International Banker - Authoritative Analysis on International …
网页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. Finding ….
The WorldCom Scandal (2002) - International Banker
网页2021年9月29日 — WorldCom’s accounting scandal is a riches-to-rags story. Until its demise in mid-2002, WorldCom was regarded as the second-largest long-distance US telecommunications company. Although changing market conditions contributed to its profitability slide, its executives’ deliberate “cooking” of its books led to …
The Savings and Loan Crisis (1989) - International Banker
网页2021年9月29日 — The US savings and loan industry thrived over the 150 years following its inception in the 1830s, using depositors’ savings to fund homebuyers’ mortgages at lower costs than banks. The model unravelled in the ‘70s and ‘80s as high inflation and interest rates chipped away at S&Ls’ profitability, until some became bankrupt—even criminal.
The Subprime Mortgage Crisis (2007-08) - International Banker
网页2021年9月29日 — The model looks sound on the surface: offer mortgages to borrowers with poorer credit ratings at higher rates. But as the US subprime mortgage crisis of 2007-08 proved, the risks associated with this strategy may override the benefits. This mortgage crisis sparked a chain of events that shook the world and ended in a global meltdown.
The Enron Scandal (2001) - International Banker
网页2021年9月29日 — Enron Corp., once a top American energy-trading company, became a case study in corporate-accounting chicanery and filed for bankruptcy in 2001. The corporation’s troubles started with the introduction of mark-to-market accounting practices, leading to inflated valuations that could be hidden …
Digitalisation and Sustainability: The Two Pillars Driving Zenith …
网页2023年9月4日 — Zenith Bank, an international financial institution in Nigeria, has prospered despite serious global trials, propelled by its dedication to digitalisation and sustainability. As CEO Dr. Ebenezer Onyeagwu explained in our interview, the bank is committed to creating premium value for its personal and business customers through innovation.
What’s Behind China’s Gold-Buying Spree? - International Banker
网页2024年8月14日 — So, what’s behind this China-led gold-buying fever, then? J.P. Morgan identified several factors motivating investors to boost their exposures, which, in turn, have been driving global demand and sending prices higher. “Amid fraying geopolitics, increased sanctioning, and de-dollarisation, we observe an increased appetite to buy real assets ...
International Banker Awards 2024
网页The International Banker Awards Program highlights the best banking institutions in retail, commercial, private and investment banking.
The Top Challenges in Anti-Money Laundering and Sanctions …
网页2021年8月31日 — The stakes are high for financial institutions—regulatory authorities across the world are conducting a wave of investigations into suspected non-compliance with anti-money laundering (AML) regulations and imposing sanctions requirements that, in many cases, have resulted in substantial fines, jeopardized licenses and significantly damaged reputations. In addition, given the growth of ...
Liquidity Management: A New Challenge for Banks - International …
网页2023年1月10日 — Put simply, liquidity management is a bank’s ability to fund assets and meet financial obligations without incurring unacceptable financial costs. It is the role of the bank’s management team to ensure sufficient funds are available to meet demands from both depositors and borrowers. To mitigate liquidity stresses, banks must maintain ...
跳至内容