Ben T. Smith IV, a longtime Silicon Valley executive and currently head of the Communications, Media and Technology practice at Kearney, speaks to Global Finance about the post-SVB venture capital industry and the pace of innovation.
Many of the world's richest countries are also the world's smallest: the pandemic and the global economic slowdown barely made a dent in their huge wealth.
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.
The impact of Basel III on trade was a key topic of discussion at Sibos. As one delegate said: “We have grave concerns around local regulators’ interpretation of liquidity coverage ratios and minimum capital ratios.”
“Regulators need to ensure that [corporate] end-clients do not pay for it if there are difference in implementation,” said another delegate. “The industry is wrestling with how to have a consistent voice and get the right people engaged at a senior level.”
Meanwhile, until regulations take final form, corporates are dealing with price volatility as a result of regulatory and market uncertainty, with every new announcement out of Brussels or the US being priced into trade costs.