Remove Banking Remove Concentration Remove Economics
article thumbnail

World’s Best Private Banks 2025: Middle East

Global Finance

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52
article thumbnail

Asia’s Giants Push Deeper Into Latin America

Global Finance

With US investment in Latin America shrinking, China and India are seizing the opportunity to expand their economic reach in the region. billion total, according to the UN Economic Commission for Latin America and the Caribbean. billion) in acquisitions and operations across Brazil, where half of its operations are now concentrated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sovereign Ratings, Default Risk and Markets: The Moody's Downgrade Aftermath!

Musings on Markets

The first is that, over time, sovereign defaults, especially on foreign currency debt, have shifted from bank debt to sovereign bonds, with three times as many sovereign defaults on bonds than on bank loans in 2023. The consequences of sovereign default have been both economic and political.

Marketing 116
article thumbnail

As Dominican Republic’s Fintech Sector Booms, Financial Inclusion Is Big Goal

Global Finance

The Inter-American Development Bank (IDB) reports that the number of companies the island nation hosts in the field grew from six in 2018 to 65 in 2024. Dominican Republic internet banking and electronic payments are showing substantial growth of over 20% year-on-year from 2023-2024, along with impressive innovation.

article thumbnail

Members’ Profile: Rofhiwa Irene Singo

CFO Talks

My career journey began at the age of 20, working in banking shortly after finishing my studies. I also ensure I eat three balanced meals a day to keep my energy levels steady. When I need to work on a document that requires deep focus, I control the flow of traffic to my office, minimising interruptions to concentrate fully.

CFO 95
article thumbnail

Best Financial Innovation Labs 2025

Global Finance

Based in Morocco, Attijariwafa Bank has significant operations in 15 countries in northern and western Africa, along with branches in Europe and Asia. Since its inception, the lab has worked with more than 100 startups, helping them integrate their products into banking use cases. Its innovation department, Wenov, was founded in 2020.

article thumbnail

World’s Best Private Banks 2025: Middle East

Global Finance

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52