Banking
Scandal And Risk Drive Private Banks Out Of Russia
Facing reputational risk and poor prospects, private banking operations are bailing on Russia and encouraging its wealthy to park their assets offshore.
News
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News
LinkedIn Hopes For Soft Link With Microsoft
<strong>US</strong> | When Microsoft boughtLinkedIn, the deal was structured to leavethe networking site to grow and develop somewhat independently. The question is, how independently?
Banking
Robo-Advisers Are Here
Picture investment recommendations tailored or customized to individual needs or personality traits, provided cheaply via a highly intuitive digital interface.
Economics, Policy & Regulation
Assuming The Mantle Of Asia’s Financial Hub
Singapore has overtaken Hong Kong as Asia’s top financial center and now ranks third globally behind London and New York. This is the key takeaway from the latest Global Financial Centres Index (GFCI), a ranking by British commercial think-tank Z/Yen Group.
News
Brazil’s Finance Minister Faces Storm
<strong>Brazil</strong><br />
Well known for his caution, Brazil Finance Minister Henrique Meirelles is well aware of the enormity of his nation’s fiscal hole. Brazil is likely to report a primary deficit of $36 billion this year, instead of the $6.8 billion surplus previously forecast.
News
Building Toward A Breakthrough
Finance sector innovations have cut costs and improved convenience but have not been transformative. Will bankers and treasurers—traditionally risk-averse players—ever brainstorm a revolutionary breakthrough?
News
Can Khan Deliver On Affordable Housing Pledge?
<strong>UK</strong><br />
The promise of London’s new mayor, Sadiq Khan, to build 50,000 homes (half of them affordable) with a reasonable commute is being heralded but also questioned.
News
Erdogan’s Power Grab Roils Market
<strong>Turkey</strong><br />
Every emerging economy has a tipping point beyond which investor sentiment turns negative, despite fundamentals.<br />
Economics, Policy & Regulation
Growing Pirate Party Channels Populist Fury
<strong>Iceland</strong><br />
The Panama Papers’ revelation that Iceland’s prime minister had offshore interests, including claims on Icelandic banks, caused outrage in this naturally volcanic island state.
News
Innovators Q+A | Beta Testing Blockchain Functions
Gautam Jain, global head of digitization and client access, Transaction Banking, Standard Chartered Bank, talks about the bank’s role in a blockchain proof-of-concept joint effort.
News
Innovators Q+A | BNYMellon On Its Open-Source Platform
Suresh Kumar, CIO and senior executive vice president of BNY Mellon, discusses the development of the Nexen Ecosystem.
News
Innovators Q+A | Channeling The Data Flood
Peter Nabicht, co-founder of 12Sided Technology, sees the data deluge in the FX space as a boon traders—if they have the technology to manipulate the data.