
Open Banking: Still The Next Big Thing
As open banking expands, consumers and companies stand to enjoy lower fees, greater ability to leverage their financial data: if they can control the risk of stolen or misused data.
Istanbul, October 6th, 2009 - Global Finance magazine hosted its thirteenth annual Best Bank Awards ceremony on October 6th, 2009, in Istanbul (Turkey), at the same time as the Annual Meetings of the IMF and World Bank. More than 200 ...
DR News Indian Companies Tap Rising Foreign Appetite for Shares Indian companies seeking funds for expansion or to retire debt are tapping into a growing foreign appetite for their shares. Tata Steel raised $500 million on the London ...
Economic Update Central Asia The former Soviet republics of Central Asia are undergoing dramatic and sometimes painful change as they attempt to modernize their economies and to exploit their vast reserves of natural resources. By Paula L. Green ...
Company To Watch: Jiangxi Copper/China Rise in Copper Prices Puts Shine on Chinese Producer Jiangxi Copper, based in Guixi City in China’s inland Jiangxi Province, is the country’s largest producer of the red metal. It owns all five ...
Roundup By Thomas Clouse China’s property boom defies the recessio n China exceeded expectations across a variety of economic indicators in recent weeks, boosting hopes that the world’s third largest economy may have successfully weathered the global economic ...
With bank stability still high on corporate and investor agendas, Global Finance magazine publishes in the October 2009 issue its annual list of the world’s safest banks. Global Finance has published its world’s safest banks listing for 18 years. ...
THE WORLD'S BIGGEST BANKS 2008 Rank Name Country Fiscal Year Total Assets ($b) 1 Royal Bank of Scotland Group United Kingdom 12/2007 3,807 2 Deutsche Bank Germany 12/2007 2,974 3 BNP Paribas France 12/2007 2,494 4 Barclays United Kingdom 12/2007 ...
AFRICA REGIONAL WINNER Standard Chartered COUNTRY WINNER Algeria Arab Banking Corporation Algeria Angola BES Angola Botswana Standard Chartered Bank Botswana Cote d’Ivoire Ecobank Ethiopia NIB International Bank Gambia Trust Bank Ghana Ghana Commercial Bank Guinea International Commercial Bank Kenya Barlcays ...
NEW YORK, July 21, 2009 — Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in Asia. This is the 10th year Global Finance has named the World’s Best Internet Banks. Details on all ...
Roundup By Thomas Clouse All clear: Policymakers backed away from Internet filtering With China's 4 trillion renminbi ($585 billion) stimulus package starting to show real results, the World Bank has upped its estimate for the country's 2009 GDP ...
Roundup By Aaron Chaze Surging ahead: India is set to outstrip China's growth According to the Global Development Finance Report released recently by the World Bank, India is expected to be the fastest-growing economy in 2010, with ...
Following the Congress (I) party’s best federal election showing since 1991, India’s stock markets began to price in an acceleration in the pace of economic reforms. By Aaron Chaze The equity indexes reported the best one-day showing in ...
In the past decade, India and China have been mentioned in the same breath when discussing the coming giants of the world economy. By Laurence Neville In truth, India has never been in China’s league when it comes ...
China’s international trade continued to weaken in April, with both exports and imports falling for the sixth straight month. By Thomas Clouse Strong investment growth, however, may offset some effects of this slackening international trade. According to ...
Changyou.com is an online game developer and operator based in China that says it is committed to providing high-quality entertainment and virtual communities, and investors clearly want to play along. The company raised $128 million of real money last month ...
China’s foreign exchange reserves, the largest in the world, grew at the lowest rate in eight years in the first quarter as export markets cooled and foreign capital inflows slowed. The reserves increased by $7.7 billion to $1.95 trillion, representing ...
Just three months after the management of Satyam Computers, India’s fourth-largest software company, confessed to accounting fraud, the company was acquired by Tech Mahindra, another Indian software company. Tech Mahindra, which is partly owned by British Telecom, prevailed in the ...
Electoral gains: Poll-related spending will help boost India's economy in 2009. According to a consensus taken from a group of prominent Indian economists, including those representing the Prime Minister’s Economic Advisory Council, J.P. Morgan India and S&P; Asia Pacific, ...
TREASURY & CASH MANAGEMENT ASIA REGIONAL REPORT Many businesses in Asia were well prepared for the credit crunch, having learned some important lessons in previous regional crises. By Anita Hawser As the subprime crisis rocked the foundations of ...
CHINA / UNITED STATES Wen Jiabao: May be preparing ground for major policy shift. Wen Jiabao, China’s premier, has had a lot to say about US treasury bonds and the relative value of the yuan lately. Perhaps he ...