Global Finance Magazine

Global news and insight for corporate financial professionals

Global news and insight for corporate financial professionals

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Counterfeit goods accounted for an estimated $467 billion in global trade

Economics, Policy & Regulation

Fake Goods Trade Reaches $467 Billion

Counterfeit goods accounted for an estimated $467 billion in global trade in 2021, the latest year with available comprehensive data, says a joint study by the Organization for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO), an EU agency based in Alicante, Spain.
Sponsored Content

In conversation with Arjo Haksteen, Head of Solution Consulting, Surecomp

As the pace of digitisation accelerates worldwide, adoption of cloud-enabled solutions is set to transform trade finance. Surecomp is at the forefront of this trend, while upholding the highest standards of data protection, regulatory compliance and risk management to increase collaboration between banks and corporates and across markets and sectors.
With M&A ramping up in Europe, Italy is leading the way with a dynamic financial sector, boasting seven active deals.

Banking

Italy Is Awash With M&As

With M&A ramping up in Europe, Italy is leading the way with a dynamic financial sector, boasting seven active deals.
ndia’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.

Banking

Japan’s SMBC Buying Stake in Yes Bank

India’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.
Spain, Madrid

Banking

Spain: Post-Pandemic Champion

Spain’s economy keeps outpacing Europe, thanks to tourism, immigration, and a budding pharma sector. But tariff threats and structural challenges loom.
Sponsored Content

Protecting Your Business from AI-Enabled Cyber Threats

Cybercriminals are increasingly using artificial intelligence (AI) to create convincing and hard-to-detect attacks. To stay ahead, companies need smarter defences and a clear, adaptable strategy, says Aaron Chiew, Head of Digital Channels for DBS’ Institutional Banking Group.
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