Scoring Sustainability
Corporate leaders are grappling with an explosion of ESG ratings, rankings and grades.
July/August 2021
Cover Story
Features
Ready For Takeoff
Easy money puts big Canadian corporates in a good position for post-pandemic recovery, but for smaller companies funding remains tough.
De-Risking: The Next Chapter
Compliance once drove banks to end relationships. With technology-powered client vetting, they no longer have to.
Award Winners
World’s Best Subcustodian Banks 2021
Subcustodians have provided much needed stability during the pandemic. Global Finance recognizes the best from around the globe.
Global Salon
The Bionic CFO: Q&A With Boston Consulting Group's Juliet Grabowski
Juliet Grabowski, a managing director and partner at Boston Consulting Group, talks about how the changing nature of finance calls for a new type of CFO.
BAFT 2021
Adversity Breeds Opportunity
After a horrible 2020, transaction banking is poised for a rebound.
Honoring Top Performers
Through a stormy year, true stars shone through. Global Finance recognized them at a special live virtual event held during BAFT.
Cutting Cloud Costs
Visibility is the key to maintaining control.
Milestones
Biden Talks Tough On Consolidation
The Biden administration moves to make the American economy a more level playing field.
Central Bank Conveniences Customers
The ECB moves forward with plans to create a digital Euro and digital wallets for consumers.
China Reforms Bring New Funds
BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management.
Corporate Finance
Debt Gone Wild
Corporate borrowing continues to reach new highs.
Newsmakers
New Ferrari CEO Is Tech Wiz
Ferrari hopes a scientist will be able to drive innovation at the storied car company.
First Woman Governor Faces Major Challenges
Democratic Republic of Congo's new central bank governor faces serious hurdles besides being the first woman to hold the position.
Colombian To Helm South Africa’s Anglogold
Alberto Calderón brings with him experience in government and Colombia's mining sector.
AMLO Consolidates Influence On Banxico
Mexico's president shakes up his economic team and consolidates control over the central bank.
Trends
For Privacy And Security, Virtual Cards Get Second Life
The growth of e-commerce growth and data breaches are reviving virtual cards.
Open Banking Delay Won’t Stymie Fintech Startups
Privacy concerns delay open banking in Brazil.
SPAC Deals Spark Boom In Fairness Opinions
One trend driving the recent rise in fairness advisories is the SPAC wave.
Wanted: Old-Dog CFOs Who Know Lots Of Tricks
Young companies are looking for veteran CFOs to navigate the SPAC explosion.
Corporate Finance & Capital
Global Tax Reform To Forestall Digital Tax
Establishing a global tax regime may rob digital tax initiatives of their momentum.
Cut In Reserve Requirement Raises Health Questions
China's banking sector is already vulnerable to high levels of corporate debt and cutting reserve requirements means greater systemic risk.
Testing Robinhood’s Mettle
Robinhood’s upcoming IPO is unlikely to be derailed by FINRA fines.
Work On New Deals
JPMorgan is on a shopping spree.
Asian Startups Choose Tokyo For IPOs
Tokyo is increasingly beating Hong Kong, Taiwan, and Singapore for IPO listings.
Countries Race To Restock From Asia
As vaccinations surge and lockdowns wane, global supply chains are coming back to life.
Sovereign Fund Sales Spark Hopes For More
Abu Dhabi's IPO market is heating up.
Frontier Market Report
Tanzania: Priming Commercial Possibilities
Tanzania’s new leadership preps for post-Covid economic growth.
GCC Regional Report
A New Era Of Riches
The ranks of the wealthy continue to grow in the GCC, and with their wealth growing in complexity, too, they are demanding ever more from their wealth managers.
GCC Banks Reach Into New Markets
In the aftermath of the pandemic and plummeting oil prices, GCC banks are looking to scale abroad, acquire new customers and grow globally.
Operating Under Difficult Circumstances: Q&A With Ahli United Bank's Adel El Labban
Ahli United Bank CEO Adel El-Labban discusses business and Bahrain’s current economic challenges.
Motivation Past Money
Sovereign wealth funds are being tested over investment priorities.
Energy Giants Sell Off Assets
GCC countries are selling prime assets to fund economic transition.
Focus On The Future: Q&A With Standard Chartered’s Sunil Kaushal
Sunil Kaushal, Standard Chartered’s regional CEO for Africa and the Middle East, talks about upcoming changes for the bank and how it is faring coming out of the pandemic.
Regional Report
Cleaning Up Their Act
A new day is dawning for renewable energy in Central America.
Tourism Takes Off Once Again
Central Americans are eager to welcome tourists again.