News
In The News At Sibos 2014
Inside Sibos | Review<br />
As the dust settles from Sibos 2014, delegates may be asking if they missed anything essential. Here are some of the key announcements to emerge during the event:
News
Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.
Click Here
News
Sibos 2014: It’s A Wrap
Inside Sibos | Review<br />
At this year's event held in Boston, there seemed to be a greater sense of urgency among the banks about the need for change.
Economics, Policy & Regulation
A CHANGING OF THE GUARD FOR INDONESIAN POLITICS
INDONESIA<br />
Self-made businessman and former governor of Jakarta, Joko Widodo won Indonesia’s presidential election in July, marking the first time a candidate without ties to the military or a powerful political family has won the position.<br />
Banking
A MERE BLIP FOR REAL-TIME PAYMENTS IN CHINA?
TREASURY & CASH MANAGEMENT | REAL-TIME PAYMENTS<br />
A delay in the rollout of the China International Payments System looks to be only a temporary hiccup in the renminbi’s unfolding internationalization.
Capital Raising & Corporate Finance
ARGENTINE DEFAULT: BETTER THE SECOND TIME
ARGENTINA<br />
The aftermath of Argentina’s so-called default on July 31 doesn’t at all resemble the catastrophe accompanying its earlier default in 2002, when the country was unable to repay $100 billion of debt and the economy collapsed, costing millions of jobs.
Economics, Policy & Regulation
BRAZIL: ROUSSEFF WANTS SECOND TERM, SECOND CHANCE
BRAZIL<br />
Brazilian president Dilma Rousseff will be running for a second term in October, and if she can keep her momentum going, there’s a good chance she’ll win.
Capital Raising & Corporate Finance
BRIAN LOUGHMAN, FRAUD BUSTER
Global Finance sat down with Brian Loughman, Fraud Investigation & Dispute Services (FIDS) Leader, EY Americas (formerly Ernst & Young), to discuss how greater regulation and increased efforts by countries to fight fraud are leading to greater demand for services by corporations around the world.
Economics, Policy & Regulation
CAN GHANA AFFORD IMF CONDITIONS FOR LOAN?
GHANA<br />
The world’s second-largest producer of cocoa, is expected to ask the International Monetary Fund for help.
Banking
GETTING MORE MILEAGE FROM SEPA PAYMENTS
TREASURY & CASH MANAGEMENT | PAYMENTS: POST-SEPA<br />
The SEPA migration deadline may have passed, but most companies have yet to gain the full benefits offered by the Single Euro Payments Area initiative. Now would be a good time for treasurers to ask how they can get more out of their SEPA investments.
Banking
GLOBAL CASH 25: TOO MUCH OF A GOOD THING
TREASURY & CASH MANAGEMENT | GLOBAL FINANCE CASH 25<br />
The Global Finance Cash 25 ranks public companies by cash, cash equivalents and short-term securities on their balance sheets. Data is gathered from more than 70,000 public companies worldwide. It is a ranking of nonfinancial corporations—we exclude financial institutions from the list.
Economics, Policy & Regulation
LONDON’S COLORFUL MAYOR MULLS TORY LEADERSHIP
UNITED KINGDOM<br />
With a seminal speech at the beginning of August, London’s larger-than-life mayor, Boris Johnson, positioned himself as a candidate for the future leadership of the Conservative Party.
Economics, Policy & Regulation
NO QUICK FIX FOR SOUTH KOREA’S ECONOMY
SOUTH KOREA<br />
Appointed as part of Park’s cabinet reshuffle——Choi had been on the job only a few days when he unleashed a $40 billion stimulus plan to revitalize the country’s faltering economy, a package equivalent to almost 3% of GDP.