Trinidad and Tobago has much to do to improve its business climate in the non-energy sector, but the Caribbean country already has ambitious plans, which include developing its maritime economy.
Trinidad and Tobago looks beyond oil and gas
July 1, 2014With an average GDP per capita higher than any other country in Central and South America, Trinidad and Tobago has built its economic might on the back of its oil and gas resources. However, the Caribbean country is now looking to diversify its economy, and key to this is the establishment of an IFC.
What would Scottish independence mean for banks?
July 1, 2014If Scotland opts for independence from the rest of the UK later in 2014, the latter would be likely to get custody of banks.
Top 1000 World Banks – Venezuela gains, but Brazil still reigns
June 30, 2014Brazilian banks remain way out in front in the Central and South America region, but it is Venezuelan banks that are putting in the most eye-catching performances.
Top 1000 World Banks – CEE grows LTD ratio against global trend
June 30, 2014Loan-to-deposit ratios among the global regions have generally fallen, though central and eastern Europe has risen from 107.61% to 112.79% in the 2014 Top 1000 World Bank rankings.
Top 1000 World Banks – US banks shrug off penalties to bolster positions
June 30, 2014Despite being hit by a series of fines, the leading US banks have strengthened their Tier 1 capital. Meanwhile, the Canadian banks put in yet another impressive performance.
Road to riches: banking services for women
June 2, 2014With a global aggregate income of $12,500bn, and spending power beyond that, women represent one of the world’s largest banking markets. Yet most banks still seem unwilling or unable to service the unique needs of their female customers.
European IFCs compete for renminbi issuance
June 2, 2014International finance centres in Europe are battling it out to become the leading destination for offshore renminbi issuers, with both Frankfurt and Luxembourg registering successes on this front in recent months.
Brazil extends its private banking reach
May 1, 2014Brazil's private banking business had a wake-up call in 2013 when a stalling economy triggered a slowdown in its growth, increasing competition and forcing banks to look beyond their existing customer base. Now, armed with new strategies and a wider range of products, can Brazil's private banks finally exploit the full potential of this vast and wealthy market?
Warsaw top for financial services FDI in CEE
May 1, 2014The Polish capital Warsaw was the leading destination in central and eastern Europe for financial services FDI, with Russian capital Moscow ranking a distant second.