May 16, 2023 · 1.5K. 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 ...

Jul 18, 2024 · 1.1K. By Hilary Schmidt, International Banker. I n mid-July, the price of soybean futures contracts dipped below $11 per bushel for the first time since November 2020, as the U.S. Department of Agriculture (USDA) and other major analysts reported more favourable than expected supply conditions for the global market, as well as weak export demand. With the soybean market extending its long-term ...

Jun 15, 2015 · 42K. 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.

Oct 8, 2024 · GenAI’s potential for metamorphosing operations has captured the attention of banks worldwide. While still new, the technology is already upgrading processes in three key areas: research, risk assessment and compliance. As banks increasingly embrace GenAI’s advantages, they must plan carefully and ensure necessary governance is in place.

Sep 29, 2021 · 28.7K . 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 ...

Sep 30, 2024 · Banks that are deemed “global systemically important banks” enjoy advantages over those that are not, especially during geopolitical tensions. This may heighten the financial system’s instability risks. A recent study used CDS spreads to investigate the correlation between geopolitical risks and the default risks of G-SIBs and non-G-SIBs.

Mar 6, 2024 · 781. 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.

Nov 29, 2024 · As the world prioritises clean energy sources, hydropower rises to the top of the available choices. China easily leads in hydropower generation, although droughts in prior years hampered its ability to maximise its potential. With the rains returning in 2024, China’s hydropower investments were further increased domestically and abroad.

Sep 29, 2021 · A ugust 2021 marked the 20 th anniversary of arguably the most notorious corporate-accounting scandal of all time. It may not have been the biggest in dollar terms, or even the most severe in terms of criminality and personnel held culpable, but the Enron Corp. scandal of 2001 remains perhaps the most impactful of all time.

Sep 17, 2024 · 968. By Sreeram Iyer, Head of Group Capabilities Centre (GCC) and Chief Operating Officer, Institutional and ANZ Banking Group. G CCs are growing, but there is room for much more….. The global economy has continued to face headwinds from slower growth, rising inflation and tightening regulations. Despite this backdrop, Global Capability Centres (GCCs) have played pivotal roles in ...