Finance

There were long faces in Brussels in early October when Czech parliamentary elections handed a victory to Andrej Babiš’s ANO party. And even longer ones a month later when Babiš, short of a majority, announced plans to form a coalition with the far right, pro-Russian SPD and the eccentric, libertarian …

In a historic appointment, Satsuki Katayama became Japan’s first female finance minister in October, taking the reins of the powerful portfolio at a moment of acute economic tension in the country.   A veteran bureaucrat and politician, she brings deep institutional knowledge. Katayama previously climbed the ranks of the Ministry …

Gökhan Gökçay, executive VP of Technology at Akbank, explains how his bank—named the World’s Best Consumer AI Bank—uses AI and partnerships to tailor service and secure data. Global Finance: What impact has Akbank’s AI-powered digital assistant had on customer loyalty, and how does it contribute to your 96% digital migration …

Smarter, Faster, More Efficient: AI brings innovation and greater accuracy to corporate and investment banking. Best Trade Finance Arab Bank Best Payments Banco de Brasil (via Capgemini) Best Risk Management Arab Bank Best Fintech Bank of East Asia Best Security Services Citi Best Fintech Smart Stream Artificial intelligence, GenAI, and …

The Rise Of Intelligent Banking: Internally and externally, AI is transforming global banking. The effort is paying off in streamlined operations, personalized advice, and greater client trust. World’s Best AI Bank DBS Bank Best Corporate/Institutional AI Bank DBS Bank Best Consumer AI Bank AkBank Best Investment AI Bank Citi Artificial …

This year is on course to become one of the worst years of this century for job cuts, comparable only to the Great Financial Crisis of 2008 and 2009 and the year of the pandemic, 2020. Corporations are primarily attributing hundreds of thousands of recently announced layoffs to higher operating …

In banking as in other industries, AI is rapidly becoming a core business driver. The biggest gains will come from a foundational rethink of operations, not marginal improvements. The financial sector is undergoing a profound transformation, powered by AI. Banks’ strategic integration of AI is moving beyond simple efficiency gains …

Continued conflicts prevent the central African nation from fully exploiting its natural riches. The Democratic Republic of Congo (DRC) has been ravaged by what is aptly described as a “forgotten war” spanning more than three decades. In June, US President Donald Trump decided it was time to silence the guns. …

Artificial intelligence is transforming the banking industry, streamlining operations, improving risk management, and enhancing the customer experience. Banks are leveraging this burgeoning tech to automate routine tasks, analyze complex data, detect fraud, and deliver personalized financial advice—all with greater speed and accuracy. For consumers, this translates to more efficient services, …

In mid-November, the Hong Kong government priced an approximately HK$10 billion ($1.3 billion) tokenized green bond offering. It is the first global government issuance to permit settlement via digital fiat currencies and one of the largest digital bonds issued globally. The Hong Kong Monetary Authority, the territory’s de facto central …