The IMF board’s 24 members are due to make a decision on who will be the next IMF managing director after the two key candidates had an opportunity to present all relevant information concerning their candidacy to the executive board.
 French finance minister Christine Lagarde remains a clear favourite for the top job as head […]

Europe’s leaders agreed late on Thursday to release a fresh €12bn bailout for Greece provided it passes an austerity package before its parliament.
 Greece is expected to introduce strict measures of €28bn in tax rises and spending cuts and in addition will have to commence a €50bn programme in privatisations of state assets.
 “Greece must […]

Secure forex trading means having robust, round-the-clock risk systems

As legislators seek to safeguard against future financial crises, US politics again faces the battle between those in favour of tougher regulation and those with a vested interest in seeing otherwise

With a strong presence and long history in West African banking, this Nigerian financial services group has its sights set on the global market

Chinese iron ore trading developer Sinosteel Midwest suspended work on its $2.1bn Australia-based Weld Range iron ore mining project due to uncertainty surrounding the proposed Oakajee port and rail project.
 The $5.2bn joint venture between Mitsubishi and Murchison Metals has been inundated by delays recently and Sinosteel, one of the largest investors by a Chinese […]

The new pan-European solvency regime presents significant opportunities for insurers and other financial institutions, say Deloitte’s Michel de La Belliere and Rick Lester

Three decades of turbulence in the Middle East has radically changed the investment landscape in terms of its discipline, processes and function

Since the crash of the western financial system in 2008, even Pope Benedict XVII has highlighted the ability of Islamic banking systems to heal the economy

How brokers will be able to expand their clientele, strengthen their position and offer its customers more innovative technologies

Inbursa was founded 45 years ago by Carlos Slim Helu. Since that date it has remained with the same controlling shareholders, and has enjoyed an outstanding track record of growth, profitability and strength


JPMorgan Securities has agreed to pay $153.6m to settle civil fraud charges against it for misleading buyers of complex mortgage securities investments during the collapse of the housing market, it was announced late on Tuesday. 
 The SEC found that JPMorgan did not correctly disclose to investors that the vehicle had been created on behalf […]

The last decade has seen this Jordanian bank transform
from small-time operator to big business motivator

Chilean investment bank Celfin Capital is growing fast in Latin America – and has designs to advance north

Multi-platform capability enables fast, reliable and above all secure access to trading accounts any time and anywhere