Global Finance Magazine

Global news and insight for corporate financial professionals

Global news and insight for corporate financial professionals

Author: Luca Ventura

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Economics, Policy & Regulation

CANADA: NEW FINANCE MINISTER HAS BIG SHOES TO FILL

When, on March 18, longtime Canadian Finance minister Jim Flaherty unexpectedly announced his resignation, few were perhaps more surprised than his soon-to-be successor, Joe Oliver, the 73-year-old minister of Natural Resources.

Banking

Italy: Remodeling The Vatican Bank

MILESTONES By Luca Ventura The oldest multinational in the world is about to get a substantial makeover. The news came on February 24th, when its CEO, Jorge Mario Bergoglio, also known as pope Francis, issued a Motu Proprio, ...

Emerging & Frontier Markets

IsraelPalestine Gas Accord

MILESTONES By Luca Ventura When in early January the US secretary of state John Kerry traveled to the Middle East,...

Economics, Policy & Regulation

The Return Of Ratings Shopping?

MILESTONES By Luca Ventura The announcement came early in November. Expressing the intention to break the monopoly of the Big Three in the financial ratings industry, credit ratings organizations from five countries proclaimed the launch of ARC Ratings, ...

Capital Raising & Corporate Finance

Apple Turns To Celebrity CEO

When Apple announced back in October that it had hired Burberry CEO Angela Ahrendts to lead its retail operations, the initial shock among analysts and investors wore off quickly. Though it was a surprise move, it made perfect sense.

Capital Raising & Corporate Finance

China/Ukraine: Mutual Attractions

MILESTONES By Luca Ventura With a fifth of the worlds population but only 9% of its land, China in recent...

Emerging & Frontier Markets

Serbia: Can Lazar Krstic Cut It?

NEWSMAKERS By Luca Ventura Lazar Krsti has a daunting task ahead: saving Serbia from a debt crisis. A Yale graduate with no party affiliations or political experience, the 30-year-old McKinsey associate is expected to consolidate public finances and ...

Banking

Brazil: IMF Rep Opposes Greek Bailout

MILESTONES By Luca Ventura “Implementation has been unsatisfactory in almost all areas; growth and debt sustainability assumptions continue to be over-optimistic.” It is with these incendiary comments about Greece that Paulo Nogueira Batista, the representative of Brazil and ...

Economics, Policy & Regulation

Newsmakers: Bringing Back The Old Guard At P&G

NEWSMAKERS: US By Luca Ventura When AG Lafley handpicked Robert McDonald as his successor to the top post at Procter & Gamble in 2009, he could not have predicted that just four years later he would be called ...

Capital Raising & Corporate Finance

Newsmakers: Economic Reformer Tackles Domestic Pressures

NEWSMAKERS: CHINA By Luca Ventura As China’s economy faces its slowest growth in more than a decade, the focus turns to the new Finance minister, Lou Jiwei. Lou, 63, has arguably the highest international profile among prime minister ...
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