CFO Dive

SEPTEMBER 6, 2023

The central bank’s aggressive monetary tightening will likely curb inflation without triggering a recession, former St. Louis Fed President James Bullard said.

Economics 286

Economics Banking 286

Global Finance

OCTOBER 31, 2024

Global Finance ’s 2024 ranking of the world’s 50 largest banks highlights institutions that have built powerful franchises in their respective markets, with extensive rosters of corporate, commercial, and retail clients. The 14 eurozone banks in our top 50 averaged a 1% increase in assets. 47 and State Bank of India at No.

Banking 94

Banking Construction Communication Leverage 94

Global Finance

APRIL 4, 2025

On March 21, Ethiopia issued its first-ever investment banking licenses, marking a historic shift in the nations financial sector. and Wegagen Capital Investment Bank S.C., both linked to major Ethiopian banks. The post Ethiopia: First Investment Banking Licenses Issued appeared first on Global Finance Magazine.

Investments 64

Investments Banking Economics Financial Systems 64

CFO Dive

AUGUST 1, 2023

Despite greater caution among banks, economic growth accelerated during the second quarter.

Banking 246

Banking Planning Economics 246

CFO Dive

OCTOBER 20, 2023

In the face of economic uncertainty, access to the innovation economy is essential to help bolster growth, Huntington Bank’s CFO says.

CFO 269

CFO Banking Economics 269

CFO Dive

SEPTEMBER 1, 2023

Citibank’s Mark Mason netted $15 million in 2022 as the banking industry struggled with geopolitical and economic turmoil that has yet to abate.

Banking 258

Banking Economics 258

Global Finance

OCTOBER 31, 2024

Now they must adjust as central banks turn the tables. The common thread running through this year’s country winners is the resilience they demonstrated during a period of higher interest rates linked to central bank efforts to tame rising inflation. That means banks face a different set of challenges and opportunities.

Banking 98

Banking Finance Economics Currencies 98

Global Finance

JANUARY 31, 2025

For Prime Minister Abiy Ahmed, ringing the bell to mark the opening of ESX was a momentous occasion and another feather in his philosophy of economic liberalization. So far, ESX has one listing, by Wegagen Bank. The ESX relaunch comes after critical reforms like opening the banking sector to foreigners and forex floating.

Economics 66

Economics Marketing Finance Banking 66

CFO Dive

JUNE 13, 2022

To navigate a “constantly changing” macro-economic environment, State Street is focusing on reducing its day to day technology spend in favor of more strategic operational investments in AI, automation and like technologies, according to its CIO and CFO.

CFO 292

CFO Banking Economics Investments 292

Global Finance

DECEMBER 6, 2024

After a brutal 2022-2023, which saw economic activity impacted by COVID-19, Russias invasion of Ukraine, and Germanys downturn, 2023-2024 has seen a recovery in Central and Eastern Europe (CEE) and Southeastern Europe (SEE). This campus symbolizes the groups confidence in private banking, and Erste Bank is this years Best Private Bank in CEE.

Banking 75

Banking Prioritization Investments Economics 75

Global Finance

DECEMBER 26, 2024

Egypt has achieved a historic milestone with the initial public offering (IPO) of United Bank on the Egyptian Exchange (EGX). This would be the first bank listing in over 25 years and the countrys first IPO since 2021. United Bank offered a 30% stake, pricing 330 million shares at EGP13.85 each, valuing the bank at EGP15.24

Banking 52

Banking Economics Investments Finance 52

Global Finance

DECEMBER 26, 2024

DBS , a double award winner as Most Innovative Bank for FX as well as for Best AI/Machine Learning FX Tool, first deployed an AI and machine learning hyper-personalization tool across its treasury and markets businesses. Morgans global FX platform, reducing FX settlement risk and accelerating trade settlements.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

Global Finance

NOVEMBER 5, 2024

Global Finance spoke with Yousef Khalawi, secretary general of the AlBaraka Forum for Islamic Economy, about the role of Islamic finance and economics as a holistic and sustainable framework for all economies. GF: Are the core principles and objectives of Islamic economics a challenge to communicate to younger generations? Why is that?

Finance 116

Finance Communication Economics Investments 116

Global Finance

MARCH 27, 2025

From the establishment of its earliest banks in the mid-19 th century to becoming one of the worlds most advanced financial hubs, Singapore’s banking evolution mirrored the countrys journey from a modest colonial entrept for the trade between Asia, Europe, and then the United States to one of the worlds wealthiest and most developed nations.

Banking 52

Banking Finance Economics Investments 52

Navigator SAP

JULY 7, 2023

The collapse of Silicon Valley Bank, and the potential for a recession later in 2023, only adds to the concern. The outlook remains uncertain this year as worker shortages, disruptions to global supply chains due to regional conflicts and inflation continues to impact business owners.

Economics 244

Economics Banking 244

CFO News Room

NOVEMBER 12, 2022

Per usual, economic principles suggest a vastly different outcome than optimistic policy makers. In economic terms, it’s a complement to consuming goods containing sugar (mostly carbohydrates). . His research has appeared in the Southern Economic Journal , Public Choice , Journal of Institutional Economics , and Research Policy.

Economics 130

Economics Healthcare Education Communication 130

Global Finance

JANUARY 31, 2025

Vista Bank, a digital-first Nigerian lender, has received regulatory approval from Frances Prudential Supervisory Authority (ACPR) to establish operations in France. Granted on January 1, this milestone marks a significant step in the banks expansion strategy to strengthen Africas trade ties with Europe.

Banking 71

Banking Financial Systems Economics Leverage 71

CFO Dive

AUGUST 5, 2024

The central bank official cited signs of solid economic growth, including a 2.8%-annual-rate annual-rate increase in gross domestic product during the second quarter.

