International Banker - Authoritative Analysis on International …
WEBSeptember 12, 2024. Many UK financial firms have incorporated artificial intelligence into their operations, but technology hasn’t finished with them yet. Quantum computing …. September 11, 2024. Artificial intelligence is gaining rapid acceptance in industries worldwide because of its productivity enhancements, and banking is no exception.
The WorldCom Scandal (2002) - International Banker
WEBSep 29, 2021 · The WorldCom Scandal (2002) September 29, 2021. Coming 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.
The Enron Scandal (2001) - International Banker
WEBSep 29, 2021 · The Enron Scandal (2001) Both of these buildings in downtown Houston, 1400 Smith Street and 1500 Louisiana Street, were formerly occupied by Enron. August 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 ...
BDO Unibank: Proving that Digitalisation Is the Best Path to …
WEBAug 31, 2020 · BDO Unibank has been the bank of choice for Filipinos for decades, rewarded for its dedication to satisfying customers’ needs with high rankings. The Philippines’ Enhanced Community Quarantine has tested BDO’s dedication to its stated values, but it has proven faithful to its CORE commitments to clients. Even in stressful times, BDO is on track to fulfil its vision of serving as many ...
Understanding Blackstone Group’s Investment Strategy
WEBNov 7, 2016 · Understanding Blackstone Group’s Investment Strategy. November 7, 2016. By Jane Winterbottom – International Banker. The returns that Blackstone has earned since its establishment just over three decades ago are impressive by any standards. Its private-equity funds have made an average annual return of 19 percent; its real estate funds have ...
Finance Archives - International Banker
WEBSep 9, 2024 · The Ghost in the Shell: How Shell Companies Are Used to Evade Export Controls and Why This Is Good News for Financial Institutions. August 30, 2024. Financial institutions’ compliance programs protect them from being exploited for illicit activities. Shell companies’ strategic trade-control evasions flow through the ….
Addressing the Problems of Legacy Banking Systems
WEBOct 26, 2020 · Addressing the Problems of Legacy Banking Systems. October 26, 2020. Inspired by a wave of disruptive digital innovation, the last decade has witnessed perhaps the most rapid evolutionary change ever within the global banking system. Thanks mostly to a combination of greatly heightened expectations from banking customers and the …
Instituting a Funds Transfer Pricing (FTP)-driven Decision …
WEBOct 21, 2014 · Let’s examine FTP with this example of a 2-year loan financed by a 3-month deposit. Let’s say the Deposit division acquires USD 1 million as funds from the customer at the cost of 4%. The funds are then passed on to Treasury at 6% (FTP rate) and earns a deposit spread of 2% in the process. Treasury then passes the funds on to the Loan ...
Afghanistan: The State of Banking Under the Taliban
WEBOct 21, 2021 · 4.3K. By John Manning, International Banker. I n late September, the chief executive officer of the Islamic Bank of Afghanistan, Syed Moosa Kaleem Al-Falahi, warned of an imminent collapse in Afghanistan’s banking system. “There are huge withdrawals happening at the moment,” Al-Falahi told the BBC (British Broadcasting Corporation). “Only withdrawals are happening, most of the banks ...
One Year On: The Impact of the GDPR on Digital Banking
WEBMay 28, 2019 · 8.9K. By Emma Erskine-Fox, Associate, TLT LLP. It’s now been just over a year since the General Data Protection Regulation (GDPR) came into effect across the European Union, bringing with it panic, misinformation and scores of emails asking us to consent to stay on mailing lists we’d forgotten we’d signed up to.