Latest articles from World

Renminbi takes the slow road to domination

March 10, 2011

The battle over the valuation of the Chinese renminbi has often been characterised by vitriolic debate and has seen a titanic clash between Washington and Beijing about the right level for the currency and the speed of appreciation. But efforts to internationalise the renminbi are already taking effect.

King Abdullah Financial District, Saudi Arabia

Saudi Arabia steps up its growth strategy

March 9, 2011

Saudi Arabia stuttered during the global financial crisis, but never plumbed the depths of the world's more developed economies. Now, the country's leaders are eyeing a more prosperous future, with a key focus being on educating and employing its youth and women.

Andrew Coyne, global head of prime brokerage, Citi

Decision time on FX CCPs

March 8, 2011

Two central counterparties are currently being built to clear foreign exchange options. There is a great deal of preparation to be done.

Will UAE banks be able to comply with Basel III capital rules?

February 25, 2011

A surge in issuance of subordinated debt by banks in the UAE may make it more difficult for them to comply with Basel III capital requirements. Click here to see which banks.

A step in the right direction

February 23, 2011

The relative resiliance of Africa's financial markets to social and political unrest in the north, and to the default of Côte d'Ivoire on last year's global bond, suggest that the continent's markets have taken one more step towards greater sophistication. Investors are increasingly differentiating one from another.

The banking district of Panama City

Central American banks cause a stir

February 23, 2011

Though the Central American banking sector shows some mixed results, The Banker's ranking demonstrates just why the region's leading banks are drawing global attention.

CRD amendment captures more than securitisations

February 23, 2011

Regulators hope new requirements for retaining economic risk in securitisation transactions will better align the interests of originators and investors. Bankers fear that it will hike costs and capture other transactions.

Colombia

Colombia leaves its past behind

February 22, 2011

Once renowned as one of the most dangerous countries on the planet, Colombia has tackled much of its drug-related problems and boasts one of the best-performing economies in Latin America, which is attracting international investment and in turn creating myriad opportunities for the country's banks.

Alassane Ouattara, accepted as the winner of the recent election in Côte d’Ivoire by the UN

Africa engages the bond markets

February 22, 2011

Despite a sovereign default and the impact of rolling popular uprisings across north Africa, many are increasingly hopeful about the prospects for Africa's debt markets, as improving economic conditions and growing international appetite look set to underpin further new issuance.

Qatar Central Bank

Conventional banks face sharia restrictions in Qatar

February 21, 2011

Qatar's decision to ban conventional banks from operating sharia-based finance units within its financial jurisdiction has left observers concerned the central bank has set the wrong kind of precedent, one that is likely to create uncertainty in banking throughout the Middle East.

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