Award Winners
INTRA-ASIAN FLOWS: EDDIE LISTORTI, ANZ
Eddie Listorti, co-global head of fixed income, currencies and commodities at ANZ Group in Singapore, sees intra-Asian currency flows as a lucrative opportunity.
News & Features Archive
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Country Report
KUWAIT: A RACE FOR ECONOMIC DIVERSIFICATION
<strong>Kuwait | Country Report</strong><br />
Kuwait is at a crossroads. Despite huge financial reserves, the Persian Gulf state must speed up project implementation to revive a stagnant economy far too dependent on oil revenues.
Capital Raising & Corporate Finance
LITHUANIA FINALLY JOINS THE EUROZONE
<strong>Lithuania | Milestones</strong><br />
On January 1, Lithuania abandoned the litas, becoming the 19th member of the eurozone and joining Baltic peers Estonia and Latvia in the economic and monetary union.
Capital Raising & Corporate Finance
MEXICAN COMPANIES GAIN ACCESS TO EUROCLEAR FOR PESO DEBT
<strong>Corporate Debt | Capital Markets</strong><br />
Euroclear will extend its cross-border settlement services at the end of January to Mexican corporate debt instruments known as cebures, or “bourse certificates.” This will enable Mexican companies to issue peso-denominated debt specifically targeted to international investors.
Award Winners
NEW PRODUCT PROLIFERATION: PHILIP NEL, STANDARD BANK
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.
Economics, Policy & Regulation
NIGERIA: FORTHCOMING ELECTIONS PROMPT FEAR AMONG VOTERS
<strong>Nigeria | Milestones</strong><br />
Nigerians go to the polls next month with some trepidation...
Capital Raising & Corporate Finance
OECD MOVES FORWARD ON BEPS TAX-AVOIDANCE PROJECT
<strong>Regulation | Management</strong><br />
In October the OECD’s Base Erosion and Profit Shifting (BEPS) project released a report outlining its progress on a series of steps it was taking to combat tactics—often legal but ethically questionable—used by many multinational companies to reduce or eliminate tax liabilities across their operations.
Capital Raising & Corporate Finance
OFFSHORE TRADING GETS A CORPORATE EMBRACE
<strong>Renminbi | Trends</strong><br />
Autumn was a sweet season for the offshore progress of the renminbi. One-third (31%) of major German corporations polled in a November survey by Deutsche Bank are trading in renminbi with cross-border customers and suppliers, while another 17% said they intended to do so in 2015.
Country Report
POLAND: NEW ECONOMIC GROWTH PARADIGM WANTED
<strong>Poland | Country Report</strong><br />
Although still outperforming most of its neighbors, Poland needs to reinvent itself if it wishes to sustain long-term growth.
Capital Raising & Corporate Finance
PROXY VOTING: CHANGES TO ISS EQUITY PLAN GUIDELINES
<strong>Proxy Voting | Management</strong><br />
Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies’ equity plans and shareholder proposals for an independent chairman. The changes could create uncertainty for companies during this year’s proxy season.
Capital Raising & Corporate Finance
QATAR INVESTMENT AUTHORITY: AL-THANI TO HEAD SOVEREIGN WEALTH FUND
Qatar | Newsmakers<br />
Sheikh Abdullah bin Mohamed bin Saud Al-Thani, a member of Qatar’s ruling family, was appointed CEO of the Qatar Investment Authority (QIA) as part of a reshuffle that includes the addition of other Al-Thani family members.
Award Winners
RUSSIAN OPPORTUNITY: MIKHAIL PALEI, VTB CAPITAL
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.