
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.
COVER STORY: ANNUAL SURVEY – WORLD'S BEST BANKS 2010 By Gordon Platt Global Finance unveils its annual list of the best banks globally, regionally and by country. ...
COVER STORY: ANNUAL SURVEY – WORLD'S BEST BANKS 2010 By Gordon Platt Global Finance unveils its annual list of the best banks globally, regionally and by country. Investors, depositors and corporations are concerned about the health of ...
EM REGIONAL BANKING FOCUS: ASIA By Michael Shari A consistent focus on traditional-style banking has enabled Asia's financial giants to emerge from the recent crisis in fine fettle. On any given day at Shanghai Pudong International Airport, ...
SECOND ACT By Antonio Guerrero In his second term, Peru’s president Alan Garcia is making amends for the shambles he left his country in after his first term. Peruvian president Alan Garcia is leading one of the ...
EM REGIONAL BANKING FOCUS: LATIN AMERICA By Denise Bedell Latin America is a hotbed of growth, presenting a wealth of opportunities for domestic and international banks. With some of the highest growth rates seen anywhere worldwide ...
EM REGIONAL BANKING FOCUS: AFRICA By Nick Kochan Africa's banks are looking to forge new links as they seek to expand across the continent. The African banking industry has emerged from the global financial crisis largely intact ...
FOCUS: RISK CONSULTING By Paula L. Green Companies are showing increasing interest in employing risk consultants to help them manage their exposure. As they protect employees, property and supply chains flung around the globe, corporate executives are ...
EM REGIONAL BANKING FOCUS: MIDDLE EAST By Jonathan Gregson Many banks in the Middle East are still suffering the after-effects of the global financial crisis. Over the past decade the Middle East's banking sector has become ...
EM REGIONAL BANKING FOCUS: CENTRAL & EASTERN EUROPE By Jonathan Gregson Hit hard during the financial crisis, Central and Eastern Europe's banking sector is still fragile and vulnerable to external shocks. During the boom times of ...
ANNUAL SURVEY: SAFEST BANKS by Dan Keeler Global Finance selects the world's safest banks—the 50 institutions with the highest ratings from the leading international credit ratings agencies—and the safest banks in seven regions. It is a measure ...
ANNUAL SURVEY: CENTRAL BANKER REPORT CARDS by Gordon Platt, Antonio Guerrero and Dan Keeler Central bankers sit tight in the face of renewed global uncertainty. Indications that the global economic recovery is losing momentum have created a ...
ANNUAL SURVEY: WORLD’S BEST BANKS A selection from Global Finance’s best banks awards from the past year. BEST FOREIGN EXCHANGE PROVIDERS BEST DERIVATIVES PROVIDERS BEST SUB-CUSTODIANS BEST SUB-CUSTODIANS (cont.) BEST ISLAMIC FINANCIAL INSTITUTIONS BEST TREASURY ...
ANNUAL SURVEY: WORLD'S BIGGEST BANKS by Dan Keeler Global Finance ranks the world’s 50 biggest banks, as measured by total assets After a tumultuous three years, characterized by colossal write-downs, credit ratings downgrades, nationalizations, bailouts and hurriedly ...
EMERGING MARKETS INVESTOR: COMPANY TO WATCH By Gordon Platt Viña Concho y Toro, the largest wine exporter in Chile, recently signed a global marketing agreement with Manchester United Football Club in England—although maybe it should have signed with ...
EMERGING MARKETS INVESTOR: NEWS By Gordon Platt India's equity market indices have gained more than 80% since early 2009, but the market lacks depth and breadth, with a high concentration of trading in a few top companies, according ...
ROUNDUP By Antonio Guerrero Uneasy balance: Mugabe (right) and Tsvangirai still have issues with power sharing South Africa's state-owned development lender Industrial Development Corporation (IDC) plans to issue bonds and sell an estimated $3.6 billion worth of its ...
ROUNDUP By Antonio Guerrero With Brazil's economy expected to grow at around 7% this year and borrowing costs declining, Brazilian companies are seeking financing for their expansion plans. MMX, a leading metals and mining company, hopes to raise ...
ROUNDUP By Thomas Clouse The real deal: Insurers now have the chance to invest China's most recent economic figures show policymakers' efforts to reign in the property market without derailing the country's economic recovery are achieving mixed results. ...
ROUNDUP By Aaron Chaze With its fifth rate rise of the year India's central bank, the Reserve Bank of India, launched another attack on inflation last month. The bank upped its key rate to 6.0% from 5.75% in ...
