governor was welcomed by the country's business and banking sectors.

Eli Remolona’s appointment has been welcomed by analysts who point to his significant international experience at the Federal Reserve Bank of New York and the Bank for International Settlements.

Gaye Erkan, a Turkish-US citizen, was an unexpected choice with no central bank experience and is already bucking Erdoğanomics.

Central America is split between nations that want to join the de-dollarization effort led by BRICS and others like Costa Rica which is considering formal dollarization.

Until now, the SEC has only approved bitcoin-futures-based ETFs even though industry insiders contend they are riskier than bitcoin ETFs.

Stung by accusations of "greenwashing," Nestlé is moving away from purchasing carbon credits and towards regenerative agriculture to meet the brand's net-zero emission goals.

With a registered customer base of more than 450 million users, WalMart-owned Flipkart has entered the loan business.

Joining Ascent Industries in April, Bill Steckel brought his five years as CFO at other companies and 20 years in operational finance, planning and treasury. He talks to Global Finance about how the infotech revolution and intense competition for talent have transformed the role of the CFO.

Gabriele Galli is chief financial officer (CFO) of Amplifon, an Italian hearing-care company that operates in 25 countries. The following is an edited transcript of his conversation with Global Finance.

Part of the reverse merger will strip Housing Development Finance Corporation of its promoter and the parent company, HDFC Ltd. 

Sticky inflation, interest rate hikes, and Russia’s ongoing war in Ukraine are among the factors that will continue to chill IPO prospects.

With the exception of its online brokerage unit, profitability challenges persist across Rakuten Group’s companies.

South Korea will allow new domestic players into its banking industry to break the domination of the sector by just five commercial banks.

The proposed listing comes as Tata Motors is trying to significantly reduce its debt pile. 

Pismo’s platform will also help Visa provide support and connectivity for emerging payment gateways for financial institution customers.

Lithuania is attracting investment, digitizing and implementing progressive taxes.

Can GCC banks capitalize on the rise of asset management?

As the Ukrainian conflict blows up, the GCC economies hit the jackpot.

GCC banks are expanding their footprint in Asia-Pacific, now the Gulf’s number-one trade partner.

From infrastructure and SMEs to fintech, a thriving banking sector is taking a major role in the kingdom’s economic overhaul.