Editor's Letter
Editor’s Letter: Declining Consensus
For the past couple of years much international economic debate has focused on issues of growth and austerity, while regulatory debate has focused on Basel III and systemic risks...
News & Features Archive
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Emerging & Frontier Markets
EM News: Building Frontier Markets Access
EMERGING MARKETS INVESTOR: NEWS By Gordon Platt The development of new frontier indexes in both the fixed-income and equity markets is making it easier for institutional investors to trade often risky and illiquid securities out of just-developing markets. ...
Capital Raising & Corporate Finance
Emerging Markets Asset Management
SEISMIC SHIFT By Gordon Platt The emerging markets account for an ever-increasing percentage of global investable assets, and the demand for investors' services is growing commensurately. New domestic players are popping up, and global managers are partnering with ...
Banking
Fed Allows Chinese Bank To Acquire US Banking Assets
MILESTONES: UNITED STATES / CHINA By Gordon Platt The Federal Reserve gave its seal of approval to China’s system of bank regulation and unanimously approved the first-ever takeover of a US retail bank by a state-owned Chinese bank. Photo ...
Capital Raising & Corporate Finance
FX: Europe’s Crisis Deepens Euro Worry
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro is likely to decline against the dollar in the medium term, due to political uncertainty in Europe and weak economic conditions, analysts say. “The eurozone debt crisis is ...
Economics, Policy & Regulation
Global Salon: Instability And Finance
INSTABILITY AND FINANCE By Paula Green Global Finance sat down with noted author and international economist James K. Galbraith to hear his views on political instability, its relation to income inequality, and what the implications are for the ...
Banking
Islamic Financing Facility To Be Tested By US Courts
MILESTONES: MIDDLE EAST / US By Anita Hawser The ability of US bankruptcy law to handle shariah-compliant structures is being tested after Bahraini firm Arcapita Bank’s decision in March to file for bankruptcy protection in the US. Business ...
Capital Raising & Corporate Finance
M&A: Indonesia Delays Bank Danamon Deal
CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt Indonesia’s central bank said it will wait until new bank-ownership rules are in place to consider Singaporean banking outfit DBS Group’s $7.2 billion takeover bid for Bank Danamon Indonesia. Indonesia ...
Banking
Middle East Transaction Banking
NEW GRAVITATIONAL PULL By Ryan Harrison As companies in the region expand globally, their treasury and trade processes are growing in sophistication. As a result, transaction banking is becoming an ever-more-important business driver for both regional and global ...
News
No Joy For Rajoy
NEWSMAKERS: SPAIN By Anita Hawser Spanish prime minister Mariano Rajoy is probably glad he is not running for office at present. Tough task to sort out Spanish banks Photo Credit : MATTHI/ Shutterstock.com Having swept to power in elections ...
Banking
Poverty, Bank Fees Blamed For Growth Of The Unbanked
MILESTONES: GLOBAL By Paula Green Whether it’s that endless, dusty bus ride to the nearest automated teller machine or simple poverty that keeps them from opening a bank account, the 2.5 billion people who do not have accounts with ...
News
Profumo Starts With A Splash At Monte Dei Paschi
NEWSMAKERS: ITALY By Luca Ventura When Tuscan bank Monte dei Paschi di Siena appointed the charismatic Alessandro Profumo as its new chairman in late April, the news made headlines around the world. Profumo is ready for the challenge ...