International Banker - Authoritative Analysis on International …
Recent Comments. Aaron on Political Woes Could Prove Decisive for Pakistan’s Economic Future; Michias Mamo Milky on Ethiopian Banking Sector’s Development Given Major Boost by Approval of Foreign Entrants; Ngosa kaoma on What’s Behind China’s Gold-Buying Spree?; Rahul Gupta on India Poised to Explore New Frontiers in Digital Payments with an Ever-Evolving Homegrown Innovation Landscape
Why Inflation in Argentina Is Above 100 Percent - International …
May 16, 2023 · 1.3K. By Valerie Hernandez, International Banker. O n May 12, Argentina’s official statistics agency confirmed that prices had surged by a mammoth 108.8 percent year-on-year in April, having already posted 104.3 percent in March and 102.5 percent in February. The last time the South American country posted such sky-high rates was back in 1991 when it was mired in a period of hyperinflation ...
Can the BRICS New Development Bank Compete with the World …
Sep 3, 2014 · 11.8K. By John Manning – [email protected] In July, the BRICS countries – China, Russia, Brazil, India and South Africa – set up a new bank (the New Development Bank) with the purpose of providing loans to poor countries across the world.
Pre-Provision Net Revenue (PPNR) Modelling: A Global Stress …
Jun 15, 2015 · 41.9K. By Andrew Frisbie, Managing Director, UK Region Head, Novantas. Summary. Since the crisis, stress testing has been a central driver of enhanced global standards for advanced risk management.
The WorldCom Scandal (2002) - International Banker
Sep 29, 2021 · 28.5K . C oming hot on the heels of accounting scandals involving Enron and Tyco, both of which sent financial markets into tailspins, the fraud committed by WorldCom, one of the world’s biggest telecommunications companies, ended up dwarfing even those infamous crimes in terms of sheer numbers.. By June 2002, the United States’ second-largest long-distance telecommunications company ...
Bernie Madoff’s Ponzi Scheme (2008) - International Banker
Sep 29, 2021 · 12.7K . I n April of 2021, it was announced that at the age of 82, the criminal financier Bernard Lawrence (Bernie) Madoff had died in a federal prison hospital in Butner, North Carolina, whilst serving a 150-year sentence for various financial crimes, including securities fraud and money laundering. It is widely thought that Madoff ran the biggest Ponzi scheme in financial history, worth ...
The Top Challenges in Anti-Money Laundering and Sanctions …
Aug 31, 2021 · 44K. By Sven Stumbauer, Senior Advisor, Norton Rose Fulbright LLP. T he stakes are high for financial institutions—regulatory authorities across the world are conducting a wave of investigations into suspected non-compliance with anti-money laundering (AML) regulations and imposing sanctions requirements that, in many cases, have resulted in substantial fines, jeopardized licenses and ...
AWARDS Archives - International Banker
Recent Comments. Aaron on Political Woes Could Prove Decisive for Pakistan’s Economic Future; Michias Mamo Milky on Ethiopian Banking Sector’s Development Given Major Boost by Approval of Foreign Entrants; Ngosa kaoma on What’s Behind China’s Gold-Buying Spree?; Rahul Gupta on India Poised to Explore New Frontiers in Digital Payments with an Ever-Evolving Homegrown Innovation Landscape
Why Asset and Liability Management Should Be the Nerve Center …
Mar 6, 2024 · 657. By Sean Coyne, Solutions Consulting Principal, Treasury & Capital Markets, Finastra. A fter being awash with liquidity over the last decade, 2023 proved to be a tumultuous year for banks. Banking failures on both sides of the Atlantic Ocean have renewed focus on asset and liability management (ALM), bringing an often-overlooked discipline into the spotlight again.
The Stock Market Crash of 1929 - International Banker
Sep 29, 2021 · 4.6K . I t remains perhaps the most eventful few days in financial-market history. The stock market crash of 1929 began on October 24, and by the 29 th, the Dow Jones Industrial Average (DJIA) had lost just shy of 25 percent of its value.The collapse destroyed investor confidence in the United States and eventually led to the Great Depression, perhaps the most damaging economic downturn of all ...