North America Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Capital Raising & Corporate Finance

ARGENTINA’S TAX DEPARTMENT STRIPS PROCTER & GAMBLE LICENSE

Corporate Tax | Management Approximately 500 American companies operate in Argentina—but on November 3 that number abruptly decreased by one as the country’s tax authority, the Administración Federal de Ingresos Públicos (AFIP) revoked the company’s registration, accusing P&G of tax and accounting fraud.

Economics, Policy & Regulation

LANDMARK ENVIRONMENTAL PACT YET TO BE TESTED BY CONGRESS

US & China | Milestones “This is a major milestone in the US-China relationship, and it shows what’s possible when we work together on an urgent global challenge.”

Banking

RENMINBI TRADING: FIRST HUB SET FOR RENMINBI IN NORTH AMERICA

Canada & China | Capital Markets Canada and China have agreed to support the increased use of renminbi in trade, commerce and investment between the two countries.

Capital Raising & Corporate Finance

SHAREHOLDER ACTIVISTS JOIN FORCES ACROSS THE ATLANTIC

Shareholder Activism | Management Shareholder activism—when investors in a company use their equity as a lever to pressure management—is booming and will grow dramatically on both sides of the Atlantic through mid-2016

Features

US Companies Get Comfy With The Renminbi

AFP Exclusive | Q&A An interview with Dan Scanlan, regional transaction banking head for the Americas, Standard Chartered.

Banking

CEFIS’ DUAL FOCUS ON BANKING AND SOCIAL DEVELOPMENT

Management | Transaction Banking Alberta Cefis is retiring from Scotiabank after building its global transaction banking business practically from the ground up.

Banking

CFTC CONSIDERS REGULATING BITCOIN DERIVATIVES

Trends | CryptoCurrencies There are potential benefits that bitcoin or bitcoin-like technology—as opposed to the cryptocurrency itself—could bring to the derivatives marketplace.

Capital Raising & Corporate Finance

CROSS-BORDER M&A DOUBLES AS COMPANIES ENTER NEW MARKETS

Capital Markets | Mergers & Acquisitions Global cross-border mergers and acquisitions totaled $1.1trillion during the first nine months of 2014, more than double the level of the same period a year earlier, according to Thomson Reuters.

Capital Raising & Corporate Finance

IS WHITMAN DRIVEN SOLELY BY PRAGMATISM IN HP SPLIT?

Newsmakers | United States HP CEO Meg Whitman’s volte-face announcement to split the company in two has drawn a lot of speculation about, and criticism of, the motives behind the decision.

Banking

M&A INTERVIEW: TIM GEE, BAKER & MCKENZIE

Capital Markets | Q&A Tim Gee is a partner in the London office and global head of mergers and acquisitions at Baker & McKenzie.

Banking

RATING AGENCIES – U.S. UNDER PRESSURE

Pressure from Congress in the wake of the global financial crisis led the SEC to expedite its lethargic and opaque process of registering rating agencies. As a result there are now 10 Nationally Recognized Statistical Ratings Organizations (NRSROs).

Banking

SEISMIC SHIFTS UPEND THE FX BUSINESS

FX Supplement 2014 | Overview Will regulation repair forex’s damaged reputation—and are banks ready for the culture change?