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Banking

UPSTART BRICS DEVELOPMENT BANK TAKES ON THE IMF

THE BRICS Brazil, Russia, India, China and South Africa now have something more in common than rapidly developing economies that have recently stalled. In July they gave life to the New Development Bank (NDB), the first multilateral institution controlled by developing countries.

Banking

US EX-IM BANK FACES AN UNCERTAIN FUTURE

UNITED STATES In its 2013 report to Congress, the Export-Import Bank of the United States says that its “overriding mission is to create and sustain American jobs by supporting US exports.” But that very mission is under threat, with House Financial Services Committee chairman Jeb Hensarling, among others, seeking to abolish the bank.

Banking

WHO’S WHO IN TREASURY & CASH MANAGEMENT 2014

TREASURY & CASH MANAGEMENT | WHO'S WHO Global Finance ’s annual list of Who’s Who in Treasury & Cash Management

News

Norway’s Fund Ups The Ante On Ethical Investing

Norway’s $870 billion sovereign wealth fund has always been at the forefront of ethical investing, and its actions have influenced the decision making of other asset managers, big and small. But starting next year the fund will reveal its voting intentions before shareholder meetings, not only to be more transparent but also to influence the debate and the subsequent voting.

News

Local Terrorism Coverage Beats Global

Although there have been no attacks or payouts in the 12 years since its original passage, the Terrorism Risk Insurance Act in the US is set for renewal again, despite the fact that it was only intended as a temporary measure to protect the commercial insurance market and its customers following the attack on the Twin Towers.

Capital Raising & Corporate Finance

MODI: OBSTACLES AND OPPORTUNITIES FOR A NEW INDIA

COVER STORY | INDIA As prime minister Narendra Modi begins his term in office, global market watchers are hopeful that it could signal a sea change for India’s governance, economy and friendliness to business. But most are tempering that enthusiasm with a dose of skepticism.

Capital Raising & Corporate Finance

COLOMBIA’S ECONOMIC SUNNY SKIES MAY CLOUD OVER

COLOMBIA Juan Manuel Santos’ second term as president of Colombia might prove a bit harder than his first—and not only because he won this election with a lower majority.

Capital Raising & Corporate Finance

FOREIGN INVESTORS WARY OF THAI MILITARY COUP LEADER

THAILAND When Thailand’s general Prayuth Chan-ocha seized power in a military coup in late May, he didn’t rely on the element of surprise

Banking

FORMER DERIVATIVES SUPERSTAR TAKES THE HELM AT AIG

UNITED STATES After steering American International Group (AIG) during the financial crisis and putting it back on a sounder footing, president and chief executive officer Robert Benmosche is handing the baton over to Peter Hancock.

Banking

GCC 2014: BANKING ON TECHNOLOGY

GCC REGIONAL SUPERSECTION 2014 | BANKING SECTOR Banks in the GCC are leveraging the latest technologies to keep pace with a customer base whose members are increasingly demanding, wealthy and tech-savvy.

Banking

GCC 2014: INNOVATION FROM THE GROUND UP

GCC REGIONAL SUPERSECTION 2014 | INNOVATION Attempts to drive innovation in the Gulf are still at an early stage. But as countries increase R&D spending, the results could have a huge impact on non-oil growth.

Emerging & Frontier Markets

GCC 2014: LOWERING EXPECTATIONS

GCC REGIONAL SUPERSECTION 2014 | INTRODUCTION The six countries of the Gulf Cooperation Council have some of the world’s highest living standards and a combined GDP of more than $1.6 trillion. They play an important role in maintaining global economic stability, and their continuing prosperity depends critically on oil prices and the ability to generate surpluses to pay for infrastructure development and job creation.