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Economics, Policy & Regulation

Former FDIC Head Launches Her Latest Crusade

NEWSMAKERS: UNITED STATES By Luca Ventura Sheila Bair is determined to turn up the heat on regulators and accelerate financial reforms. Bair: protecting the US economy from the next crisis Photo Credit : ALBERT H. TEICH/ Shutterstock.com ...

Economics, Policy & Regulation

Small Firms Take On Big Four Accountants Fee Model

MILESTONES: UNITED STATES By Paula Green US tech firms, including Google And Twitter, are taking advantage of a new model for accounting and tax services. A stripped-down, low-cost solution is gaining in popularity among Silicon Valley tech ...

Banking

Fed Allows Chinese Bank To Acquire US Banking Assets

MILESTONES: UNITED STATES / CHINA By Gordon Platt The Federal Reserve gave its seal of approval to China’s system of bank regulation and unanimously approved the first-ever takeover of a US retail bank by a state-owned Chinese bank. Photo ...

Banking

Islamic Financing Facility To Be Tested By US Courts

MILESTONES: MIDDLE EAST / US By Anita Hawser The ability of US bankruptcy law to handle shariah-compliant structures is being tested after Bahraini firm Arcapita Bank’s decision in March to file for bankruptcy protection in the US. Business ...

News

The Still-Seamy Underbelly Of Energy Trading

NEWSMAKERS: UNITED STATES By Gordon Platt As the tide went out for natural gas prices, it revealed that the seamy underbelly of the energy-trading business hasn’t changed a great deal since the days of Enron. McClendon ran a hedge ...

News

Thorsten Heins Hits First Stumbling Block At RIM

NEWSMAKERS: CANADA By Luca Ventura On March 29, telecoms company Research In Motion posted its first loss in seven years. Tough road ahead for RIM chief Thorsten Heins Photo Credit : REUTERS/EDUARDO MUNOZ It was not what shareholders had ...

Award Winners

World’s Best Banks 2012: North America

By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt NORTH AMERICA North America’s banks are well along the road to recovery from the financial crisis, amid signs of improvement in the US and Canadian economies. The Federal Deposit Insurance Corporation ...

News

Feinberg Departs After BP Oil Spill Settlement

NEWSMAKERS: UNITED STATES By Gordon Platt Kenneth Feinberg, the Boston-bred lawyer who oversaw the process of paying out billions of dollars to victims of the 2010 oil spill in the Gulf of Mexico, was relieved of his duties last month, ...

Award Winners

BEST BANKS BY REGION 2012

Global Finance Announces the Best Banks by Region 2012 NEW YORK, March 20, 2012 Global Finance magazine has announced its...

News

Facebook COO Sandberg Offers A Seasoned Hand In IPO

NEWSMAKERS: UNITED STATES By Valentina Pasquali When social-networking giant Facebook filed with the US Securities and Exchange Commission in February to raise $5 billion in one of the most anticipated initial public offerings of recent times, the talk ...

Capital Raising & Corporate Finance

US Foreign Investor Visas Get New Lease On Life

MILESTONES: UNITED STATES By Valentina Pasquali Struggling with a sagging real estate market and a weak economic recovery, the US has been revamping its efforts to attract foreign investors. For example, the current administration is pumping new life into ...

Award Winners

SAFEST BANKS IN NORTH AMERICA 2012

Global Finance names the Safest Banks in North America: April 2012 NEW YORK, March 1, 2012 Global Finance magazine (...