Global Business Network
The topic of my talk today is lessons we can draw from the market turbulence we saw in March and April 2020. But before we get there I want to talk about an earlier crisis. Let’s rewind to 2008. On September 15th, Lehman brothers collapsed taking with it one side of $35 trillion in derivatives … Read more
All the benefits of Digital + Print plus subscriptions to: The Banker Database is a service of the Financial Times, providing comprehensive financial data and insight for 5000 of the world’s leading banks, in more than 160 countries.Visit The Banker Database + A specialist service from the Financial Times, Global Risk Regulator provides insightful reporting … Read more
It has been almost six months since Belarus’s autocratic president Alexander Lukashenko claimed a landslide victory in a rigged presidential election in August last year, which led to widespread protests across the country involving hundreds of thousands people. The protests have continued to take place even during the freezing Belarusian winter, and the unrest represents … Read more
Sky lantern festival, New Taipei City, Taiwan   Despite the turbulent global environment and continuing uncertainty, Fubon Life has maintained outstanding performance with the advantages of financial stability, comprehensive distribution channels, and a diversified product portfolio in 2020. The cumulative net profit after tax for the first eight months last year reached NT$43.058 billion, equalling … Read more
Remarks by Mr Agustín Carstens, General Manager of the BIS, at the Hoover Institution policy seminar, Basel, 27 January 2021. Source link
Financial services investment into India has soared over the past five years, with foreign investors particularly attracted to fintech opportunities in the country despite a slowdown in projects in 2020 because of the Covid-19 pandemic. The number of financial services foreign direct investment (FDI) projects reached 36 last year (January to November data) from 14 … Read more
Lack of a fully fungible capital and liquidity regime may limit large-scale mergers between eurozone countries. Source link
  Author: Khetkhan Neesanant, Director, Head of Institutional & HNWIs Business Department, Business Development Division, UOB Asset Management (Thailand) January 22, 2021 Thailand’s asset management industry, particularly private funds or segregated mandates, has grown by as much as 15.03 percent (CAGR) due to interest from insurers over the past 10 years, compared to 10.37 percent … Read more
Global cross-border claims changed little in aggregate in Q3 2020 after large fluctuations in Q1 and Q2. Cross-border claims on emerging market and developing economies continued to fall, driven again by claims on Latin America and the Caribbean. Since the start of the pandemic, the size of banks’ balance sheets has increased sharply with the … Read more
The world over has seen a marked increase in fraud and money laundering during the Covid-19 pandemic. At a recent roundtable, industry experts discussed how the financial industry is coming together to collaborate and deploy innovative, network-level solutions to trace and prevent financial crime across the digital economy. Panellists: Mark Courtney, chief product officer, Cifas … Read more