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Emerging Markets’ Biggest Banks

EMERGING GIANTS   By Andrew Cunningham   Global Finance presents its annual listing of the Biggest Banks in the Emerging Markets.   Eight of the 10 biggest emerging markets banks are Chinese, and a further 10 Chinese banks are included ...

Emerging & Frontier Markets

Roundtable: Turkey Banking And Finance

AN INVESTMENT-GRADE STORY   Moderated by Dan Keeler   Global Finance hosted Turkey’s central bank governor and Turkish financial executives at a roundtable in Istanbul in September to discuss economic development, the importance of Turkey’s upgrade to investment grade and ...

News

Salon: David Kirkpatrick, Techonomy

ERADICATING THE HIERARCHY   By Vanessa Drucker   In this month’s Salon, Global Finance sits down with David Kirkpatrick, author of The Facebook Effect. As founder and CEO of Techonomy, he hosts conferences that illuminate the growing connection between technology, ...

Country Report

Country Report: Lebanon

AGAINST ALL ODDS   By Justin Keay   Mid-20th-century tourists flocked to Lebanon, the Switzerland of the East. War and instability long ago changed that. Now, with the Syrian conflict spilling over its borders, the country faces yet another round ...

Capital Raising & Corporate Finance

DRs: Russia, Mexico Depositary Receipts

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Sberbank, Russia’s largest bank, raised $5 billion in a secondary share sale in London and Moscow in September that had been delayed for more than a year because of unfavorable ...

Capital Raising & Corporate Finance

FX Supplement: The Renminbi As A Reserve Currency

THE RENMINBI GOES GLOBAL   By Gordon Platt   Pressure from BRIC countries for a new international reserve currency to replace the dollar is growing.   China, the world’s leading trading nation, would like to reap some of the benefits ...

Banking

Islamic Finance Goes Global

COMING OF AGE   By Anit a Hawser   Islamic finance is starting to spread within the countries of North Africa with high Muslim concentrations.   Any discussion of Islamic finance usually includes Islamic financial hubs such as Malaysia or ...

Banking

Newsmaker: Turkey Transitions To Investment Grade

NEWSMAKERS: TURKEY   By Dan Keeler Turkey’s authorities are concerned that the economic boost provided by an upgrade to investment grade by Fitch Ratings could trigger some unwelcome side effects.   Erdem Baç says he can keep inflation in check ...

Capital Raising & Corporate Finance

Turkey: Still An Investment Darling

TURKISH DELIGHT   By Justin Keay   Turkey's economy is one of the few in Europe experiencing positive growth, but as the pace of economic reform slows and a rising current-account deficit looms, pundits are beginning to ask, has complacency ...

Banking

Central Banker Report Cards 2012: Europe

By Gordon Platt, Antonio Guerrero and Anita Hawser EUROPE BELARUS Nadezhda Ermakova Grade: C Ermakova assumed the chairmanship of the central bank in August 2011 under somewhat controversial circumstances. Her predecessor, Petr Prokopovich, retired against a backdrop of spiraling inflation ...
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