Global Finance

While official policies tend to change at a glacially slow pace in China, analysts are detecting a possible shift to a more open exchange rate regime. On a recent visit to Tokyo, for example, central bank governor Dai Xianglong admitted China was considering...

Central and Eastern Europe has all too often proved a graveyard of ambition for international banks. Politics, regulations, cultural clashes-all have combined with the slow pace of economic growth to stymie attempts to remake home-grown institutions...

Best Bank in Region: BBVA Strategy: Starting with a small regional presence, since the mid-1990s BBVA has made its way into every significant Latin American market. Its standard technique is to acquire 30% to 40% stakes in leading commercial and retail...

As pressure increases on corporations to reduce their reliance on short-term financing, the bond market appears to be taking up much of the slack. While commercial paper sold in the US market in March fell by a record $33.3 billion, investment-grade...

Switzerland has become an island in Europe, surrounded by a sea of euro-- spending peoples, but it is not ready to abandon its own currency. "We have a very successful product: the Swiss franc," says Ulrich Kohli, chief economist at the Swiss National...

AROUND THE WORLD We need more global cooperation, not less, and with stronger, not weaker, international institutions." -British Chancellor of the Exchequer, Gordon Brown Britain's Chancellor of the Exchequer, Gordon Brown, wasted no time in getting...

What makes for a successful bank? Well, there's an army of consultants wrestling with that question, not to mention the countless managers for whom the problem is part of their daily working life. But if it's any help, a couple of clear conclusions emerged...

* Key steps to reforming Russia's banking sector > judicial reform creditor protection > bankruptcy legislation > corporate transparency > property rights ladimir Putin's government has made impressive and well-received progress on a number...

SOCIAL RESPONSIBILITY The bottom-line benefits of being a socially responsible corporation The case for corporate social responsibility is no longer founded on gut feeling. It's a business imperative. By Dan Keeler Corporate social responsibility (CSR)...

Now that the US Federal Reserve has shifted to a neutral monetary policy, some analysts warn that fear of rate increases could weaken the US dollar.The dollar is particularly susceptible against the euro, says Larry Kantor, global head of foreign exchange...

Instinet, once the world's dominant electronic share trading platform, has had a bad run of it. In November, it lost its Nasdaq market share lead to upstart Island ECN. in the new year, the New York-based company implemented another round of layoffs...