Banking
ARE BANKS UNSAFE AT ANY SIZE?
Banking Regulation<br />
The globe’s financial systems are still vulnerable to contagion. Critics say regulators are unlikely to fix the problem unless they shift gears.
News & Features Archive
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Banking
ARGENTINE GOVERNOR MAY FURTHER DILUTE CENTRAL BANK INDEPENDENCE
Newsmakers | Argentina<br />
Argentine president Cristina Fernández de Kirchner in early October triggered the resignation of the head of the country’s central bank, Juan Carlos Fabrega, by criticizing him for not reducing manipulation of the country’s currency. His replacement, Alejandro Vanoli, formerly the head of the country’s securities regulator, CNV, doesn’t look likely to set Argentina on a better path.
Awards
BIGGEST EMERGING MARKETS BANKS 2014
On A Grand Scale<br />
Chinese banks take first 10 places in rankings.
Awards
BIGGEST GLOBAL BANKS 2014
Big Is Beautiful<br />
Assets of ICBC exceed $3 trillion, while European banks shrink.
Banking
CEFIS’ DUAL FOCUS ON BANKING AND SOCIAL DEVELOPMENT
Management | Transaction Banking<br />
Alberta Cefis is retiring from Scotiabank after building its global transaction banking business practically from the ground up.
Banking
CFTC CONSIDERS REGULATING BITCOIN DERIVATIVES
Trends | CryptoCurrencies<br />
There are potential benefits that bitcoin or bitcoin-like technology—as opposed to the cryptocurrency itself—could bring to the derivatives marketplace.
Award Winners
CHINA: BANKS FORCED TO INNOVATE IN FAST-CHANGING MARKET
Annual Survey | Stars Of China<br />
Nothing has characterized the recent pressure on traditional banking in China more than the challenge posed by Internet companies to the Big Four Chinese Banks
Economics, Policy & Regulation
COLOMBIA TO JOIN OECD
Milestones | Colombia<br />
The Organization for Economic Cooperation and Development (OECD) is a relatively small club of 34 countries. It seeks long-term social and economic development through data collection, analysis and discussions.
Features
Corporate Upgrades Propel Local-Currency Bond Issues
Emerging Markets<br />
Corporate bond markets denominated in domestic currencies are developing rapidly in many emerging markets, enabling local companies to issue debt without having to worry about repaying it in revalued dollars.
Capital Raising & Corporate Finance
CROSS-BORDER M&A DOUBLES AS COMPANIES ENTER NEW MARKETS
Capital Markets | Mergers & Acquisitions<br />
Global cross-border mergers and acquisitions totaled $1.1trillion during the first nine months of 2014, more than double the level of the same period a year earlier, according to Thomson Reuters.
Economics, Policy & Regulation
CYPRUS BEGINS LONG ROAD TO RECOVERY
<b>COUNTRY REPORT | CYPRUS</b><br />
Amid continuing harsh austerity measures, things are—very slowly—starting to recover, alongside restructuring that will change the focus of the economy. GDP in 2014 should contract by 3.5% before flattening out next year, with 0.2% growth forecast.
Capital Raising & Corporate Finance
FOCUS ON M&A DUE DILIGENCE
Management | Compliance Risk<br />
Corporations are stepping up their efforts to mitigate execution risk in cross-border mergers and acquisitions, as growing numbers of regulators worldwide are becoming more stringent about enforcing antitrust and anticorruption laws.