May 2023

High interest rates are forcing CFOs to leave no stone unturned in the search for working capital.

Leaders from the Central Bank of Taiwan (CBC) and five banks active on the island discussed post-Covid supply chain challenges, inflation, and tensions with China during Global Finance's recent roundtable.

Islamic banks’ performance improved in 2022 while they expanded their footprints.

Despite the geopolitical and economic challenges of the past year, banks worldwide persevered.

African banks remain resilient and ready to weather any storm that comes their way.

Banks push on as rates rise and bring a boost in interest margins.

Loan portfolios continue to grow along with the economy.

Central American banks displayed large profits despite a difficult economic year.

Central and Eastern European banks work to regain their footing after a challenging year.

Better-than-average economic performance helped the region secure profitability and growth.

Middle Eastern banks have been working toward the shift to digitalization.

North American banks are putting their clients first by helping them understand insights and analytics about their accounts.

Western European banks continue to boost profits in uncertain times.

Piyush Gupta, the CEO of DBS Bank, shares his thoughts on the “fourth industrial revolution.”

Gonzalo Gortázar, CEO of CaixaBank, shares his views regarding digital leadership and the current economic outlook.

Bank of America discusses the elements that go into winning the North American regional Best Bank award.

Global Finance hosted this year’s Private Bank Awards dinner on the evening of March 16, 2023. Convening at the elegant The Harvard Club in New York City, private bank executives from around the world shared industry insights and kudos for excellence.

Mexico surges ahead of China as America's top trading partner in part due to geopolitical tensions and Covid-related disruptions.

The new rules—which debuted in Shanghai and Shenzhen last month—are aimed at speeding up listings and boosting corporate fund-raising.

Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.

China's population is falling while India's is rising and this change has vast implications for the global economy.

Automobili Lamborghini's CFO Paolo Poma explains to Global Finance how his unusual career path from engineering to the C-suite prepared him to lead the company in an era of tighter credit conditions.

PE firms are attempting to navigate a barren M&A landscape, with trillions in capital ready to deploy. But where?

A slow process of switching from physical to digital trade documentation appears to be speeding up.

Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.

The IMF has conducted CBDC workshops in Africa covering issues posed by central bank-governed virtual digital assets but adoption has been sluggish.

Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own. 

The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.

According to China's new proposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights. 

French, German and Irish regulators contacted their Italian colleagues to better understand the basis of the temporary ban.

The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising a 4.15% return for Apple Card holders.

EY's plan to separate its auditing and consulting businesses from one another to address conflict of interest concerns comes to naught.

Ping An Insurance of China, one of the world’s biggest insurers and a major HSBC stakeholder, has been pushing for a break-up of the Group’s Asian and UK operations.

To help beef up Arm’s potential earnings ahead of an IPO, Softbank appears to be tinkering with Arm’s unique selling point.

Many startups were unable to access their funds during SVB's demise in part because they lacked CFOs.

This credit-crisis legacy issue sits among the raft of allegations of fraud and other misconduct surrounding Credit Suisse’s descent into cultural failure, which UBS management claims it will now be rooting out. 

Shifting to a holding company allows the parent company to coordinate and manage all the units.

Norway’s sovereign wealth fund is pushing to increase gender diversity among Japan's corporate executives.

Colombia’s economic rebound enters a transitional phase.