Editor's Letter
Editor’s Letter: Evolving Landscape
DEAR READER JANUARY 2014 | VOL. 28 NO. 1 Janet Yellen steps in as the new chair of the Federal...
The United States
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Country Report
Kuwait: Reshaping The Welfare State
COUNTRY REPORT By Gordon Platt Oil-rich Kuwait is finally making progress on implementing its multibillion-dollar development program and improving its business operating environment. Despite its aim to become a world-class financial and commercial center, the Arab Gulf ...
Capital Raising & Corporate Finance
Supply Chain: Rising Tides Of Risk
RISK MANAGEMENT By Andrew Osterland As companies expand their supply chains globally, the hazards they face—from extreme weather events to political upheavals—expand too. Managing such risks comprehensively beats rolling the dice. The lure of fast-growing markets and ...
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, ...
News
Westerner To Run Japans Takeda?
NEWSMAKERS By Gilly Wright Japan’s largest pharmaceuticals firm, Takeda, has appointed Frenchman Christophe Weber as COO in a highly unusual move designed to groom him for the role of CEO. Weber will join the firm in April 2014, ...
Awards
World’s Best Foreign Exchange Providers
ANNUAL SURVEY — STABILITY AMID CHANGE By Gordon Platt A global investigation into trading irregularities has not hampered growth or innovation in one of the world’s largest and most volatile markets—foreign exchange. The $5.3 trillion-a-day foreign exchange ...
Economics, Policy & Regulation
An Odd Twist In The Geopolitics Of Gas
Global energy markets are attending closely to recent natural gas discoveries in the eastern Mediterranean and their implications for the availability and pricing of energy resources.
Capital Raising & Corporate Finance
Globalization At A Crossroads
Twelve months is a long time in financial markets, and the phenomenon of globalization appears to have reached a fork in the road, with growth in emerging markets looking challenged. Is the globalization frenzy coming to an end?
Capital Raising & Corporate Finance
Junk Bond Issuance: Scrapped
CORPORATE FINANCING NEWS High-yield corporate bond issuance and trading have slowed considerably in the face of uncertainty about Federal Reserve monetary policy, at a time when chairman Ben Bernanke is about to hand over the reins to Janet Yellen, ...
Economics, Policy & Regulation
Latin America: Libra Rising
EMERGING MARKETS REGIONAL REVIEW Latin America may be experiencing its worst slowdown in economic growth since the global financial crisis, but there are some bright spots for investors willing to play a long game. While some analysts had predicted 2014 ...
Economics, Policy & Regulation
Middle East: A Different Kind Of Fuel
Oil may be the liquid that drives many of the economies in the Middle East, but the spread of the Internet has unleashed a new generation of tech-entrepreneurs and start-ups, fueling hopes of a non-oil economy for the future.
Award Winners
World’s Best Derivatives Providers 2013
GLOBAL RISK MANAGEMENT — BANKS, PLATFORMS VIE FOR CONTROL By Gordon Platt Global Finance presents its annual awards highlighting the best global derivatives providers. Four large commercial banks account for 93% of the total US banking industry’s notional amounts of ...