2021年9月29日 · A ugust 2021 marked the 20 th anniversary of arguably the most notorious corporate-accounting scandal of all time. It may not have been the biggest in dollar terms, or even the most severe in terms of criminality and personnel held culpable, but the Enron Corp. scandal of 2001 remains perhaps the most impactful of all time.

2024年12月19日 · 109. By Valerie Hernandez, International Banker. A late-October public filing by Pacific Investment Management Company (PIMCO) revealed that the American investment-management firm, best known for its sizeable fixed-income market presence, had raised $2 billion for a new asset-based finance strategy (for example, equipment-based lending and aviation finance) and its forays into consumer debt ...

2024年10月8日 · GenAI’s potential for metamorphosing operations has captured the attention of banks worldwide. While still new, the technology is already upgrading processes in three key areas: research, risk assessment and compliance. As banks increasingly embrace GenAI’s advantages, they must plan carefully and ensure necessary governance is in place.

2024年10月23日 · 395. By Joseph Moss, International Banker. W ith the upcoming launch of its first digital bank, Egypt now has a massive opportunity to boost financial inclusion across the country, not to mention lay the groundwork for a thoroughly modern, customer-centric banking system. In early May, the Central Bank of Egypt (CBE) granted preliminary approval to Misr Digital Innovation (MDI), the investment ...

2021年9月29日 · 28.7K . C oming hot on the heels of accounting scandals involving Enron and Tyco, both of which sent financial markets into tailspins, the fraud committed by WorldCom, one of the world’s biggest telecommunications companies, ended up dwarfing even those infamous crimes in terms of sheer numbers.. By June 2002, the United States’ second-largest long-distance telecommunications company ...

2024年7月18日 · 1.1K. By Hilary Schmidt, International Banker. I n mid-July, the price of soybean futures contracts dipped below $11 per bushel for the first time since November 2020, as the U.S. Department of Agriculture (USDA) and other major analysts reported more favourable than expected supply conditions for the global market, as well as weak export demand. With the soybean market extending its long-term ...

2024年10月31日 · 916. By Nicholas Larsen, International Banker. O n October 22, the International Monetary Fund (IMF) released the latest edition of its “World Economic Outlook”. Published twice a year, the report’s October issue confirmed that the organisation expects the Russian economy to grow by 3.6 percent this year, up from the 3.2-percent expansion stated in the preceding edition published in ...

2024年12月11日 · 182. By Leonardo Gambacorta, Head of Innovation and Digital Economy Unit, and Vatsala Shreeti, Economist, Bank for International Settlements (BIS). T he introduction of large language models (LLMs) has brought artificial intelligence (AI) into the spotlight. The availability of significant computing resources and vast troves of data is unlocking the potential of AI across the economy’s sectors.

2024年9月2日 · 817. By John Manning, International Banker. I n 2023, Halyk celebrated its 100 th birthday, thus marking a monumental milestone in the illustrious history of Kazakhstan’s biggest financial institution and undisputed banking pioneer. As a result of one century of hard work and dedication, Halyk became a leading financial-services group, operating across a variety of segments, including retail ...

2024年11月19日 · 616. By Nicholas Larsen, International Banker. A ccording to an economic assessment issued in July by the Fitch Solutions company BMI, Iraq’s real gross domestic product (GDP) for the full year 2024 will reach 1.8 percent, which is higher than the firm’s previous forecast of 1.6 percent and a major turnaround from last year’s 2.3-percent contraction.