Latest articles from World

China smooths the way for foreign banks

January 2, 2008

Foreign banks have taken advantage of recent deregulation and are setting up locally incorporated subsidiaries. But niggling restrictions remain, writes Michael Imeson.

Basic services but a booming industry

January 2, 2008

Angola’s retail banking network, while at an early stage of development, is growing fast along with an oil-driven economy. Rodrigo Amaral reports.

Leumi on top despite privatisation struggle

January 2, 2008

Leumi Bank now leads Israel’s booming banking sector, despite the government’s protracted struggle to sell its controlling stake. David Lipkin reports from Tel Aviv.

New rules to prevent another subprime crisis

January 2, 2008

Jane Monahan talks to Barney Frank, chairman of the US Financial Services Committee, about its plans.

Santander shakes up Brazil’s banking elite

January 2, 2008

Santander’s takeover of ABN Amro Banco Real has changed Brazil’s banking landscape, but the integration process may not be easy. John Rumsey reports.

Bolivia’s private banks face a public challenge

January 2, 2008

Bolivia’s finance minister Luis Alberto Arce outlines a programme of state loans to small enterprises and attacks the country’s domestic banks for acting like a syndicate, stifling competition.

Lenders remain buoyant amid political waves

January 2, 2008

Bolivia’s banking sector is thriving on the back of a strong economy, despite fears of a political clash with the leftist government of president Evo Morales. Jules Stewart reports.

HSBC plays waiting game on KEB deal

January 2, 2008

The acquisition by international giant HSBC of the Korea Exchange Bank would benefit both parties, but is politically sensitive. Stephen Timewell reports.

Herd instinct warnings as foreign banks rush in

January 2, 2008

Vietnam’s booming economy is proving an irresistible lure for banks despite reform hold=ups and expensive valuations. Karina Robinson reports from Hanoi.

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