News & Features Archive

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Emerging & Frontier Markets

India: Tata Steel Sells Assets

EMERGING MARKETS ROUNDUP: INDIA by Aaron Chaze Tata Steel: Trimming debt In an attempt to trim its debt, India’s largest steel producer, Tata Steel, is to sell its 26.3% stake in Riversdale Mining, the Australian Stock Exchange–listed coal ...

Emerging & Frontier Markets

India’s Power Shortages Spurring Demand For Coal

EMERGING MARKETS INVESTOR / COMPANY TO WATCH: COAL INDIA/INDIA by Gordon Platt Coal India has enjoyed a solid increase in its stock price since it listed on the Bombay Stock Exchange last November in the country’s biggest-ever IPO, ...

Capital Raising & Corporate Finance

M&A: Cash-Rich Firms Drive M&A

CORPORATE FINANCING NEWS / MERGERS & ACQUISITIONS Corporate Finance Focus by Gordon Platt Corporations worldwide are using their cash stockpiles to make acquisitions and are driving M&A; activity to a higher level that confirms the bullish trend ...

Emerging & Frontier Markets

ME: Lebanon’s Future Uncertain

EMERGING MARKETS ROUNDUP: MIDDLE EAST by Gordon Platt After five months of political wrangling, Lebanon’s prime minister Najib Mikati on June 13 announced a new government led by the Shiite Hezbollah movement, giving Syria and Iran renewed influence ...

Banking

Regional Report: GCC

GUNS AND BUTTER The GCC (Gulf Cooperation Council) countries, led by Saudi Arabia, will spend $120 billion over the next few years to buy advanced fighter planes and anti-missile defense systems. They are spending even larger sums to placate ...

Banking

Regulators In The Driver’s Seat

SIBOS 2011— REGULATION By Denise Bedell Companies—and their banks—are increasingly mindful of how regulatory changes, such as the introduction of Basel III, will affect their corporate banking activities and the cost of banking services. Wholesale banking activities—in ...

Emerging & Frontier Markets

Russia: Tensions Between Leadership Duo

EMERGING MARKETS ROUNDUP: RUSSIA by Kim Iskyan Medvedev and Putin go head to head During his June 17 speech at the St. Petersburg International Economic Forum, Russia’s version of Davos, president Dmitry Medvedev highlighted his reformist stance ...

Banking

Special Report: Sibos 2011

SIBOS 2011 Change is in the air at this year’s annual Sibos conference in Toronto. Hosted by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the conference provides a forum for the world’s biggest corporate and investment banks to ...

Banking

The Trade Revolution

SIBOS 2011— TRADE FINANCE By Denise Bedell Trade finance is in the midst of wrenching changes, and banks must keep pace with them or face loss of market share and a deterioration of their client base. The ...

Editor's Letter

The Uncertainty Factor

As we go to press with this double issue of Global Finance, uncertainty seems to be the dominating factor of the economic climate...

Banking

Virtual Competition Presents A Real Challenge

TECHNOLOGY— SIBOS 2011 By Anita Hawser Banks are facing growing competition from technologically advanced nonbanks as customers seek more convenience and higher service levels. Imagine a world where money is no longer thought of as something physical ...

Emerging & Frontier Markets

Wealth And Democracy Go Hand In Hand

MILESTONES / GLOBAL by Laurence Neville Renaissance’s Robertson: “China in risky period” China will become a democracy by 2017, while Russia is highly likely to become a strong democracy within the next few years, according to a remarkable ...