Global news and insight for corporate financial professionals
In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.
Inflation in the eurozone slipped to 0.5% at an annual rate in March, its lowest level since 2009. The persistence of low inflation prompted policymakers to discuss quantitative easing (QE) and a negative deposit rate, putting some downward pressure on the euro.
ANNUAL AWARDS: HIGH-OCTANE YEAR Global investment banks will face a tremendous challenge as they strive to continue running their underwriting businesses at the elevated levels they reached in 2013. Many of the largest banks on Wall Street reaped a windfall ...
CORPORATE FINANCING NEWS By Gordon Platt The European Central Bank’s refusal to ease monetary policy in the face of below-target inflation boosted the euro to its highest levels of the year in March, while the British pound rose ...
MILESTONES By Justin Keay Not long ago, it would have been almost impossible to get the leaders of the various Western Balkan countries [Croatia, Serbia, Bosnia and Herzegovina, Montenegro, Kosovo, Macedonia and Albania] together in the same city—let alone the ...
LOCATION: LONDON, UK Global Finance held its Best Trade Finance Banks 2014 ceremony during the BAFT global annual meeting in London in January. Corporate and financial leaders from around the world were present to accept their awards and honor other ...
GOLD STANDARD By Rebecca Brace and Anita Hawser Global Finance presents the winners of its annual Best Treasury & Cash Management Providers awards. Global multinational corporates may have come out of the 2008 global financial crisis better off than the ...
REGIONAL FOCUS
The countries of the Caucasus region (Azerbaijan, Armenia and Georgia) continue to march down very different economic paths, despite their proximity and sociocultural connections.
CORPORATE FINANCING NEWS By Gordon Platt China and Russia have returned to the global equity capital markets, following a lengthy absence. China led in the number of capital raisings using depositary receipts last year, with 14 of the 51 transactions ...
STAR PERFORMERS By Anita Hawser Over the past six years transaction banking has been one of the best performers in an otherwise lackluster banking sector. Even in the midst of a global financial crisis, suppliers and salaries still need to ...
Faraways / Shutterstock.com Demonstrators have been out on the streets of Istanbul and Ankara yet again, keeping Turkey's riot police busy. The cause this time was the draconian curbs the government wants to impose on the Internet. These will enable ...
EMERGING MARKETS ROUNDUP By Kim Iskyan In December, Mikhail Khodorkovsky, one of Russia’s most high-profile political prisoners and the former CEO of Yukos Oil—at one point Russia’s largest oil company—was abruptly released. He had served about 10 ...
SPECIAL REPORT By Anita Hawser To be or not to be? Compliant, that is. Apparently, the answer is it doesn’t matter—at least not yet. Just a few weeks before the February 1 SEPA deadline came to pass, the ...
Demo site: Protestors in Istanbul's Taksim Square last summer ( Photo: Fleshstorm ) Turkey, the onetime sick man of Europe, is ailing again. And the setback has come on with remarkable speed. Just a year ago, the governing Justice and ...
COUNTRY REPORT By Justin Keay As investors query what will happen in Russia’s economy over the near term, the long-term outlook is improving as the business environment is liberalized. Russia will be at the center of world ...
NEWSMAKERS By Justin Keay There were few raised eyebrows when Poland’s premier Donald Tusk replaced his longtime Finance minister Jacek Rostowski with 38-year-old Mateusz Szczurek in a major cabinet reshuffle on November 20. Disagreements between Tusk and Rostowski ...
CORPORATE FINANCING NEWS By Gordon Platt Despite the euro’s surprisingly strong showing in 2013, analysts expect the dollar to advance against most major currencies this year. The euro won’t be allowed to continue to appreciate, or it will ...
FRONTIER MARKETS REPORT By Dan Keeler Ukraine’s decision to turn its back on Western Europe has seriously undermined its near-term appeal, but long-term opportunities remain. Perhaps more than any other country in Europe, Ukraine is torn between ...
Yanukovych: Taking the soft option ( Roland Goodman ) The Ukraine in December secured a $15 billion bailout from Russia, along with a promise that the price for Russian gas imports will by slashed by about one-third. So, is this ...
Despite recurrent anti-government protests and corruption scandals, Slovenia, the tiny Adriatic republic of just over two million, ranks as the 24th-most-prosperous country in the world, according to the annual Legatum Institute Prosperity Index, which ranks 142 countries by criteria like entrepreneurship and opportunity and personal freedom as well as economy.