Foreign Exchange

CURRENCY CRISES AND CURRENCY WARS   By Gordon Platt   FX has withstood many crises, including speculative attacks on the British pound, the Mexican peso crisis, the Thai baht crisis and, more recently, a euro under strain and a potential threat ...

AFRICA UNBOUND   By Antonio Guerrero   Arnold Epke, group CEO at Ecobank, a pan-African bank founded in 1985 and with a presence in 32 countries, shares his insights on Africa's past, present and prospects.   Global Finance : How will ...

SEXY AND SOPHISTICATED   By Anita Hawser   Oiling the wheels of global trade has never been more important, particularly as regulation and capital constraints challenge banks' commitment to the business.   Collaborative B2B platforms and investors are poised to play ...

SUSTAINING THE MIRACLE   By Anita Hawser   Mike Rees, CEO, wholesale banking, Standard Chartered, discusses the risks and opportunities for emerging markets going forward, and China's economic transformation.   Global Finance: What key events have shaped the current global economy? ...

SUCCESSES   By Laurence Neville   A quick glance at the Fortune 500 for 1987 and 2012 reveals a number of similarities in the ranking of the largest companies in the US: ExxonMobil, GM, Ford, GE and AT&T all feature prominently ...

DRIVE FOR DEMOCRACY   By Gordon Platt   Adel El-Labban, group CEO and managing director of Ahli United Bank, Bahrain, has had a major influence on Middle Eastern banking.   Global Finance: The past 25 years in the Middle East have ...

A Time Of Profound Change   By Thomas Clouse   Zhang Jianguo is president and chief executive of China Construction Bank (CCB) .   Global Finance: How will China´s financial system change as interest rates liberalize, capital markets develop, and ...

Transformation   By Justin Keay   How things change. A list of the best business, economics and finance books compiled pre-crisis would probably have focused on up-and-coming Internet companies, how to make a fortune on the stock exchange, how to invest ...

EVOLVING RISKS   By Al Modugno   Steve McGill is group president of Aon plc and chairman and chief executive officer of Aon Risk Solutions. He oversees the development of Aon's overall growth strategy and opportunity planning.   Global Finance: What events over ...

DISINTERMEDIATION AND GLOBALIZATION   By Thomas Clouse   Piyush Gupta is CEO of Singapore's DBS Group Holdings and DBS Bank.   Global Finance: What have been the key financial trends since 1987? Piyush Gupta: On a global level, disintermediation, not just ...

GROWTH AND DEVELOPMENT   By Udayan Gupta   David Wilton is chief investment officer and manager, global private equity, at theWorld Bank's IFC, with responsibility for its investment program in emerging markets funds globally. He is a member of the Pension ...

THE STARS SHINE BRIGHT   By Kathryn Tully   For its anniversary issue, Global Finance crunched the numbers to come up with the institutions that have won our World's Best Bank awards most often over the past 16 years. Presenting The ...

THE HUMAN FACTOR IN ECONOMIC THEORY   By Justin Keay   Traditional economic theory has been challenged by recent market events in global financial markets, and that challenge has given rise to a new generation of economic soothsayers who are looking ...

MODERNIZATION   By Justin Keay   Back in 1987 the main recipients of foreign direct investment were developed markets, plus some of Asia's miracle economies. Emerging markets barely featured. Today Russia and Poland are in the top 25 along with India, ...

HISTORY AT A CROSSROADS   By Valentina Pasquali   Rubens Amaral is the incoming CEO of Bladex, the Foreign Trade Bank of Latin America, a supranational institution that serves the capitalization needs of banks and promotes foreign trade across the region. ...

MECHANISMS OF GROWTH   By Antonio Guerrero   Twenty-five years ago, Goldman Sachs' Jim O'Neill was still more than a decade away from coining the acronym BRIC to identify the high-growth markets of Brazil, Russia, India and China—an event which signaled ...

STRONG GROWTH PROSPECTS   By Valentina Pasquali   José Alberto Vélez is the president of Cementos Argos, the leader in the cement industry in Colombia, with operations in the Caribbean—Panama, the Dominican Republic and Haiti—and the United States.   Global Finance: ...

WILL JAPAN REGAIN ITS GREATNESS?   By Michael Shari   Business is trying to resurrect Asia's economic miracle a year and a half after the Tohoku tragedy.   Tokyo is enjoying a long-deserved renaissance. Young professionals are converging from all ...

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   The European debt crisis remains the key focus of foreign exchange market participants, as the slowdown in the global economy increases pressure on central banks and government officials to take ...

THE POWER OF ONE   By Gordon Platt   Thirty-one years have passed since the six Arab oil-producing countries of the Gulf formed an economic and strategic alliance, following the outbreak of the Iran-Iraq war.   Known as the Gulf ...