Latest articles from World

Investors search for stability overseas

May 3, 2004

Local asset managers in Argentina may be suffering but foreign firms are benefiting. Jason Mitchell reports from Buenos Aires.

Uganda’s plan for a brighter future

May 3, 2004

Despite enviable economic growth stretching back 16 years, Uganda still has many hurdles to overcome, says James Eedes.

Keeping cash clean

May 3, 2004

His Excellency Sultan bin Nasser al Suwaidi, governor of the central bank of the UAE, tells Nick Kochan that the fight against money laundering is not new.

Squaring up for business

May 3, 2004

Nick Kochan finds Dubai and Bahrain are competing hard for the region’s growing business opportunities.
The announcement in April of a new federal law governing Dubai’s embryonic financial centre heralds a battle royal between the Gulf states of Dubai and Bahrain. Dubai is the upstart in the imminent struggle, while Bahrain is more established but there can be no doubting Dubai’s enthusiasm, ambition and ‘can-do’ approach.

China corners ‘captive’ market

May 3, 2004

In an increasingly interconnected world, large financial services institutions (FSIs) are already sourcing their IT and business process services from a variety of international locations. As outsourcing services have evolved from filling tactical gaps to providing strategic cost and quality advantages as well as innovative features, FSIs are tapping supplementary alternatives to India as a location for offshore outsourcing.

Spanish show their mettle in the face of adversity

April 5, 2004

The determination of Spain to maintain normality after March’s attacks in Madrid served to highlight the nation’s strength.

When negotiations turn into blackmail

April 5, 2004

Argentina’s negotiating strategy of threatening to default on its loans to get its own way has underlined the case for greater IMF independence.

Pan-European M&A unlikely but Germany in need of consolidation

April 5, 2004

Despite the kickstart to merger and acquisition (M&A) given by two high-profile US deals, a report from Fitch Ratings last month stated that a growth in cross-border consolidation among financial institutions in Europe is unlikely. The report said that Europe was still fraught with regulatory, fiscal and cultural barriers, “not to mention a lack of any realistically achievable synergies”.

South Korea moves into consolidation mode as foreign interest intensifies

April 5, 2004

Citigroup’s agreement to purchase KorAm Bank in late February has sparked a round of consolidation, reflecting a keen interest by foreign investors in South Korea’s retail banking sector, the third-largest in Asia after Japan and China.

Bahraini banks buck global trend with impressive rise in profits

April 5, 2004

Profits at Bahrain’s locally incorporated banks more than doubled during 2003, compared with 2002.

Latest World videos

 

Global Risk Regulator

The Banker on Twitter

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.