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Capital Raising & Corporate Finance

Ford Grooms CEO Successor

NEWSMAKERS: US By Valentina Pasquali Ford Motor Company recently unveiled a two-year succession plan geared toward a full management reshuffle by 2014. The centerpiece of this arrangement was the appointment of Mark Fields as chief operating officer, effective from ...

Banking

Hungarian Banks’ Lending Capacity Reduced By Backtrack

MILESTONES: HUNGARY By Paul Mackintosh The Hungarian government threw the country’s banking sector into disarray in mid-October by reneging on an agreement with local banks to halve from 2013 the crisis levy imposed on them. Matolcsy blames EU ...

Emerging & Frontier Markets

Investors Wary In Run-Up to Kenya’s Presidential Election

NEWSMAKERS: KENYA By Dan Keeler Nervousness about Kenya’s March 2013 general election is prompting international investors to put their investment plans on hold, says Musalia Mudavadi, one of the leading candidates in the presidential race. Mudavadi: Kenya’s ...

Economics, Policy & Regulation

Investors, Not Banks, Will Feel Brunt Of Tobin Tax

MILESTONES: EU By Anita Hawser The proposed Tobin Tax, or financial transaction tax (FTT), is a political hot potato that is being kicked around by various European countries in the wake of the global financial crisis as a means ...

Banking

Polls And Stats: Labor Productivity

Those countries that adapt well to changing economic environments and embrace new developments are more likely to boast high productivity, according to think tank The Conference Board of Canada. During the crisis in 2008 and 2009, OECD productivity contracted by ...

Banking

Safe Bet In Visa CEO Transition Could Backfire

NEWSMAKERS: US By Valentina Pasquali With electronic payments gaining favor among consumers, credit-card giant Visa is enjoying high profits and a positive outlook for long-term growth. It is no surprise, then, that the world’s largest payments network ...

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, ...

Capital Raising & Corporate Finance

Shining a Light on Insurers

MILESTONES: GLOBAL By Joel Kranc In the wake of the Great Recession, the G20 nations tasked themselves with creating stronger regulatory guidelines for the banking sector that would, hopefully, prevent future meltdowns like the one seen in 2007-2008. Part ...

News

WTO Entry Offers Legal, Regulatory Benefits To Laos

MILESTONES: LAOS By Thomas Clouse The Lao People’s Democratic Republic will take the final step in its 15-year campaign to join the World Trade Organization (WTO) this month when the country’s legislature ratifies its membership agreement. Laotian trade ...

Capital Raising & Corporate Finance

Cover: The Relevance Of Stock Exchanges

IDENTITY CRISIS By Udayan Gupta As stock exchanges worldwide try to figure out their role going forward in corporate equity and equity capital raising, companies are starting to question whether there is still value in a public listing. ...

Banking

Milestone: Bulgaria Puts Bid To Join Eurozone On Hold

MILESTONES: BULGARIA By Valentina Pasquali With the eurozone debt crisis dragging on and membership in the currency union becoming increasingly less appealing, the Bulgarian government recently froze its bid to join the eurozone. Bulgarian economy is outperforming its ...

Capital Raising & Corporate Finance

Milestone: Companies Are Cash-Rich, But M&A Is Not In The Cards

MILESTONES: GLOBAL Laurence Neville The global M&A market is moribund: Activity is just a third of the level of five years ago. Skipper, Hogan Lovells: Economic uncertainty is the key barrier to investment Yet, companies are awash with ...