Both the ECB and BoE are likely to be under new leadership within the next nine months. While Draghi’s eight-year term expires in October, Mark Carney’s is expected to end in January 2020. This transition will come at a pivotal time when both banks are struggling to initiate the process…
Recent News
Citi Global Trade Uses AI to Digitise Compliance in NextGen Project
EY and SAS collaborated to improve risk and compliance processes Citi announced its NextGen project, an initiative with EY and SAS, using artificial intelligence (AI) to develop an advanced risk analytics scoring engine. NextGen was created to help streamline the time-consuming, highly manual processes associated with…
Minimal Bliss
A city of stark, utilitarian, Soviet-style buildings constructed in a rush during the 1950s is probably the last place you would expect to find a striking example of modern, cutting-edge minimalist architecture. But in an otherwise unremarkable suburban setting on the outskirts of Chişinău – the capital city of…
More Firms Turn to Islamic Finance
A growing number of non-regional [GCC] organisations are turning to Islamic Finance, and in particular to sukuk instruments, to raise funds for their infrastructure and development projects, affirms a leading UAE-based investment banking expert. The comments from Zahid Aslam, Managing Director of Investment Banking at Dalma Capital…
Markets ‘Unmoved’ by Trump’s State of the Union
U.S. and global financial markets are unlikely to be “unmoved” by President Trump’s 2019 State of the Union address on Tuesday evening, affirms the CEO of the one of the world’s largest independent financial advisory organisations. The comments from Nigel Green, founder and chief executive of deVere Group which does…
Comment – Europe: a Policy Crisis
While the Europeans have been busy trying to impose a miserable Withdrawal Agreement on the UK, a potential crisis has crept up on them of their own making. It is not clear that the eurozone could survive a new recession in its current form. This risk would be exacerbated by…