The sustained growth over the past few years of Peru's economy and banking sector has caused international investors to sit up and take notice. However, with this growth coming at a faster pace than the country's capital markets can absorb, many of its businesses are having to expand into the rest of Latin America in order to maximise their gains.
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Ghana's finance minster: there is no virtue in irresponsible fiscal management
July 2, 2012Having overseen rapid economic growth in the past three years, Ghana’s finance minister insists his government will maintain fiscal discipline before December’s elections. However, he believes fuel subsidies should remain in place, at least for now.
Investors look to capitalise on equity market uncertainty
July 2, 2012As equity markets look set to stagnate for some time, investors want to know not just how to hedge volatility, but how to profit from it.
Putting Greece back on track
July 2, 2012Four fundamental flaws have compromised Greek policy efforts and need to be reconsidered for the country to emerge from the financial crisis.
Banks look to extend the derivatives chain
July 2, 2012The advent of Basel III and funding constraints in the eurozone have prompted investment banks to make greater efforts to transfer the exotic risks generated from their derivatives structuring businesses.
Ghana's banks hope to dodge interest rate woes
July 2, 2012Ghanaian banks are worried that rising interest rates and a depreciating currency could lead to a lot of volatility in the next few months. Nonetheless, they remain in good health and are likely to benefit in the coming years from the country’s rapid economic growth.
Collateral becomes a competitive edge
July 2, 2012Derivatives collateral management used to be a purely operational matter, but post-crisis regulation and sovereign downgrades have made it into a strategic priority for every bank.
Ghana's sound fundamentals untainted by falling cedi
July 2, 2012Ghana has been hurt by the weakness of its currency since late last year. Yet its economy, one of the fastest-growing in the world, is still in rude health, and investors are said to be increasingly bullish about the country, even if they are hindered by shallow capital markets.
African banks hit by weak currencies, but Angolans march on
July 2, 2012Standard Bank remains Africa's largest lender, though its position has been weakened by the South African rand's poor performance against the US dollar.
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RBS pays price for substandard IT system
July 2, 2012Royal Bank of Scotland's IT systems failure offers a stark reminder to lenders struggling to keep up in the internet age.
