Global Finance

A monthly publication providing news and analysis of global market and economy. Focuses on corporate finance, capital markets, and more.

Articles from Vol. 15, No. 7, Summer

24-Hour Financial Company: UBS Ag
INTERNET BANKING AND E-FINANCE BS is one of the world's leading financial firms, serving a global client base of approximately 7.7 million customers. In Switzerland UBS is the market leader in corporate and retail banking. UBS business groups include...
A European Scope: ING Group
ING Group operates in 65 countries, with more than l00,000 employees and $60 billion in assets. The bank currently has more than 11,000 employees in the United States working for ING Group companies: ING Aetna Financial Services, ING Reliastar, ING Pilgrim...
A Global One-Stop Shop: ABN AMRO
ABN AMRO, a holding company based in the Netherlands and operating in more than 20 countries, is in the midst of a push in the e-- finance space through its acquired units, especially those in the United States. ABN AMRO has assets of more than $458...
A Jumbo from Japan: Mizuho Holdings
Mizuho Holdings Financial Group (MHFG) was established in September 2000 and with $1.4 trillion in assets is now the largest financial group in the world. The entity results from the consolidation of three major Japanese banks-Dai-Ichi Kangyo Bank, Industrial...
A New Arrival in the Top 10: HSBC
In the past 18 months, HSBC has seen huge growth in assets and in its online user base. With more than $569 billion in assets after its acquisition of Republic National Bank, HSBC has pulled into the list of the top ten financial institutions in the...
A Portal Approach: Bank of America
Bank of America, with $642 billion in assets, provides services to 30 million households and 2 million companies, as well as international corporate financial services in igo countries. It is the largest debit card issuer in the United States, with nearly...
A Regional Focus: Hypovereinsbank
European unification isn't just hypothetical for Bayerische Hypotheken and Vereinsbank (HypoVereinsbank), Germany's second-- largest bank after Deutsche Bank. Unlike its rival, however, HypoVereinsbank has more regional aspirations, preferring to focus...
Dear Reader
Online banking has become part of the core business of most of the world's financial institutions in a remarkably short time. Consumer and corporate clients already have come to rely on these new services, but online finance is clearly a work in progress....
E-Business Enabler: Citigroup
Citigroup, a global financial services company with 120 million customers and 8.3 million online accounts, had net assets of $902 billion at the end of 2000. The company's three main business areas are global corporate and investment banking (brokerage,...
Evolving E-Business: Credit Agricole Group
Credit Agricole is a key player in retail banking in France, serving 16 million customers through its network of nearly 8,000 branches. The acquisition of Sofinco enabled it to strengthen considerably its position in consumer credit. Credit Agricole...
Focus on Payments: Bank One
Bank One (www.bank one.com) has been an e-finance service provider for more than four years and was one of the first banks to offer an online banking solution, bill presentment, and account management. It has more than $270 billion in assets and 70 million...
Internet Efficiencies: Commerzbank
Commerzbank is the fourth-largest commercial bank in Germany. It offers a full range of consumer and business banking services through more than goo branches and its Comdirect online bank, including real estate and mortgages, investment and asset management...
In the Heart of Europe: Fortis Bank
INTERNET BANKING AND E-FINANCE The Fortis Group has more than 100 companies operating internationally in insurance, banking, and investments. It was created in iggo from the merger of the Dutch banking and insurance combination AMEV/VSB and Belgium's...
Laboratory for Innovation: JPMorgan Chase
Chase Manhattan Corporation launched its first Internet banking application in early 1997. Since that time, Chase has offered its customers a variety of e-finance services and also has been instrumental in pushing the industry forward. In December 2000...
Smooth E-Transformation: Deutsche Bank
With 1,500 branches in Germany and extensive branch networks in Italy, Spain, and Belgium, Deutsche Bank is the biggest bank in the euro zone. The German institution has some 2,300 offices worldwide; operations are concentrated in Europe with additional...
Swiss Private Banking: Credit Suisse Group
INTERNET BANKING AND E-FINANCE Credit Suisse Group includes the Financial Services Management division, incorporating Credit Suisse (corporate and individual customers in Switzerland), Winterthur (worldwide insurance business), and Personal Financial...
The First in France: BNP Paribas
INTERNET BANKING AND E-FINANCE BNP Paribas, a major retail bank in France, distributes its products and services to 6 million individual customers and to 450,000 businesses and self-employed professionals, through its 2,ioo branches and via its Internet...
The First Wholesale Italian Bank: Banca Intesa
INTERNET BANKING AND E-FINANCE Banca Intesa is the largest Italian banking group and is the result of the merger in January of three major Italian banks: Cariplo, Banca Commerciale Italiana (Comit), and Ambroveneto. The group is now managing the postmerger...
The Future of Savings: Landesbank Baden-Wurttemberg
Landesbank Baden-Wurttemberg (LBBW) describes itself as a "uniersal bank and an international commercial bank with full freedom to conduct business." It engages in all types of banking and financial service activities, and can establish and operate any...
Toward Integration: Dresdner Bank
Germany's third-largest bank after Deutsche Bank and Baverische Hypotheken and Vereinsbank (HypoVereinsbank), Dresdner has 1,goo branches in 70 countries and employs so,ooo people. In May Dresdner Bank still was merging with Allianz, the insurer that...
UK Transformation: Barclays Bank
Barclays, a UK-based financial services group operating in 65 countries, is engaged primarily in the banking and investment banking sectors. Reporting pre-tax profits of $5 billion in 2000 and $452 billion in total assets, the bank offers a suite of...