Indonesia Facing Daunting Problems Despite Strong Past Economic Performance
Indonesia continued to grow during the financial crisis even as the economics of other countries were contracting at alarming rates.
Banks Deploy Drastic Strategies to Overcome International Challenges
Investors in international banking should keep informed, as many banks are reinventing themselves to keep up with a changing marketplace.
Sochi Games Are Stark Reminder Why Investors Hesitate in Russia
No country hosting a major global gathering can hope to escape media scrutiny and public criticism, and Russia is no exception.
A Development Bank Built by and for the BRICS
A bank run by a force other than the U.S. and Europe could change things drastically for developing nations—if it lives up to its stated purpose.
Concidence? Big ETF News Accompanies Big ETF Conference
The week has brought launches of ETPs on the Singapore dollar, BDCs and infrastructure, along with Schwab’s commission-free platform.
Top 13 Regulatory Predictions for 2013
Former SEC Commissioner Annette Nazareth, who’s now with Davis Polk & Wardwell, and her colleague Gabriel D. Rosenberg released in early January their list of 13 key regulatory predictions for this year.
EU to Consider Caps on Banker Bonuses
Britain’s Finance Minister George Osborne, who has been outspoken in his efforts to preserve the London’s financial primacy in Europe, is expected to oppose the measure and has already said he would fight any bonus caps proposed by Brussels.
U.K. Officials to Question U.S. Companies on Taxes
American executives from Amazon, Google and Starbucks were to be on the hot seat in Britain on Monday as they faced questioning by U.K. tax authorities over how they managed to pay so little tax on earnings that amounted to billions.
European Banking Union Not Enough: Investors
Investors, apparently, not only lack faith in officials to take decisive action on the debt crisis but also do not seem to believe that a bold solution proposed by some can work—because it does not go far enough.
G-20 Boosts IMF Firewall, Pressures Germany
At the summit meeting of G-20 leaders in Los Cabos, Mexico, the focus was on strengthening the firewall of the IMF and pushing Germany to relent on pooled debt and increasing deficit spending.