The United Kingdom Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Banking

Milestones : Bank Bailouts Could Harm Country Rating

GLOBAL A cautious approach: Bank of England governor Mervyn King. The global credit crunch has highlighted just how far regulators and banks in some markets are willing to go to prop up the domestic financial system. However, clear ...

Award Winners

Features : Awards: Best Developed Markets Banks

WORLD’S BEST DEVELOPED MARKETS BANKS 2008 BEST DEVELOPED MARKETS BANKS Global Finance unveils its annual list of the best banks in developed markets around the world. The past year has been one of the most tumultuous in recent ...

Banking

Features : Fighting Frausters From Winthin

ONLINE FRAUD New technologies and greater understanding of the mechanics of online fraud are helping corporations beat the bad guys. The 2002 film “Catch Me If You Can” was based loosely on a book penned by Frank William Abagnale ...

News

Milestones : European Commission “alarmed” Over Lack Of Transparency

Europe McCreevy: Securitization makes risk get lost, not disappear Six months into the credit crunch, and with banks in other parts of the world such as India still announcing losses from the sub-prime crisis, the European Commission has ...

Country Report

Features : An Island In The Storm

COUNTRY REPORT / CYPRUS Cyprus is hoping that its recent adoption of the euro will help it better survive—and perhaps even thrive—during the coming global turbulence. Cyprus is hoping that its recent adoption of the euro will help ...

News

Milestones : Profits Of Doom: Exxon Mobil Causes Uproar

UNITED STATES Gas complaint: Exxon Mobil says growing consumption is pumping up its profits. A long-simmering debate boiled over last month after Exxon Mobil reported the highest earnings ever by an American corporation, topping its own record set ...

Banking

Newsmakers : Taking Shariah-Compliant Financing Into The Mainstream

UNITED KINGDOM While many Western banks may be struggling with liquidity and funding issues, Middle Eastern banks, awash with liquidity, are increasingly making their presence felt in Western financial markets. One such bank is Qatar Islamic Bank (QIB), whose ...

News

Newsmakers : US CEOs May Face Euro-Style Packages

UNITED STATES / EUROPE With corporate fat cats’ earnings increasingly in the spotlight, particularly in these credit-challenged times, it appears that CEO remuneration packages vary markedly depending on which side of the pond they are on. According to ...

Capital Raising & Corporate Finance

Corporate Finance : Cross-border Mergers Set Record, As Global Consolidation Continues In Many Industries

Mergers & Acquisitions Cross-border mergers and acquisitions accounted for a record 47% of worldwide M&A; transactions in 2007, as global consolidation continued to drive merger activity in the materials, financials, and energy and power sectors, according to Thomson ...

Capital Raising & Corporate Finance

Corporate Finance : Us Economic Slowdown, Rate Cuts To Drub Dollar

Foreign Exchange With the US economy nearing a recession, if it hasn’t already entered one, the Federal Reserve will continue cutting interest rates in the months ahead, likely leading to further losses in the already beat-up dollar, analysts say. The ...

Emerging & Frontier Markets

Milestones : Investors Line Up For A Scalping

Nicaragua Guevara: Deal will put an end to lawsuits. When Nicaragua offered commercial creditors a 95.5% haircut on $1.4 billion in commercial debt as part of a workout, the deal appeared to be more of a scalping. Yet ...

News

Newsmakers : Businesses Face Pressure To Cut Electronics Waste

United Kingdom Davy: Scrapping computers is a huge resource drain Businesses are facing increasing pressure to consider the environmental impact of their IT purchasing habits as awareness grows of the vast amount of natural ...