Banking
Toward Standards In Islamic Finance
Banks' internal Shariah boards engender 'conflicting rulings,' so investors look to homogenize industry practices.
News & Features Archive
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Capital Raising & Corporate Finance
Venezuela Skirts US Sanctions By Issuing The Petro
To get around sanctions, Venezuelan president Nicolas Maduro is issuing an oil-and-reserves-backedcryptocurrency. If it succeeds, the ICO should provide the government with access to $6 billion. But cryptos are dicey.
News
World Awaits Beijing’s New Central Banker
Beijing's top central banker is retiring. With no successor named yet, the rumor mill starts churning.
News
New German Finance Minister Might End Euro-Austerity
Olaf Scholz’s spending policies and his Social Democratic Party'scriticism of Angela Merkel's ‘forced austerity’could lead to higher spending, a reduction of Germany’s historical surplus and the risk of inflation.
Economics, Policy & Regulation
Restructuring Pro Takes Over At Toshiba
Nobuaki Kurumatani, a former banker experienced in restructuring distressed companies,will be the first outsider to run the electronics giant in more than 50 years.
Data
Stormy Recovery Path for the Caribbean
Despite hurricane damage, average economic growth in the Caribbean is expected to top the Latin American average according to the IMF. However, Dominica's GDP is expected to decline and weak growth is likely in Puerto Rico and the U.S. Virgin Islands where pre-existing macroeconomic weaknesses were compounded by storm damage.
Banking
Humanistic Finance
At Global Finance’s annual private-bank awards dinner in Manhattan, talk revolved around how wealth can best serve people and create value worldwide.
News
Markets Cheer Change in Pretoria
The rand and South African stocks rallied on the news of Zuma's removal as the republic's president, but challenges remain for his successor.
Capital Raising & Corporate Finance
Expat CFOs Improve Reporting, Study Says, But Maybe Only In Europe
A Bocconi University analysis shows that a foreign CFO is likely to add a layer of investor protection. While anecdotal reports support this, the view from emerging markets suggests the global reality is not so straightforward.
Capital Raising & Corporate Finance
Companies Brace To Put Leases On Balance Sheet
With deadlines only months away, treasury officers will need to improve their processes and leverage new technology to meet new IFRS and GAAP standards.
Emerging & Frontier Markets
Lebanon signs first oil and gas exploration contracts
French Total, Italian ENI and Russian Novatek won Lebanon’s first tender for hydrocarbon exploration and production. Operations start in 2019 in two offshore blocks, including one disputed by Israel.
Banking
Samba Financial Group: Practical and Proud
Rania Nashar, CEO of Samba Financial Group, is the first female CEO of a listed commercial bank in Saudi Arabia. She talks about modernization in the kingdom and at the bank, as well as Samba’s role in supporting the reinvention of the national economy.