Economics 286

Economics Banking 286

CFO News Room

DECEMBER 12, 2022

There is also a great deal of empirical evidence suggesting that it is a relevant economic fact. In our article in the Southern Economic Journal , Justin Callais and I argue that economic freedom (our proxy for institutions) is a powerful force to enhance income mobility. This explanation is elegantly simple.

Economics 130

Economics Education Investments Securities 130

CFO Dive

MAY 8, 2024

Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.

Economics 278

Economics Banking 278

Barry Ritholtz

JANUARY 2, 2025

This is true about equity and bond markets, specific company stocks, and economic data series. It is especially true for strategists and forecasters at large brokers and banks. So as strategists at Bank of America Corp., Deutsche Bank AG, Goldman Sachs Group Inc., One last reminder: All forecasts are marketing.

Forecasting 138

Forecasting Entertainment Investments Economics 138

Global Finance

APRIL 5, 2025

Major banks like Absa Bank, ICBC, OTP Bank, Bradesco BBI, J.P. AN Global, Middle East Standard Chartered Standard Chartered is a leading international bank recognized for its work in infrastructure finance. It focuses on emerging markets and promotes social and economic development through sustainable finance.

Investments 52

Investments Banking Finance Economics 52

Musings on Markets

JANUARY 28, 2025

It was an interesting year for interest rates in the United States, one in which we got more evidence on the limited power that central banks have to alter the trajectory of market interest rates. We started 2024 with the consensus wisdom that rates would drop during the year, driven by expectations of rate cuts from the Fed.

Banking 69

Banking Treasury Forecasting Economics 69

CFO Dive

NOVEMBER 1, 2023

The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

Forecasting 286

Forecasting Economics Banking 286

Global Finance

MARCH 20, 2025

Cost transformation forces banks to innovate European banks are navigating a complex landscape characterized by economic headwinds and cost pressures. This will lead banks to tighten their operational efficiencies. Historically, banks have faced high-cost pressures exacerbated by their legacy systems.

Banking 59

Banking Compliance Technology Sales 59

Global Finance

DECEMBER 6, 2024

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52

Banking Concentration Investments Risk Management 52

Global Finance

NOVEMBER 5, 2024

Setty, Chairman of State Bank of India (SBI) The interview looks at SBI’s growth trajectory, particularly emphasizing digital transformation, financial inclusion, and global reach. Under Setty’s leadership, SBI is positioning itself as more than just a domestic banking giant. The post Interview with C.S.

Banking 52

Banking Leadership Economics Finance 52

Global Finance

DECEMBER 5, 2024

After Thomson’s end of year speech, there were talks with several financial institutions with Davivienda’s considered the best offer, according to economics publication Primera Página. However, they will remain in Colombia focusing on corporate customers and large-scale financial projects under the umbrella of The Bank of Nova Scotia.

Banking 98

Banking Sales Economics Finance 98

Future CFO

DECEMBER 11, 2024

The banking sector has been known for its resilience and adaptability and must continue to innovate to thrive. With 2025 just around the corner, several key trends are reshaping the banking and financial services landscape. Banking executives must navigate a complex environment filled with challenges and opportunities.

Banking 52

Banking Risk Management Compliance Investments 52

Global Finance

OCTOBER 31, 2024

Africa : UBA United Bank for Africa (UBA) is celebrating its 75th anniversary. million in pretax profits in 2023, and a presence in 20 markets on the continent and four global centers—empowering SMEs means fueling Africa’s economic development. The bank also ensures easy transaction processing through its UBA Afritrade and UBA Connect.

Banking 52

Banking Finance Construction Foreign Exchange 52

CFO Selections

NOVEMBER 20, 2024

A CFO has a deep understanding of your business model and your banking relationships, works with your board of directors, prepares detailed financial and management reports, works with auditors, oversees tax planning, and sets policies around controls and payroll.

CFO 105

CFO Tax Planning Leadership Budgeting 105

Global Finance

DECEMBER 6, 2024

The private banking landscape in Latin America is experiencing significant growth and transformation. The rising number of middle-class investors has led to an increase in the number of private banking clients. However, it has also decreased the total share of assets under management (AUM) for private banks. billion (about $71.7

Banking 52

Banking Investments Finance Numbers 52

Global Finance

MARCH 6, 2025

The Bank of Latvia, the countrys central bank, is more optimistic for 2026 and 2027, expecting growth of 3.1% and 3.3%, respectively, due to stronger domestic demand, lower inflation, and the inflow of foreign capital into Latvias fintech, defense and banking sectors. The government also wants Riga to be a leading banking hub.

Transportation 82

Transportation Economics Budgeting Investments 82

Global Finance

OCTOBER 29, 2024

Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency and liquidity in its currency markets. Automating FX trades represents a significant step toward creating a fairer and more efficient Nigerian market.

Foreign Exchange 98

Foreign Exchange Currencies Economics Banking 98

Global Finance

DECEMBER 6, 2024

Banking app adoption rises by more than 50% in some markets. Banking in Central America and the Caribbean continues consolidating, with a mix of de-risking and record profits. Many, such as El Salvadors newest bank, Banco Integral, as well as Lafise in Nicaragua and Panama, are focused on small and midsize enterprises (SMEs).

Banking 52

Banking Finance Education eCommerce 52

Global Finance

MARCH 5, 2025

With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs and risks. Scotiabank has officially exited retail banking in Panama, Costa Rica, and Colombia, marking the latest move by a major international lender to scale back in the region.

Banking 52

Banking Compliance Treasury Finance 52