Capital Raising & Corporate Finance
NAIROBI EXCHANGE LISTS OWN SHARES TO RAISE FUNDS FOR EXPANSION
CAPITAL MARKETS | AFRICAN EQUITY<br />
Initial public offerings on the Nairobi Securities Exchange have been few and far between in recent years.
Features
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Capital Raising & Corporate Finance
NO COLLATERAL DAMAGE TO HEDGES AFTER ALL
MANAGEMENT | DERIVATIVES REGULATION<br />
Nonfinancial corporations that hedge risk by using derivatives not traded on exchanges won an important victory in early September, when US bank regulators agreed to exempt such companies from rules that would have required them to post collateral against their positions.
Emerging & Frontier Markets
SEEKING TO DIVERSIFY
FRONTIER MARKETS REPORT | KAZAKHSTAN<br />
Kazakhstan is rife with investment opportunities, but companies must be aware of the country’s regional commitments and business climate.
Capital Raising & Corporate Finance
TORONTO, VANCOUVER PARTNER TO FORM RENMINBI TRADING HUB
TRENDS | RENMINBI TRADING<br />
Even though Toronto is the center of Canada’s financial industry, much of the country’s trade with China passes through Vancouver. Groups in both cities have decided to work together to promote Canada as a trading hub for the renminbi.
Features
Trade Documentation Solutions To Drive EM Trade Growth
Inside Sibos | Review<br />
From a product perspective, a key area of commitment is related to trade documentation: “We have been active in this area for many years and it is undergoing transformation. I am convinced that BPO [bank payment obligations] will have success..."
Economics, Policy & Regulation
Asian Treasurers Match Strategy To Action
Inside Sibos | Day 3<br />
The increasing sophistication of Asian corporate treasuries to buoy the rapid development of Asian companies is a message that has been growing in resonance in recent years, and it is once again a topic of discussion at this year’s Sibos conference.<br />
Features
Seeing Opportunity In Obstacles
Inside Sibos | Day 3<br />
“Global Transaction Banking is the fastest growing unit in Société Générale,” says Christian Behaghel, head of GTB at Societe Generale. “It is a very stable business, and while we generate something like 6% of the total revenue of the bank, we are experiencing growth of our revenue of 10-15% a year.” This compares, he says to some areas of retail banking that have 0-2% growth a year.
Economics, Policy & Regulation
Trade Finance Goes Digital
Inside Sibos | Day 3<br />
This year’s Sibos event is set to see a greater focus on the use of technology to support trade. Since the launch of the Bank Payment Obligation (BPO), and the publication last year of the Uniform Rules for Bank Payment Obligation (URBPO) by the International Chamber of Commerce, adoption of the new instrument has been gradual—but across the industry there is increasing focus on how technology can be deployed in an area traditionally dominated by paper.
Economics, Policy & Regulation
Disruptors: Mobile Money And Digital Currencies
Inside Sibos | Day 2<br />
The Future of Money is once again a key theme of SWIFT’s annual Innotribe startup competition at this year’s Sibos conference in Boston. It dominated a number of discussions on the first day of the conference, and cryptocurrencies were in the spotlight.
Economics, Policy & Regulation
The Future Of Banking—Italian Style
Inside Sibos | Day 2<br />
“Honestly I am here more to learn than for any other reason. And to understand what the banking system can become,” notes Antonio Patuelli, president of the Italian Banking Association, discussing SWIFT’s Sibos conference in Boston.<br />
Economics, Policy & Regulation
What Corporates Want
Inside Sibos | Day 2
As this year’s corporate forum at Sibos gets underway, what topics are corporations particularly focusing on? This year’s line-up includes a discussion around corporate-to-bank connectivity and the associated challenges.
Features
5 Minutes w/ Joy Cave, VP & Treasurer, FM Global
Inside Sibos | Day 1<br />
Global Finance spoke with Joy Cave, vice president and treasurer of international property insurer FM Global, about how the firm measures and manages relationships with its transaction banking partners and how that has changed in light of market and regulatory developments in recent years—both key topics of discussion for corporate treasurers attending SWIFT’s Sibos conference in Boston this week.