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PRESS RELEASE: World’s Best Sub-custodian Bank Awards 2023

Global Finance Names the World's Best Sub-custodian Banks 2023 Global Finance has announced its selections for the 21st annual Best Sub-custodian Bank Awards in seven regions and more than 80 countries, territories & districts. A full report on the selections ...

Capital Raising & Corporate Finance

CFOs Wanted: Startups Lack Strong Financial Hands

Many startups were unableto access their funds during SVB's demise in part because they lacked CFOs.

Capital Raising & Corporate Finance

China: IPOs Surge Under New Listing Rules

The new rules—which debuted in Shanghai and Shenzhen last month—are aimed at speeding up listings and boosting corporate fund-raising.

Economics, Policy & Regulation

Finland: Orpos Uphill Path To A New Government

Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own.

Economics, Policy & Regulation

Germany: Last Nuclear Plant Shut Down

Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.

News

India To Take Largest Population Title From China

China's population is falling while India's is rising and this change has vast implications for the global economy.

Technology

Italy Temporarily Bans ChatGPT

French, German and Irish regulators contacted their Italian colleagues to better understand the basis of the temporary ban.

Editor's Letter

Best In Uncertain Times

Global Financeeditor at large Andrea Fiano's letter to you, the reader.

Economics, Policy & Regulation

France: Macron Pushes Through Pension Overhaul

The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.

Economics, Policy & Regulation

Mexico Steps Up As Largest US Trading Partner

Mexico surges ahead of China as America's top trading partner in part due to geopolitical tensions and Covid-related disruptions.

Economics, Policy & Regulation

Singapore: Long-Serving Central Bank Chief Steps Down

Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.

Economics, Policy & Regulation

Companies Face Tougher Standards

Silicon Valley Bank and other recently collapsed banks all received clean bills of health from outside auditors raising the question of whether accounting standards themselves need to be reformed.