
Qatar’s Purchase Of Manchester United Stalls Due To Family Drama
Upheaval among the football club’s owners, and angry fans, puts a $6 billion-plus deal at stake.
Global news and insight for corporate financial professionals
Upheaval among the football club’s owners, and angry fans, puts a $6 billion-plus deal at stake.
Remote work trends threaten debt-loaded developers, but give companies leverage to lower real estate costs.
Global Finance presents this year’s best sustainable finance global winners.
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.
Argentina’s default and subsequent meager settlement for creditors will change forever the rules for emerging market investors. Raising funds will likely get much more difficult. Giullermo Nielsen is wearing a big smile these days—as well he might. On Friday, May ...
Global Awards Global Global Awards Best Investment Bank Goldman Sachs Best Equity Bank Merrill Lynch Best Debt Bank Citigroup Best M&A; Bank JPMorgan Chase Most Creative WR Hambrecht Best Up-And-Comer Evercore Partners Private Equity Global Blackstone Group North America Texas ...
In the 12th annual Global Finance survey of the world’s best emerging market banks, we honor those banks that consistently provide excellent service and security in often-tumultuous markets. From Google’s Internet auction-style initial public offering to the rise of private-equity ...
After the Revolution With the shockwaves from last year’s election debacle subsiding, Ukraine is poised to embark on a phase of explosive—and potentially traumatic—growth. In the space of just six months, the world’s view of Ukraine has changed beyond recognition. ...
Dubai’s international financial exchange, due to open in September, aims to provide a much-needed arena for drawing in international capital. DIFX’s Schubert: “Particularly in the area of corporate governance, companies understand what they need to change” The states of the ...
Awash With Liquidity Skyrocketing oil prices have brought a flood of liquidity into the Middle East, providing vast opportunities for fleet-footed investors and financial institutions. The near doubling of crude oil prices over the past 18 months has generated enormous ...
Awards Ceremony Hours before the start of Global Finance’s award ceremony for the best banks and companies in Russia, TNK-BP was hit with a claim for $1 billion in back taxes. But that didn’t keep Kent Potter, the CFO of ...
Already recognized as a key element of any CRM strategy, speech recognition technology is only set to grow in popularity as prices come down and products become increasingly sophisticated. Speech recognition software is best known for its presence in the ...
Global Awards Global Global Awards Best Investment Bank Goldman Sachs Best Equity Bank Merrill Lynch Best Debt Bank Citigroup Best M&A; Bank JPMorgan Chase Most Creative WR Hambrecht Best Up-And-Comer Evercore Partners Private Equity Global Blackstone Group North America Texas ...
Argentina’s default and subsequent meager settlement for creditors will change forever the rules for emerging market investors. Raising funds will likely get much more difficult. Giullermo Nielsen is wearing a big smile these days—as well he might. On Friday, May ...
Awash With Liquidity Skyrocketing oil prices have brought a flood of liquidity into the Middle East, providing vast opportunities for fleet-footed investors and financial institutions. The near doubling of crude oil prices over the past 18 months has generated enormous ...
Making it Pay B. Ramalinga Raju Satyam Computer Services started as a software services provider in 1988 in India’s twin cities of Hyderabad and Secunderabad. Today, those cities rival Bangalore as the information technology capital of India, thanks in large ...
Russia Protesters in Uzbekistan A spate of high-level diplomatic contacts between the United States and Russia underscored America’s harder stance toward the Kremlin. During visits to Russia in early May, both Secretary of State Condoleezza Rice and President George W. ...
DR News Merrill Lynch has launched a proprietary index of American depositary receipts, the MLADR index, comprising 180 large, actively traded stocks, many of which its analysts cover. The index is designed to present the opportunities that ADRs as an ...
India Indian iron ore mining project under threat Plans for India’s single biggest direct foreign investment project were in turmoil in mid-May after mining giant BHP Billiton, one of two potential investors, was reported to be pulling out of the ...
Brazil Lula (bottom right) hosts an Arab/Latin-American summit As the Brazilian central bank hikes the benchmark lending rate to curb inflation, resulting high interest rates are prompting a streak of IPOs on the São Paulo stock exchange (Bovespa), as corporates ...
News Vincent Duhamel State Street Global Advisers, or SSgA, was selected to manage the ABF Pan Asia Bond Index Fund, or PAIF, which was initiated by 11 Asian and Pacific central banks and monetary authorities. “Modeled on cost-effective and efficient ...
China Taiwan’s president Chen Shui-bian Two of Taiwan's political leaders were met with enthusiasm from the Chinese people and the domestic media during recent visits to the mainland. Lien Chen in late April became the first chairman of Taiwan's Chinese ...
In the 12th annual Global Finance survey of the world’s best emerging market banks, we honor those banks that consistently provide excellent service and security in often-tumultuous markets. From Google’s Internet auction-style initial public offering to the rise of private-equity ...
Unitd States José Miguel Insulza Washington was dealt a blow when neither of its two candidates to head the Organization of American States (OAS)—considered a US-dominated regional organization—garnered enough votes. Instead, Chilean interior minister José Miguel Insulza was elected secretary ...
Europe/United States Paul Druckman With companies on both sides of the Atlantic contemplating a raft of regulatory measures around financial accounting, leading European commentators called on European and US regulators to seek a “common international approach.” In a damning speech, ...
Hong Kong Loosening ties: Joseph Yam, head of the Hong Kong Monetary Authority The Hong Kong Monetary Authority on May 18 loosened the Hong Kong dollar’s 22-year-old peg to the US dollar, allowing the currency to trade in a band ...
United States McDonough: “Too much effort expended” US regulators took two steps last month to reduce the costs of complying with the Sarbanes-Oxley Act, saying that companies and auditors should use more common sense in applying the new rules on ...
Spreads Widen as Investors Flee to US Treasury Bonds US companies will be paying more to borrow money in the wake of the widening of credit spreads between corporate and treasury bonds following the downgrading of General Motors and Ford ...
SEC Likely to Change Rules for Securities Offerings to Attract Foreign Issuers Now that the burdens imposed by the Sarbanes-Oxley Act have scared a number of non-US issuers away from the US capital markets, the Securities and Exchange Commission is ...
Dollar Bulls Run Again, as US Economy Heats Up The pieces of the US economic puzzle fell neatly into place last month, creating a picture of strength that enabled the dollar bulls to gain the upper hand. The euro dropped ...
Latin American Companies Seeking US Takeovers Companies based in Latin America are seeking to acquire US companies in order to buy into the fast-growing Hispanic market in the US, where 40.4 million Spanish-speaking people control $700 billion in purchasing power. ...
Mexico AMLO: Ready for the race When the Mexican government moved to keep Mexico City mayor Andrés Manuel López Obrador—commonly referred to by his initials, AMLO—from seeking the presidency next year, some 250,000 Mexicans took to the streets. The outcry ...
United States Mark Hurd Mark Hurd, chief executive and president of Hewlett-Packard, took the reins at the Palo Alto, California-based computer firm only at the end of March, but already he is being given credit by some investors for turning ...
United Kingdom Sir Roy: Lets rip Emotions flared in the UK last month when US billionaire Malcolm Glazer, owner of the Florida-based Tampa Bay Buccaneers football team, gained control of Manchester United, the revered British soccer club. Sir Roy Gardner, ...
United States texto Philip J. Purcell, the embattled chief executive of Morgan Stanley, can’t seem to catch an even break. A Florida jury ruled last month that Morgan Stanley, the world’s biggest securities firm by market value, must pay billionaire ...