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Chemical sector's growing uncompetitiveness a problem when it comes to attracting investment in the capital markets
When staff complain, they deserve a fair hearing, not a wall of silence
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
Little green men could be closer than they appear
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For the green bond market to flourish, it must be fully viable and survive without public sector support. But governments in developed countries have a clear deadline by which they have to make serious cuts to emissions and raise serious funds to help developing countries do the same — so any support to the burgeoning market in that time should be palatable.
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The Consumer Financial Protection Bureau wants to make written complaints public on its online consumer complaints database. Unsurprisingly, the Mortgage Bankers Association objects. But when online customer reviews have empowered consumers in other sectors, why should the banking industry get special treatment?
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The life of a syndicate banker is fraught with early mornings and sleep deprivation, meaning weekends and holidays are a crucial time for recharging your batteries and hiding the bags under your eyes. Unless, of course, you’re blessed with the boundless energy of National Australia Bank’s Nigel Owen.
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With Chinese banks needing a recordbreaking amount of bank capital over the next few years and the first deal expected by the end of 2014, the scaremongers are out force. But as with so much to do with China, the reality is unlikely to be as bad as some would have us believe.
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Last October Promsvyazbank signed a loan that its chief executive officer Artem Konstandian told GlobalCapital was the “easiest deal in our history”. A year on and the bank is back — but if it gets a loan away it could be the hardest financing Promsvyazbank will ever raise.
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Mongolia’s potential to be one of the fastest growing economies in the world could soon be unlocked. The smart money had better move fast.