Global news and insight for corporate financial professionals
Annual Survey The biggest banks in the world have performed like well-oiled money-creating machines this year, generating billions of dollars of profits on a quarterly basis. The risks to the global economy from rising oil prices and interest rates, however, ...
Global Finance ranks the world’s 50 biggest banks, as measured by total assets. If there was any doubt that the world’s top banks have been thriving for the past year, the Global Finance listing of the world’s biggest banks should ...
After enjoying a couple of relatively peaceful years, the world’s central bankers suddenly found themselves with a lot more work on their hands. Over the past year they’ve faced some unexpected challenges. Few central bankers would have predicted, for example, ...
Global Finance selects the World’s Safest Banks, the 50 institutions with the highest ratings from the leading international credit ratings agencies. For the first time in many years, Germany has lost its stranglehold on the top echelon of the world’s ...
With elections due to take place in a half-dozen Latin American nations over the next year, investors are anxiously following events in the region. They’re expecting some significant changes. Mexico’s Andres Manuel Lopez Obrador Leads All Polls in The Race ...
South Korea Leans on Domestic Economy South Korea is showing the potential for strengthening economic growth, but old burdens and new threats loom. That the South Korean economy is export driven is undisputed even now as it faces the challenge ...
Just as Indonesia’s economy has begun to show signs of stability and sustained growth, high oil prices are threatening to derail it again. At face value, the Indonesian economy has been hitting high notes for the past two years, underlain ...
Surging oil prices are revitalizing a flagging economy, but investors should not forget the upsets of the recent past. Surging oil prices are revitalizing a flagging ecHas Russia turned the corner—for good, this time? A vibrant commodities price environment has ...
Businesses in the Philippines look set to benefit from the newly stabilized political environment. President Gloria Macapagal Arroyo of the Philippines had reason to exhale a sigh of relief on September 6. The Congress had thrown out attempts by the ...
With most first-tier banking assets now sold off, foreign investors are looking to second-tier banks, privatization plans and the corporate market for further investment in Turkey. Investor interest in Turkey continues to grow rapidly in the run-up to EU accession ...
The World’s Best Banks GLOBAL Corporate Bank Citigroup Consumer Bank HSBC Private Bank UBS Asset Management State Street Global Advisors Custody The Bank of New York Investment Bank Goldman Sachs Trade Finance BNP Paribas Foreign Exchange Deutsche Bank Sub-Custody HSBC ...
The Word's Biggest Banks 2005 1 UBS Switzerland 2 Citigroup United States 3 Mizuho Financial Group Japan 4 HSBC United Kingdom 5 Crédit Agricole France 6 BNP Paribas France 7 ING Group Netherlands 8 JPMorgan Chase United States 9 Deutsche ...
The World’s Safest Banks 1 Groupe Caisse des Dépôts France 2 Bank Nederlandse Gemeenten Netherlands 3 Rabobank Group Netherlands 4 KfW Group Germany 5 Landwirtschaftliche Rentenbank Germany 6 Lloyds TSB United Kingdom 7 Landeskreditbank Baden-Wuerttemberg-Förderbank Germany 8 UBS Switzerland 9 ...
Surging oil prices are revitalizing a flagging economy, but investors should not forget the upsets of the recent past. Surging oil prices are revitalizing a flagging ecHas Russia turned the corner—for good, this time? A vibrant commodities price environment has ...
With most first-tier banking assets now sold off, foreign investors are looking to second-tier banks, privatization plans and the corporate market for further investment in Turkey. Investor interest in Turkey continues to grow rapidly in the run-up to EU accession ...
High Oil Prices Tar Asian Currencies The rising price of oil sent ripples through Asian currency markets in late summer, as Indonesia’s rupiah found itself at the epicenter of a tempest of speculation against the currencies of regional oil importers. ...
Google Plans to Raise $4 Billion in New Offering Internet search company Google plans to offer another 14.2 million shares to raise about $4 billion, but the California-based company says it has no immediate plans to make any major acquisitions. ...
