Latest articles from World

Martin Blessing

February 2, 2005

board member, Commerzbank
If ever someone was destined to become chief executive of one of Germany’s top banks, arguably it would be Martin Blessing, board member at Commerzbank.His grandfather Karl was president of the legendary Bundesbank between 1958 and 1969, and his father Werner was a board member at Deutsche Bank.

Laércio Albino Cezar

February 2, 2005

vice-president of technology, Bradesco
In a country whose banking system has become among the most automated in the world, Laércio Albino Cezar – vice-president of technology for Bradesco, Brazil’s number one private bank – has become for many the face of that innovation.

US lines up prospective candidates for next president of World Bank

February 2, 2005

President George W Bush is expected to focus on economic policies during his second term – inaugurated on January 20 – compared with his first administration, in order to achieve his government’s ambitious Social Security and US tax reform plans. To this end, Mr Bush also needs to fill several top-level, economic policymaking positions.

Qatar financial centre to focus on partnerships

February 2, 2005

Qatar, the world’s fastest-growing economy, has announced plans to establish a new financial centre based on a different model to other regional financial centres in neighbouring Bahrain and Dubai.

Inauguration day rhetoric is fine but the deficits must be addressed

February 2, 2005

As US president George W Bush starts his second term, will his administration engage with the rest of the world – economically and militarily – or will it be business as usual at the White House?

Alvaro de Molina

February 2, 2005

Cuban immigrant Al de Molina has done an impressive job as treasurer of Bank of America (BofA). “In a difficult interest rate environment, he adroitly managed the ups and downs, with the treasury business ending up being an important contributor to the bottom line,” says Joe Morford, an analyst at RBC Capital Markets.

Ana Patricia Botín

February 2, 2005

Ana Patricia Botín has banker blood in her veins: stretching back to her great-grandfather, who became chairman of Banco Santander in 1909, to her father, Emilio Botín, a legend in his own lifetime whose latest coup – the purchase of Abbey National in the UK by Santander Central Hispano – is transforming the bank.

Commonwealth of Independent States

January 3, 2005

The CIS banking systems are marked out by the abundance of small banks; weak capitalisation; lack of transparency (particularly with regard to ownership); concentration of business to associated companies; and rapid asset and loan growth. Allied to the possibility of economic and political shocks, this puts them among the riskiest in the world.

Transition countries’ split-level development

January 3, 2005

Analysis of the Top 50 Fastest Growing Banks in EBRD transition countries reveals a gap between those countries that are near to completing the process of change – such as the new EU members – and those that have yet to begin. Moreover, there is a discernible trade-off between speed of growth and risk to investors.

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