ROUNDUP By Gordon Platt The six member countries of the Gulf Cooperation Council (GCC) agreed at a meeting in Jeddah, Saudi Arabia, last month to postpone a planned customs union for several additional years. At the exceptional meeting ...
ROUNDUP By Kim Iskyan Inflation has in recent weeks climbed rapidly up the macroeconomic agenda in Russia, as the summer's wildfires and drought throughout the country decimated grain crops and triggered sharp price hikes. Inflation has long been ...
EMERGING MARKET INVESTORS: DR NEWS By Gordon Platt Rusal, the world's largest producer of aluminum, plans to create a Russian depositary receipt (RDR) program on the Micex Stock Exchange and the Russian Trading System by the end of ...
BANKS MAKE A BID FOR A GROWING MARKET By Anita Hawser Technological innovations and the rapid acceleration of globalization are driving a sharp increase in banks' interest in the remittances market. We are on the cusp of ...
With thousands of banks and a growing number of corporations attending each year, the Brussels-based international banking network SWIFT's annual Sibos conference has become a crucial forum for debates in transaction banking. This year's conference, to be held in Amsterdam, ...
REGIONAL DEVELOPMENT By Denise Bedell Corporates are demanding increasingly sophisticated cash and trade solutions within Asia. Those banks that want to stay competitive must step up their game. Asia is a key growth area for transaction banking ...
UNCHARTED TERRITORY By Anita Hawser Banks are struggling to keep up with nonbank rivals in the race to create the next generation of payment systems. It may have been unfettered innovation that got banks into hot water ...
CHANGE MANAGEMENT By Denise Bedell Banks are changing the way they look at their own transaction business to help companies see further into their working capital management processes. The need for integrated trade and cash solutions was ...
STAYING THE COURSE By Gordon Platt Turkey has bounced back from a sharp economic contraction to become one of the region’s best performers. Its prospects are brighter than ever. Turkey's constitutional referendum last month gave a boost ...
MILESTONES: UNITED STATES By Gordon Platt It's official. The US recession that came to be known as the Great Recession is over. In fact, it's been over for more than a year, having officially ended in June 2009, ...
MILESTONES: GLOBAL By Anita Hawser Hong Kong: One of the world’s top-three finance centers London and New York can rest easy. Despite the Dodd-Frank Act and other regulatory measures that threaten to split up banks, curb bankers' bonuses and ...
MILESTONES: GLOBAL By Anita Hawser It is not just banks that are coming under increasing criticism for their liquidity-hoarding tendencies. Cash-rich companies are facing similar complaints—and similar accusations that they are prolonging the pain in the economy as a whole ...
MILESTONES: GLOBAL By Antonio Guerrero Despite the fact that 60% of the world's economies posted a drop in real per capita income last year, access to formal financial services in developing countries grew. According to "Financial Access 2010," ...
CORPORATE FINANCING NEWS - FOREIGN EXCHANGE By Gordon Platt The world economic recovery may be slowing more rapidly than previously expected, according to the Organization for Economic Cooperation and Development. Growth in the Group of Seven developed economies will slow ...
CORPORATE FINANCING NEWS — CORPORATE DEBT By Gordon Platt August was supposed to be a sleepy month in the high-yield debt market, but it turned out to be anything but quiet. Total high-yield issuance in the US for ...
CORPORATE FINANCING NEWS — GLOBAL EQUITY/DRS By Gordon Platt Petrobras, Brazil's state-run oil company, was scheduled to come to market with $35 billion of shares as Global Finance went to press. That would make the sale the world's ...
CORPORATE FINANCING NEWS - MERGERS & ACQUISITIONS By Gordon Platt The cross-border battle for global resources is now focused on potash, with BHP Billiton's $43 billion hostile bid for Saskatoon-based Potash Corp. of Saskatchewan, the world's largest producer ...
NEWSMAKERS: GLOBAL By Michael Shari As finance ministers and top executives of the world's largest banks converge in Washington for the annual meetings of the International Monetary Fund and the World Bank this month, a simmering diplomatic conflict between ...
NEWSMAKERS: JAPAN By Thomas Clouse Ozawa: Failed to unseat Japan’s prime minister Japanese prime minister Naoto Kan retained leadership of his political party and the country after political powerbroker Ichiro Ozawa unsuccessfully challenged him for his position in ...
NEWSMAKERS: COSTA RICA By Dan Keeler With the ink still wet on a Moody's rating upgrade from Ba1 to Baa3 investment grade, Costa Rica has revealed it is considering a bond issue in the near future. José Rossi, ...