Global news and insight for corporate financial professionals
United States By Gordon Platt Whodunnit? Mystery buyer mops up US treasuries The last thing the global financial markets need right now is a failed US treasury bond auction. Thankfully, recent auctions have gone smoothly, with the swelling ...
United States By Gordon Platt Dodd: Taking direct aim at Fed’s supervisory role The chairman of the Senate banking committee, Connecticut Democrat Christopher Dodd, has taken dead aim at the Federal Reserve’s authority to supervise banks in what ...
United States/Global By Gordon Platt Geithner: There should be no return to business as usual It looks like there could be significant reform of the global banking system after all. US Treasury secretary Timothy Geithner pushed for meaningful ...
Istanbul, October 6th, 2009 - Global Finance magazine hosted its thirteenth annual Best Bank Awards ceremony on October 6th, 2009, in Istanbul (Turkey), at the same time as the Annual Meetings of the IMF and World Bank. More than 200 ...
UNITED STATES/CHINA By Gordon Platt Kirk: Facing key decision on trade barriers US Trade Representative Ron Kirk hailed the World Trade Organization’s dispute panel’s ruling in August against China’s system of importing and distributing books, magazines, films, DVDs, ...
UNITED STATES By Gordon Platt Bisson: Banks are too reliant on stock options The populist uprising against paying big bonuses to top executives of banks bailed out with taxpayer money is in large part warranted, according to a ...
With bank stability still high on corporate and investor agendas, Global Finance magazine publishes in the October 2009 issue its annual list of the world’s safest banks. Global Finance has published its world’s safest banks listing for 18 years. ...
THE WORLD'S BIGGEST BANKS 2008 Rank Name Country Fiscal Year Total Assets ($b) 1 Royal Bank of Scotland Group United Kingdom 12/2007 3,807 2 Deutsche Bank Germany 12/2007 2,974 3 BNP Paribas France 12/2007 2,494 4 Barclays United Kingdom 12/2007 ...
NEW YORK, July 21, 2009 — Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in the Middle East and Africa. This is the 10th year Global Finance has named the World’s Best Internet ...
President Obama's determination to do "whatever it takes" to rebuild the economy appears to be paying off. But it is his actions across the whole range of policy initiatives that will have the greatest impact on global corporations. By ...
China and Brazil appear to be joining forces in an attempt to unseat the dollar as the de facto global reserve currency. By Anitar Hawser According to Brazil’s central bank, the two countries are actively discussing trading with ...
CHINA / UNITED STATES Wen Jiabao: May be preparing ground for major policy shift. Wen Jiabao, China’s premier, has had a lot to say about US treasury bonds and the relative value of the yuan lately. Perhaps he ...
United Kingdom/United States Perella: Sees major opportunities Joseph Perella’s new investment firm looks well positioned to book some major deals in the Middle East. With petrodollars from around the world flooding into investments in the Gulf ...
UNITED STATES Hardhitting team appointed to curb US carbon emissions With a new line-up of officials steering Washington’s environmental and energy policies for the next four years and global talks under way to iron out a successor pact ...
Regional report Calls to renegotiate Nafta are growing louder, and as the three member countries’ economic travails deepen, the arguments for a revision are gaining ground. The economic crisis that began in the United States has had a dramatic ...
GLOBAL BANKS Corporate Bank JPMorgan Chase Consumer Bank HSBC Private Bank Credit Suisse Asset Management State Street Global Advisors Custody The Bank of New York Mellon Investment Bank Goldman Sachs Cash Management Citi Trade Finance BNP Paribas Foreign Exchange Deutsche ...
UNITED STATES As the credit crisis deepens and government measures to kick-start bank lending fall short of the mark, the mood among company CEOs, particularly those with operations in Europe and Asia, is beginning to darken. These are the ...
UNITED STATES Barack Obama takes the oath of office during the inauguration ceremony President Barack Obama’s inauguration on January 20 bordered on a coronation, but the rhetoric will have to be turned quickly into reality if the historic ...
United States Marenzi: Interbank lending assertions are puzzling. A chorus of dissenting voices has emerged that is challenging the widely held belief that interbank lending markets have dried up, commercial lending is being curtailed, and non-financial commercial paper ...
UNITED STATES IMF headquarters in Washington DC. Just as a reenergized International Monetary Fund has been basking in the glory as the potential savior of the world’s crumbling economy (see cover story, page 28), the agency has found itself under ...