The Top 3 Banking Trends for 2019

January 8, 2019 | David Horton - Managing Director, Global Head of Innovation
With recent U.S. stock markets plummeting to 1929 Great Depression levels and ‘No-Deal’ Brexit prospects in Europe, one could arguably claim that 2019 begins with all the key ingredients for an imminent ‘Finpocolypse’.

Interview: transformation of the banking industry

December 11, 2018 | Kaiser Naseem - Banking and Digital Transformation Advisory Services, International Finance Corporation (IFC)
Market insights by Kaiser Naseem, Banking and Digital Transformation Advisory Services for the International Finance Corporation (IFC). We’ve asked him to share with us his views for the banking and financial services industries transformation happening now.

Western Medicine by Eastern Wealth: Chinese VCs Invest in US Healthcare Startups

December 5, 2018 | Gregory Silberman - Chief Investment Officer, Atlanta Capital Group
China is doing what China does when in need of a tech boost. It has decided to invest in western companies via acquisitions, mergers, investments, and joint ventures.

It’s evolution, baby – how institutions can improve without critical junctures

December 3, 2018 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
Daron Acemoglu and James Robinson caught policymaker’s attention to the critical role of institutions for development. Their work gives too much emphasis to the prospects of revolution, however. A reading of the World Bank’s World Development Report of 2017 points to directions that all actors involved in the process, whether domestic or international, elite or non-elite, can take to improve societies.

Benefits and costs of Islamic finance

November 14, 2018 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
Islamic finance is a way of doing finance while respecting Islamic ban on interest-based transactions and ensuring risk sharing between parties in all operations.

Threat of ‘currency bullying’

November 9, 2018 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
On 24 July the International Monetary Fund released its 2018 External Sector Report, its latest assessment of the current account balances of the world’s 30 largest economies. There was no major change relative to previous years, and the configuration of global surpluses and deficits that has prevailed since 2013 endures. However, there are reasons to expect more abrupt alterations ahead, particularly in the light of US fiscal easing at a time of high employment in the country. In the context of US-led trade wars, as well as recent bouts of Chinese exchange rate depreciation, it is possible that currencies will be subjected to their own war or ‘currency bullying’.

It is high time for smart CAPEX in Bank Operations (back offices)

November 6, 2018 | Ivan Bulajic - Executive Director of Operations, Société Générale
Over the last two decades, technology advances have had a major impact on banking. But, not all bank functions have participated equally in this rapid evolution.

How to Heal the Brazilian Economy

November 2, 2018 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
The Brazilian economy is suffering from a combination of ‘productivity anemia’ and ‘public sector obesity’. The crisis, followed by slow recovery in recent years, reflects the advanced stage of evolution of the disease, preceded by an incubation period during which its symptoms were disguised. Improving productivity performance, reforms in the governance model of the Brazilian public sector, and a review of public spending might cure the disease that is afflicting the Brazilian economy.

The Asian Pivot: Equity Managers Look to Asia Even as Markets Plunge

November 1, 2018 | Gregory Silberman - Chief Investment Officer, Atlanta Capital Group
I had some Chinese last night and my local takeaway hero gave us some fortune cookies to go with it. My wisdom-in-a-biscuit read “The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity.” This is a pertinent statement about the current development in Asia, and a timely one too. While half the world is predicting doom, there is another half that sees boom.

How History Matters in Post-Socialist Economies

October 29, 2018 | Aleksandr Gevorkyan - Assistant Professor of Economics, St. Johns University
Despite the independence premium in national policy and in parallel with evidence suggesting recent strong economic growth the post-socialist economies are yet to achieve the ideals announced at the outset of market reforms. Ironically, the most unfortunate economic plan was the 1990s script of transition from planned economy to free market in the EE and FSU...