Finance

Global Finance (GF): What are the highlights of your professional journey, and what was appealing about your move to Scotiabank? Francisco Aristeguieta (FA): Before joining Scotiabank in April 2023 to lead the group’s International and Global Transaction Banking (IGTB) businesses, I was CEO for custody services at State Street. Prior to …

Some of Latin America’s smaller nations are stealing the limelight as US tariffs bring economic headwinds to the region. Some of Latin America’s smaller states are flipping the script on their larger rivals. Guatemala, Jamaica, and Barbados have all received credit rating upgrades this year and their economies have been …

With a new US tariff regime in place, the region’s economies face their greatest disruption in at least a generation. When US President Donald Trump initiated a new regime of tariffs on global imports reaching the US, investors reacted by retracting forecasts and rethinking investment dynamics while companies globally started …

A host of enhancements to cross-border payments are promising to enrich the global payments landscape. But implementing change within this complex industry isn’t straightforward. In today’s instant, interconnected world, a crucial juncture has been reached in cross-border payments. Businesses and consumers – increasingly frustrated with inadequate, inefficient legacy international payment …

Metals powerhouses Anglo American and Teck have approved a merger of equals sanctioning them to become one of the top five copper global producers, via world-class assets across Canada, the US, Latin America, Southern Africa, and Europe. The merger has been effectuated by American issuing 1.3301 ordinary shares to existing …

Hong Kong’s offshore yuan bonds will likely hit a record year, according to Bloomberg data. Corporate issuers have already raised a record $46.2 billion this year. Deutsche Bank estimates annual dim sum bond issuance tripled between 2022 and 2024, hitting 1.4 trillion yuan (about $196.5 billion) in 2024. Observers expected …

Japan’s chemical majors are taking bold steps to weather a storm of margin pressure created by a glut of Chinese petrochemical capacity. In a watershed move, Mitsui Chemicals, Idemitsu Kosan, and Sumitomo Chemical have signed a memorandum of understanding to integrate their domestic polyolefin (PO) operations into Prime Polymer, the …

Tariff rulings linger in court, but businesses are preparing for price hikes and supply chain disruptions anyway. US President Donald Trump suffered a setback in the courtroom at the end of August that could shake one of the highest-profile elements of his economic agenda. Earlier this year, Trump declared sweeping …

The technology adds as many problems as it solves. Artificial intelligence can be both a curse and a savior for corporate executives intent on protecting sensitive business and customer data from the onslaught of cyber risks bombarding today’s business world. AI systems can help multinationals shield themselves against attacks, offering …

BlackLine Systems is an enterprise software company that develops cloud-based solutions for the finance function. Patrick Villanova took over as CFO in March after nearly 10 years at the Nasdaq-listed company. He was previously lead audit senior manager at PwC. Global Finance: What has been the biggest challenge in your first …