July/August 2018

Recent audit failures are bringing new scrutiny to the dominance and business practices of the Big Four accounting firms. 

The world is awash in investor cash seeking returns, so why are so many companies restructuring rather than refinancing?

Winners of our annual Best Sub-custodian Bank Awards are leaders in protecting and servicing client assets in far-flung markets.

Standard Chartered Bank’s head of Securities Services, Margaret Harwood-Jones, talks about how the bank uses its global platform to help build stronger markets in Asia, Africa and the Middle East.

Senior Research Scholar and Executive Director of the Center for the Globalization of Education and Management at the NYU Stern School of Business Steven A. Altman is our guest for this month's Salon.

Portugal avoided austerity in its path to recovery but now faces a daunting debt load.

Given the range of mammoth audit failures by the biggest names in accounting, many are wondering whether it's time for a new approach to validating corporate numbers.

Erdoğan's political future is secure, Turkey's economic outlook is not.

Trump's trade war is starting to take an economic toll.

Turmoil at the top of India's government threatens Modi's agenda.

Islamic finance is seen as an increasingly legitimate alternative to traditional, interest-based finance.

With the civil war over, Colombia can focus on growing its economy.

Berkshire Hathaway, Amazon and JPMorgan Chase have picked a doctor to lead their health care venture.

New CEO tries to bring stability to troubled company.

Spain's PM manages to survive a tough intra-party challenge.

The high court ruled that online retailers must collect state sales tax from consumers but the international implications of this are unclear.

Upstart ratings agency to challenge the big three by relying on AI for risk assessment.

Federal judge sides with AT&T in dispute with the Department of Justice.

Amazon wants to deliver your medicine.

GE's demise as a conglomerate portends an uncertain future.

The Euro is increasingly popular because of its stability.

Europe's biggest tech IPO in 2018 is a smashing success.

Another step towards a cashless society?

Global Finance editor Andrea Fiano explains the importance and context of this year's Sibos conference.

The push into transaction banking by Australia’s growing horde of fintechs and other startups has not been less than the push into personal and small-business lending. 

So much in the modern, high-tech world happens instantaneously; it’s only a matter of time for payments to catch up.

Regulators are pressing for institutions to open their APIs. But first, the banks need to know their customers want what open banking can give them.

Some of the world’s largest institutions are dabbling, as blockchain and DLT invade areas like trade finance, syndicated lending and cross-border payments. 

With the growth in digital assets, there’s a growing need for secure custody. Fintech startups are ready, but where are the banks?

As a pathway to harmonization and platform interoperability for financial institutions, ISO 20022 is catching on. But migration to the global payments standard could be easier.

Côte d’Ivoire offers much to foreign investors, and government administrators are getting used to what is involved.

GCC countries face a number of challenges as they move towards the post-oil era.

A rise in oil prices has eased the immediate financial stress of Gulf nations, but the need for diversification remains pressing.

Capital markets step in to fill the funding void as government support for corporate players wanes.

As the region looks to diversify economically, Gulf banks get in line with global rules and standards. It’s not easy.

Oman qualifies as the least known and understood of the Gulf Cooperation Council countries, but its importance goes beyond its size.

Adopting a new tax system, Saudi Arabia and the UAE deliver a shock to companies and consumers—and reassurance to foreign investors.

Enticing foreign investors is urgent for the suddenly reformist Saudi government. But will it push economic reform far enough, fast enough?

The sun is shining on the region’s economies, but sustaining growth will hinge on US polices on immigration, trade and aid.