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News

Obama Administration Continues Export Drive

NEWSMAKERS: UNITED STATES Obama Administration Continues Export Drive By Denise Bedell Gregoire: Coordinating efforts on export promotion The Obama administration has set a goal of doubling US exports in the next five years and announced the development ...

News

Responsible Corporations Gain Protection

MILESTONES: UNITED STATES Responsible Corporations Gain Protection By Denise Bedell Safekeeping: New law will protect companies’ ethical goals For companies that aim to always be socially and environmentally minded, achieving growth without giving up that goal can be ...

News

Newsmakers: Goldman Allegations May Set Stage For Future Cases

United States By Gordon Platt Goldman Sachs: Fraud allegations hit its reputation The Securities and Exchange Commission charged Goldman Sachs with fraud on April 16, causing a sharp decline in equity prices, particularly for financial shares, and especially ...

Banking

Milestones: Lehman Report Boosts Case For Global Banking Reform

United States By Gordon Platt Valukas: Report raises fears over systemic risk The Valukas Report on the collapse of Lehman Brothers, a nine-volume, 2,200-page document that cost $38 million to produce, was worth every penny. The comprehensive “post ...

News

Milestones: Kraft-Cadbury Hookup Helps Define New World Of M&A

United States/United Kingdom By Gordon Platt A sweet deal: Kraft swallows Cadbury after a long battle US-based Kraft Foods’ $19.7 billion takeover of British chocolate maker Cadbury last month will create the world’s largest candy company. The deal ...

News

Newsmakers: Mystery Buyer Bets Big On Treasury Bonds

United States By Gordon Platt Whodunnit? Mystery buyer mops up US treasuries The last thing the global financial markets need right now is a failed US treasury bond auction. Thankfully, recent auctions have gone smoothly, with the swelling ...

News

Newsmakers: Obama Bashes Banks And Seeks “Responsibility Fee”

United States By Gordon Platt Obama: Banks should call off their lawyers and lobbyists As a Congressional commission opened hearings last month on the cause of the financial crisis, United States president Barack Obama proposed a tax ...

News

Newsmakers: Senator Seeks To Rein In Fed’s Authority

United States By Gordon Platt Dodd: Taking direct aim at Fed’s supervisory role The chairman of the Senate banking committee, Connecticut Democrat Christopher Dodd, has taken dead aim at the Federal Reserve’s authority to supervise banks in what ...

Banking

Newsmakers: Geithner Presses For Controls On Banks’ Risk-Taking

United States/Global By Gordon Platt Geithner: There should be no return to business as usual It looks like there could be significant reform of the global banking system after all. US Treasury secretary Timothy Geithner pushed for meaningful ...

Award Winners

WORLD’S BEST BANKS 2009

Istanbul, October 6th, 2009 – Global Finance magazine hosted its thirteenth annual Best Bank Awards ceremony on October 6th, 2009,...

News

Newsmakers: Fixing The Missing Link in Banks’Pay-For-Performance Goal

UNITED STATES By Gordon Platt Bisson: Banks are too reliant on stock options The populist uprising against paying big bonuses to top executives of banks bailed out with taxpayer money is in large part warranted, according to a ...

News

Newsmakers: Us Takes Aim At Trade Gap To Boost Employment

UNITED STATES/CHINA By Gordon Platt Kirk: Facing key decision on trade barriers US Trade Representative Ron Kirk hailed the World Trade Organization’s dispute panel’s ruling in August against China’s system of importing and distributing books, magazines, films, DVDs, ...