Global news and insight for corporate financial professionals. Banks come, go, merge and split, but our annual Safest bank ratings provide a consistent measure of bank stability. From upscale department store Neiman Marcus to organic grocer Whole Foods, major luxury retailers and grocery chains are playing musical chairs in C-suites and boardrooms as they streamline management and change creative roles amid declining in-store sales.
Auditors may have suffered a reputational crisis in the wake of recent corporate financial scandals; but using artificial intelligence and data analytics, the profession hopes to reinvent itself. Major international organizations classify countries by different factors. Rising foreign investment have prompted lawmakers to call for expanding the power and scope of the Committee on Foreign Investment in the United States.
They are expected to grow by an average 3. Here is the list of countries that owed the most debt to foreign creditors in United States, followed by Euro area and United Kingdom are right there on the top.
Simone Del Guerra, Global Head of Transactional Sales at UniCredit discusses the challenges facing correspondent banks, the impact of Swift GPI, instant payments and whether banking is still a people business in the wake of technological advancements.
Global Finance looks back at our list of Safest Banks Of , to see who survived and thrived in the last decade. Banks and fintech companies often work on a symbiotic basis by bringing new technologies and algorithms to legacy institutions.
Ukhnaa Khurelsukh was unanimously elected prime minister in October after his predecessor, Jargaltulga Erdenebat, was ousted by parliament following corruption allegations. Companies that follow this strategy tend to create a culture of awareness about cost drivers, budget cuts and targets.
But what lies beyond the horizon? Panama takes the first position among countries from the rest of the world, despite its economic slowdown. Ultra-high net worth individuals of a new generation are changing the face of wealth in the world.
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Tuesday, December 05, Growth is trending toward a regional norm of slow but steady for Latin America. China and Europe dominate the largest-bank rankings.More...