The role of subcustodian banks is becoming more rigorous in response to regulations that impose new fiduciary responsibilities and far greater liabilities on global custodians.
SIBOS Supersection 2015 | Bank Relationship Management
Along with understanding the value they provide their banking partners, most companies want to know what they’re spending in banking fees each year, and how this compares to the contracted rates. Bank-fee analysis software can automate the process.
Cover Story | Supplement
As data sharing becomes more common, individual privacy seems to be more luxury than norm. But corporations working with big-data analytics must pay attention to how many personal details they gather about their customers, lest they cross the invisible line of what is acceptable and what is not—and anger their client base.
Milestones | Iceland
Nearly seven years after introducing controls on capital movements, Iceland is planning to ease restrictions it put in place when the collapse of its banking system brought the country to the brink of financial meltdown.
Capital Markets | Debt
Overstock.com, a Utah-based online retailer, issued the first digital corporate bond using blockchain technology—the same technology that supports cryptocurrencies such as bitcoin.
Country Report | Portugal
Portugal’s economy is booming. Exports are up and unemployment is down. Insufficient capital investment is the last tough nut to crack, and the government is attacking it with gusto—and significant tax reform.
Management | Corporate Governance
Japanese corporate culture, long considered one of the least shareholder-friendly among developed nations, may be softening up, with a little nudge from prime minister Shinzo Abe.
SIBOS Supersection 2015 | M&A IT Integration
Merging with other companies has its financial benefits, but when it comes to IT, not joining all the dots to integrate disparate systems can have serious consequences.
Global Finance Honors a Japanese powerhouse and a Spanish superstar as Top Of Class for 2015.
SIBOS Supersection 2015 | Introduction
Digital trade is a key theme for the corporate forum at SWIFT’s Sibos conference in Singapore in October.
Corporate Cash | Money Market Funds
Despite plenty of corporate pushback, the SEC’s controversial money market reform will be more headache than hardship for corporate investors.
Management | Tax Policy
In an effort to clamp down on tax avoidance by multinationals, the European Commission has announced plans to revive a proposal to unify the corporate tax base across Europe.
Capital Markets | Debt
Jaws dropped in June, when scandal-plagued Petrobras, the Brazilian oil company, announced plans to come to market with a 100-year bond. Who in their right mind would lend $2.5 billion for a century to an emerging markets company that in April wrote off $17 billion in overvalued assets and billions more in bribes?
GCC Regional Report 2015 | Special Economic Zones
Special economic zones are allowing GCC countries to diversify their economies away from oil and provide jobs to their citizenry.
Global Finance sits with Rana Kapoor, Founder and CEO of Yes Bank for a discussion on the achievements of Modi's Government & the prospects of this growing Indian private bank.
As the Organization for Economic Cooperation and Development works on ways to keep multinationals from shifting profits to low-tax jurisdictions, tax and finance executives are divided on whether its efforts will improve the global corporate tax system.