Mikhail Palei, head of foreign exchange flow at VTB Capital in Moscow, expects international banks to lose their appetite for risk in the Russian ruble—which he sees as an opportunity for Russia’s FX desks.
Antti Ranta, head of FX at Nordea in Helsinki, sees demand growing for emerging markets currencies in Nordic countries—and for advice on how to trade them.
Regulatory uncertainty, technological change and traders behaving badly have collided in a perfect storm for banks’ foreign exchange operations
Philip Nel, head of FX trading for Africa at Standard Bank in Johannesburg, anticipates a proliferation of new foreign exchange products in countries across the continent.
UK Corporate Tax | Trends
Britain likely will succeed in taxing multinational companies at a 25% rate on their UK operations beginning in April, without violating international tax treaties, analysts say, but tensions are rising between countries on suspicions that MNCs are engaging in global tax evasion.
Last year ended with a data breach of the US retailer Target, this year "The Sony Hack". What will 2015 hold for cyberattacks and cybersecurity?
How significant is a digitized, simplified, single platform to trade finance?
Website design is becoming more important than ever, particularly in areas such as ease of use, security features, integrated functions and aesthetics.
Venture Capital | Trends
Start-up companies and innovators in the Arab World have suffered from underinvestment and lack of technology infrastructure in recent years.
What is the key consideration in adopting a digitized banking strategy?
In the final installment of a two-part series, Global Finance recognizes the best corporate/institutional and consumer Internet banks globally and in six regions, as well as an overall winner. We spotlight the financial institutions around the world that are leading the way in digital banking services that generate strong business results.
How has Internet banking evolved in the last year or so?
To most people the idea of infrastructure investment denotes visions of water systems, highways and bridges, and basic general services usually relegated to municipal authorities. Recently, however, at the Canadian Council for Public Private Partnerships Conference in Toronto, a new model for infrastructure was discussed – that of the “intelligent city.”
Milestones | India
In partnership with more than 50 state-run, cooperative and private banks, India’s National Democratic Alliance government has launched the world’s largest financial inclusion project to bring 75 million households into the banking fold by the end of January 2015.
Newsmakers | United States
HP CEO Meg Whitman’s volte-face announcement to split the company in two has drawn a lot of speculation about, and criticism of, the motives behind the decision.
Global Finance’s annual list of Who’s Who in Foreign Exchange.
NEWSMAKERS | UNITED STATES
The technology community has warmly welcomed the appointment of Megan Smith as the next chief technology officer of the US.