The Liberal Party representatives who will form Canada’s next government will field several key cabinet posts. Rookie MP Bill Morneau is taking one of the most coveted—minister of Finance.
Management | Corporate Boards
Led by investors such as Carl Icahn, Bill Ackman and Jeff Smith, and targeting companies from DuPont to PepsiCo, campaigns by activist investors have become a common occurrence in the United States in the past few decades.
Big oil companies waited for years to see if anyone could successfully tap into Arctic oil reserves.
United States: Former US Federal Reserve chairman Ben Bernanke lashed out at what he described as a do-nothing Congress in his new memoir, Courage to Act.
Global Finance interviews senior executives from some of the banks featured in this year’s World’s Safest Banks rankings.
Italy: Sergio Marchionne, the 63-year-old CEO of Fiat Chrysler Automobiles (FCA), is celebrated as the mastermind of one of the few successful mergers in the industry’s history, the marriage of Fiat and Chrysler.
Newsmakers | US
In the United States, a real estate developer turned politician is stealing the thunder of many more-seasoned statesmen.
More than a decade ago, the Fed tried to pump life into the faltering US economy. In 2008, the financial markets crashed. There is a connection.
Global Finance’s annual evaluation of the work of the world’s central bankers found some stellar performances, and some dismal ones. The toughest challenge for many: propping up falling prices.
What’s irking central bankers is not that they have bought too many stocks or bonds. Rather, it’s that they haven’t bought enough.
Card Processing | The United States is slowly catching up to the rest of the world in transaction processing, shifting from mag-stripe to more secure EMV payment cards.
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.