Regulators are starting to ask more questions about cross-border payment flows, which is forcing banks to have more nuanced conversations with their networks of correspondent banks.
Governance, Regulation & Compliance
When former UBS and Citigroup derivatives trader Thomas Hayes was found guilty last month on all eight charges of conspiracy to manipulate Libor, it was the verdict heard around the world.
Management | Leadership Challenge
Nearly two out of three chief financial officers worldwide aspire to become chief executives of their company, but relatively few succeed in occupying the corner office.
At this point, it’s pretty much assumed that hackers are going to break into corporate computer networks. Global Finance talked with Michael Morris, chief Technology Officer of root9B, which offers cybersecurity services to corporate and government entities, about the war on digital attackers—and how businesses can retake some ground.
Trends | Bribery & Corruption
Anti-bribery and corruption enforcement efforts are picking up worldwide, with private firms more likely to be targeted, while large, state-owned enterprises are getting off easier, according to a report by Moody’s Investors Service.
Management | Compensation
Gap Accounting: Some five years and 287,000 comments after the pay-ratio disclosure rule was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the US Securities and Exchange Commission issued the final regulation in August.
SIBOS Supersection 2015 | Commercial Paper Programs
Regulatory changes and GE Capital’s exit from the commercial paper market could pose a big problem for corporate treasury departments.
SIBOS Supersection 2015 | Bank Relationship Management
Basel III and other regulatory developments are causing a sea change in bank-corporate relationships. It is up to corporate treasurers to lead that 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.
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.
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.
Special Report | Private Banking
Offshore banking, the booking and management of assets outside an individual’s country of domicile, has taken a beating since the financial crisis.
Capital Markets | M&A Antitrust
Antitrust authorities around the world are stepping up their merger-monitoring activities amid a boom in cross-border M&A. They’re increasingly requiring merging companies to divest assets to win approval for their deals. In some cases, complex requirements are causing corporates to abandon proposed combinations.
Capital Markets | Derivatives
Life may have just become a bit easier for finance executives at companies with captive finance units—which is to say, almost all automakers and scores of equipment manufacturers.
Capital Markets | M&A Pharmaceuticals
In what could become Israel’s biggest cross-border M&A deal ever, Teva Pharmaceutical Industries made an unsolicited $40 billion offer to acquire Mylan, a Pennsylvania-based drugmaker registered in the Netherlands with operational headquarters in the UK.
SEC & Executive Compensation | Five years after the 2010 Dodd-Frank financial reform act, several of its controversial corporate governance provisions on executive compensation continue to wend their way through the system.
Special Report | Global Payments
When it comes to enriching corporate card programs, the focus is on technologies and policies that can boost efficiency, visibility and controls.