
Open Banking: Still The Next Big Thing
As open banking expands, consumers and companies stand to enjoy lower fees, greater ability to leverage their financial data: if they can control the risk of stolen or misused data.
The global ESG market has arguably experienced more see-saw action than any other sector. Thanks to new regulations, a steadier future may be in store.
New research indicates that well-executed separations can lead to an excess blended return of roughly 6% over the respective sector indexes for two years after the transaction closes.
Fewer American students are choosing to become CPAs at a time when older accountants are increasingly leaving the field.
According to China's new proposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights.
Indian companies continue to do business with Russian banks using non-dollar currencies and channels outside of the Western financial system.
Silicon Valley Bank and other recently collapsed banks all received clean bills of health from outside auditors raising the question of whether accounting standards themselves need to be reformed.
The Middle East could prove a profitable oasis.
Beijing's overhaul announcement and state media coverage sought to boost consumer and investor confidence, which has been shaken by the Chinese economy's slow emergence from Covid-19 lockdowns.
Could the SVB and Signature Bank runs have been prevented?
Saudi Arabia's central bank raised key policy rates seven times in 2022 and economic growth is projected to slow this year.
World Bank President David Malpass—a Trump administration appointee—will soon be replaced by the Biden administration's pick, former Mastercard CEO Ajay Banga.
Kazuo Ueda will have his plate full when he takes over in the spring, with the market keen to see whether—and how soon—he will deviate from his predecessors controversial policies.
Audit companies face an audit by a government oversight agency and are found lacking.
Japanese Prime Minister Fumio Kishida will nominate a new head of the BoJ perhaps as early as February.
Britain repeals post-2008 banking reforms, including the cap on bonuses for bankers.
The excise tax—also meant to prevent corporations from amassing excess capital at the top—is anticipated to raise around $74 billion.
The FTC is suing to block the merger of Nvidia and Arm as well as the purchase of virtual-reality startup Within by Meta (Facebook).
Some political leaders are making progress in combatting climate change at COP27 while others are playing the blame game.
A new SEC seeks to align CEO and close collaborators’ compensation with corporate results.
After years of easy money, central banks are tightening up—some more quickly than others. Global Finance grades their performance in the face of the past year’s rising inflation.