International Finance

Tag : CEO

Banking

Online-only banks gaining popularity

With banks struggling to remain profitable, digital banks are disrupting the way the industry functions Suparna Goswami Bhattacharya June 29, 2015: The one industry which has gone through a sea of transformation in the last decade is the financial industry. It all started with the opening up of ATMs and the addition of online banking...
Fintech

WhoTrades turnover in Latin America touches $10 billion in 6 months

The client base stands at 8,500 people and is doubling each month May 26, 2015: International Finance Magazine has recognized licensed US brokerage WhoTrades as the fastest growing brokerage in Latin America in 2015. After six months of working in the region, the company’s turnover reached USD 10 bn, while its client base, which currently...
Business Leaders

‘Sacombank has been growing steadily’

CEO Phan Huy Khang says it is the outcome of targeting the correct areas, and providing a broad range of services and products            Sacombank CEO Phan Huy Khang March 2, 2015: Though Vietnam is one of the many south-east Asian countries witnessing strong economic growth, it is also home to...
Fintech

Cyber Crime and Security – An ongoing battle

Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...
Islamic Banking

Spike in interest rates could hamper Islamic finance

Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...
Business Leaders

Investors losing interest in South Africa

Change political mindset to overcome economic constraints, says John Kane-Berman, CEO, Institute of Race Relations Miriam Mannak November 5,2014:It hasn’t been plain sailing for South Africa. Besides slipping on the World Bank’s Economic Freedom Index and the World Economic Forum’s Competitiveness Index, the International Monetary Fund presented a rather bleak economic outlook for Africa’s second...
Business Leaders

Citi appoint new CEO for Citibank Malaysia

Lee Lung Nien will report to Citi’s head of Asean Michael Zink IFM Correspondent October 8, 2014: Citigroup has appointed Lee Lung Nien as the new CEO of its wholly owned unit Citibank Bhd. Lee will have overall responsibility for Citi’s franchise in Malaysia, including its institutional clients group, and the consumer banking, cards and...
Business Leaders

Vonage announces new CEO

Alan Masarek is a former Google Inc executive IFM Correspondent October 8, 2014: Holmdel-based Vonage Holdings Corp. on October 7, 2014 announced the appointment of Alan Masarek, former Google Inc executive, as CEO of the company. The appointment will be effective November 6, 2014. Masarek succeeds Marc Lefar, who is retiring from the CEO post...
Business Leaders

‘Immediate concern is the lack of human resources’

Dr. Mahmoud Said Abdalaal, CEO of Aafaq Islamic Finance tells IFM about the challenges facing Islamic finance and banking What sets Aafaq apart from other finance companies? Aafaq’s role as a finance company is strategic in meeting the visionary approach of HH Sheikh Muhammad Bin Rashid Al Maktoum. Our strategic approach matches the growing economy...