Banking
Back to homepageFrom the editor: The Art of the Doomsayer – Crisis? What Crisis?
Just as a broken watch still tells the right time twice a day, the persistent doomsayer will eventually be vindicated. In the financial world, entire reputations are built on predicting recessions, if not depressions: keep it up long enough and
Read MoreIFC: Capital Markets Key to Development
Ending extreme poverty for good and building shared prosperity across the developing world takes money – a lot of money. Take infrastructure: for the foreseeable future, an estimated $50 billion per year is needed in Africa alone to deliver basic
Read MoreRoss Jackson: Eurozone – The End Game
It has become clear to most EU citizens, but not yet to the EU leaders, that neoliberal economics has been a total fiasco for the environment, increased inequality, and decreased the overall sense of well-being for over thirty years. When
Read MoreBrazil & Argentina: Only One Getting Real
Brazil is just one step removed from facing its reality. With nearly all macroeconomic indicators pointing in the less desirable of directions, the country is facing a downgrade of its sovereign credit rating with S&P on July 28 changing its
Read MoreOtaviano Canuto, IMF: How Commodity-Dependent Are Latin American Economies?
The end of the upswing phase of the commodity price super-cycle, after its peak in 2011, has lowered economic growth prospects in most of Latin America. While that broad statement can hardly be disputed, Chapter 3 of the latest IMF
Read MoreTD: Making the Environment Part of the Bank’s DNA
When Mike Pedersen joined TD Bank Group in 2007 as Group Head, Corporate Operations, he was tasked with putting an environmental strategy in place for the bank. Early on, he saw the need for full-time executive leadership to drive the
Read MoreCFI.co Meets the President and CEO of TD Bank: Mike Pedersen
As green as its corporate logo – or greener still: TD Bank Group, one of the six largest banks in North America and the first to fully offset its corporate carbon footprint, has placed the environment at the core of
Read MoreNigeria: An Economic Upswing Foretold
Oil prices have rebounded from their recent lows and may yet provide temporary relief to Nigeria, allowing the incoming administration of President-elect Muhammadu Buhari to forego some of the proposed budget cuts or, alternatively, increase capital expenditure. Though market watchers
Read MoreThe Renewable Electricity Grid: The Future Is Now
New World Bank report finds that with the right policies and investments, countries can integrate high levels of variable renewable energy such as solar and wind into their power grids without compromising the reliability or affordability of electricity Together with
Read MoreCFI.co Meets the Head of Responsible Investments at Nordea Asset Management: Sasja Beslik
Sasja Beslik, head of Responsible Investments at Nordea Asset Management, spends a fair chunk of his time on the road visiting projects around the globe to evaluate environmental and social impacts. Much more than the latest fad, to Mr Beslik
Read More