House Awards Awards ceremonies and events Global Finance Central Bank Report Card, Interviews with Senior Executives The editors of Global Finance speak with A Grade executives on the pressing issues affecting their economies, getting their views on economic policy, financial stability and the transformative role of banking in today’s rapidly changing global landscape. The interviews … Read more
Tom Ford has continued his global property spree with the acquisition of an £80 million townhouse in London’s exclusive Chelsea district, marking Britain’s biggest property deal of the year. The former Gucci and Yves Saint Laurent designer, who recently sold his fashion brand to Estée Lauder for £2.2bn, has invested heavily in luxury properties around … Read more
Due to growing demand, corporations are looking for specialized financial professionals without hiring full-time employees. A growing number of experienced CFOs are stepping away from the corporate grind and taking on freelance roles for multiple clients, either concurrently or on a sequential basis. “The demand for (freelance) professional CFOs has roughly doubled in recent years,” … Read more
Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Audi Odeabank’s loss-making Turkish subsidiary as the United Arab Emirates deepens economic ties with Turkey. The deal, pending regulatory approval from the Banking Regulation and Supervision Authority and Turkey’s Competition Authority, demonstrates ADQ’s growing presence in banking markets. Lebanese Bank Audi … Read more
Despite security threats and political unrest, tiny Togo is attracting huge interest from foreign investors. A small West African country that is one of the world’s largest phosphate producers, Togo has a resurgent economy and prospects for further development. Its industrial sector is reviving after a long period of stagnation, new investors are coming, and … Read more
The Japanese giant is banking its growth plans on acquiring US Steel, but political opposition is derailing the effort. What happens if the deal doesn’t go through? When Nippon Steel Corp. announced its agreement to buy respected United States Steel for $14.9 billion, the most attractive aspect of the deal was not the negative reaction … Read more
Collaboration is key to seizing opportunities in the changing payments environment The modern financial institution (FI) faces a challenging environment but compelling opportunities in Asia. Asia is the engine of global economic dynamics: according to the IMF, it will account for 60% of global growth in 2024 and is home to 60% of the world’s … Read more
Despite the recession and economic turmoil, Argentine technology startups are leading the way in Latin America. Few financial reports coming out of Argentina sound encouraging; The array of economic disasters that have plagued the South American country for much of the past decade can seem endless. However, Argentina continues to register as a bright spot … Read more
The winning party in November’s election will need to navigate growing social turmoil as the island nation seeks to become a global financial center. Elections in Africa are often contentious and disruptive to the socioeconomic order. Mauritius has evaded this rocky path and remains a beacon of democracy, hoping to maintain that pattern ahead of … Read more
China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit with … Read more