Banking | Europe
In its first round of QE, the ECB said that the bonds of only seven European financial institutions were eligible—until further revision, which won’t happen until at least April 15.
Governance, Regulation & Compliance
Banking | Europe
Management | Cash Management
New liquidity rules for banks may force multinational clients to hold more cash in local branches.
Global Finance’s first annual ranking of the top-performing companies in the Middle East shows how much of the region is still in the early stages of reducing its dependence on oil.
Trends | US Dollar/Corporate Earnings
As corporate guidance goes, it was not the most upbeat news ever.
Development in the Middle East, and the Gulf Cooperation Council countries in particular, is being fueled by the growth of Islamic finance.
Country Report | Taiwan
The nation’s banks have benefited from a strengthening economy, but now they must look overseas for growth. And there lies more risk.
Country Report | India
Indian growth and development hold great promise. And policymakers look set to unlock that potential.
Management | Corporate Reporting
For Petróleo Brasileiro, or Petrobras, as the giant Brazilian oil company is called, the time to present audited 2014 results, including the write-downs associated with the highly publicized historical corruption scandal, is running out.
Milestones | Greece
On March 3, the European Bank for Reconstruction and Development approved a request from Athens to invest directly in Greece.
As banks find their margins squeezed on traditional lending and payments activities, nonbank credit and financing—supported by technological innovation—is growing exponentially.
At first glance, Central Asia’s banking sector looks like somewhere you just wouldn’t want to go.
Deflation is one of the worst fears of central bankers and economists worldwide, but the risk it engenders isn’t always clearly defined.
Country Report | Bangladesh
Bangladeshi economic growth has been strong and relatively stable. But the country has a number of business climate challenges that must be addressed before it can reach its full potential as an investment magnet.
Trends | Credit Ratings
More than six years after the housing market crashed—dragging the world economy and stock markets down with it—Standard & Poor’s settled in early February with the Securities and Exchange Commission for its alleged part in triggering the meltdown. The price was relatively cheap, as these things go: $1.4 billion with no admission of wrongdoing.
Capital Markets | Foreign Exchange
Currency pegs around the world are threatening to come unglued following the Swiss National Bank’s surprise move to drop the exchange rate floor of the euro versus the Swiss franc.
Management | Foreign Direct Investment
FDI volumes are declining globally, as some national governments take a stronger stance against foreign ownership of their companies and land.
Newsmakers | Brazil
Aldemir Bendine became one of Brazil’s poster boys for success while at the helm of Banco do Brasil, but his new role as chief executive of the country’s oil giant, Petrobras, is causing him headaches.
Newsmakers | Greece
Following political party Syriza’s triumph in the recent Greek elections, Finance minister Yanis Varoufakis, faces the most critical match of his career.
The decline in eurozone prices is the most dramatic example of deflationary pressures afflicting the globe. All eyes are now on European Central Bank chief Mario Draghi and his efforts to reverse that trend.