Ghana Adopts Blockchain Technology to Combat Fraud
Ghana secured a $3 billion loan from the International Monetary Fund (IMF) last year. Now, the country plans to be the first in Africa to tackle public corruption by implementing blockchain technology across government operations. Vice President Mahamudu Bawumia announced…
Standard Chartered – Leading Consumer Bank 2024
Global Finance has announced the winners of its 26th annual World’s Best Banks awards. Among the honorees is Standard Chartered, recognized as the 2024 World’s Best Consumer Bank. According to Joseph Giarraputo, founder and editorial director of Global Finance, “Standard…
China’s Sales of US Debt Prompt Speculation
The discussion of de-dollarization has resurfaced following new data from the US Treasury Department, which shows that China sold nearly $50 billion in US Treasuries during the first quarter of 2023 and reduced its holdings by over $100 billion for…
Wealth Management Opportunities in the GCC Are Increasing
The Gulf Cooperation Council (GCC) states are already among the wealthiest regions globally and are poised to further enhance their status as a key hub for global wealth. According to Boston Consulting Group, the region’s financial wealth is projected to…
Interview with Pranav Seth, Chief Digital Officer at Techcombank, Vietnam
Joseph Giarraputo, Founder and Editorial Director of Global Finance, speaks with Pranav Seth, Chief Digital Officer at Techcombank, about the evolving landscape of digital banking and the opportunities it presents for both retail and business customers. Vietnam’s strong manufacturing sector…
Addressing Challenges in Achieving Sustainable Cost Optimization in Banks
While banks globally are adjusting their IT strategies to optimize costs, a survey by Infosys reveals that only about 25% are seeing the expected results from these initiatives. The survey covered banks in North America, Europe, and Asia Pacific, focusing…
Cybersecurity: A key focus for North American Banks
In the first half of the year, North American banking executives allocated more funds to cybersecurity than to artificial intelligence (AI). Recruiting skilled talent remains a significant challenge in both fields. These insights are highlighted in the second edition of…
World’s Most Peaceful Country 2024 Global Peace Index
Over the past two decades, most indicators of peacefulness have deteriorated, according to the 2024 Global Peace Index. Old and new conflicts, and our political and cultural polarization, are the main culprits. Peaceful Nations Generate Economic Value Peace, some people…
Goldman Sachs Now In Riyadh
Goldman Sachs became the first Wall Street bank to comply with Saudi Arabia’s Regional Headquarters (RHQ) program and secure a license to establish its Middle Eastern base in Riyadh. The kingdom’s new rules, which took effect on January 1, 2024,…
Qatar Stock Market Aims To Boost Product Range And Liquidity
The Qatar Stock Exchange (QSE) carried out its first domestic securities lending and borrowing (SLB) transaction in May as part of its strategy to raise market liquidity. The move marked an important development for the QSE, as it looks to…