Hola, Colombia! Slim’s on the Line Already the largest telecommunications company in Latin America, Telmex, as Teléfonos de México is more commonly known, has made a bid for 50%-plus-one-share of Colombia Telecomunicaciones, Colombia’s state-run communications carrier, also known as Telecom. ...
India Chinese industrial output rebounded in August after months of decline. Analysts said strong export growth could explain some of the 15.9% year-on-year rise. But the data suggests state measures to cool off China’s economy are becoming less effective, fueling ...
China Friends: Tony Blair, with China’s president Hu Jintao After a long, tense negotiation period, the EU and China finally strapped together a compromise over textile imports. Britain’s prime minister Tony Blair claimed the credit for hammering out the final ...
News Khiem Do Hong Kong’s economy has emerged from a deflationary period, and property prices in the special administrative region are on the rise, says Khiem Do, head of Asia Pacific equities at Baring Asset Management, which has been part ...
DR News Three board members of Chunghwa Telecom alerted John Thain, CEO of the New York Stock Exchange, in August that a proposed secondary offering of the Taiwan-based company’s stock and the prospective listing of American depositary receipts on the ...
Russia Viktor Khristenko August, usually a sleepy month for corporate Russia, was anything but quiet this year. Recurrent fears of an economic slowdown were eased by continued strength in the price of oil, which, coupled with positive investor sentiment toward ...
Brazil On a tear: Brazil’s stock indexes are surging Ranked as the world’s most-traded emerging market security for nearly a decade, Brazilian capitalization bonds (C-bonds) will soon be a thing of the past. The government will exercise a call option ...
After enjoying a couple of relatively peaceful years, the world’s central bankers suddenly found themselves with a lot more work on their hands. Over the past year they’ve faced some unexpected challenges. Few central bankers would have predicted, for example, ...
Global The bond market used to be a place that was safe for widows and orphans, but recent developments, including the fast growth of credit derivatives and hedge funds, are changing this formerly quiet corner of the capital markets. The ...
Italy/United States Lifeline: Fiat’s new Cinquecento Turin, Italy-based Fiat Auto selected Ford Motor of the US as its partner to make small cars in Europe, seven months after breaking off its broader alliance with Detroit-based General Motors. The decision came ...
Growth in Credit Derivatives Begins Attracting the Attention Of Policymakers, Regulators The Federal Reserve Bank of New York invited 14 major participants in the credit-derivatives market, primarily investment banks, to a meeting on September 15 to discuss market practices in ...
High Oil Prices Tar Asian Currencies The rising price of oil sent ripples through Asian currency markets in late summer, as Indonesia’s rupiah found itself at the epicenter of a tempest of speculation against the currencies of regional oil importers. ...
Google Plans to Raise $4 Billion in New Offering Internet search company Google plans to offer another 14.2 million shares to raise about $4 billion, but the California-based company says it has no immediate plans to make any major acquisitions. ...
Global Banks Place Their Bets in China International financial institutions and regional investors are shelling out billions of dollars for stakes in China’s largest banks. With a booming economy and an enticing $1.5 trillion in personal savings, China has become ...
United States A hurricane-damaged Hibernia Bank McLean, Virginia-based credit card company Capital One Financial was about to close on its $5.3 billion purchase of Louisiana’s largest bank, Hibernia, when Hurricane Katrina stormed into the picture, damaging the bank’s branch network ...
United States Oracle’s Larry Ellison September 12, 2005, was a red-letter day for Lawrence J. Ellison, who has been Oracle’s CEO since he co-founded the business-software company in 1977. Ellison was in the news twice that Monday morning. First, he ...
United States/Europe Damgard: Promoting harmonization Fed up with costly and often contradictory regulations governing the cross-border trading of stocks and equity derivatives, securities and banking associations in the US and the EU have joined together to urge action to improve ...
Global India’s Manmohan Singh It makes a good bumper sticker, but does it really make sense? According to recent research, it does. Sort of. Iran, for example, offered to send the US 20 million barrels of crude oil in the ...
