In January, 2015, AIG won four awards
at Global Finance's 2015 World's Best Global Insurers awards.
The day I spoke with her, El Haité had come to offer some words of inspiration
at the Global Finance Action Summit, a gathering of climate finance experts and activists from different sectors.
Lough was keynote speaker for a lively crowd
at Global Finance's second annual Private Bank Awards dinner, at the Harvard Club on February 7.
TRADING IN THE GREEN By Udayan Gupta
At Global Finance's monthly Salon, Izzet Bensusan, executive director of renewable - energy investment boutique Karbone, discussed the market dynamics, financing and investment oppor - tunities for alternative energy.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of
global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of
global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to
finance the purchase price for our announced acquisition of Asco on favorable terms or
at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier
financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
According to the Institute of International
Finance (IIF),
global debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding debt
at $ US237 trillion, the highest level on record.
«
At the same time, there are clear downside risks: political uncertainty, including in Europe; the sword of protectionism hanging over
global trade; and tighter
global financial conditions that could trigger disruptive capital outflows from emerging and developing economies,» the former French
finance minister said.
The San Francisco Bay Area, recognized as a
global hub of tech
finance and innovation, may be
at risk of losing top tech workers if they can't afford to live there, even on six - figure salaries.
In the period leading up to the 2008
global recession, KingFisher established a war chest that allowed it not only to ride out the downturn but also
finance its subsequent purchase of two Washington - based manufacturers: Renaissance Marine Group and Hells Canyon Marine (KingFisher also employs approximately 200 people
at its U.S. facility).
In August 2013, his overall responsibilities
at ST encompass, in addition to
Finance and Control, Central Operational Planning,
Global Procurement, Legal, Intellectual Property, Compliance, Information and Communication Technology, Investor Relations, and Public Affairs in Italy.
Berners - Lee's comments came
at a
Global Finance Summit on Monday, according to a TechWorld report.
While additive - free, non-GMO, organic brands are killing it
at specialty - foods stores, these innovative companies often lack the
financing, marketing muscle and
global distribution to go head to head with traditional brands in supermarkets.
Dr. Ryan J. Orr is executive director
at Stanford University's Collaboratory for Research on
Global Projects and teaches classes on
Global Project
Finance and Infrastructure Investment to law, business, and engineering graduate students.
At US urging, and with backing from Britain, France and Germany, a
global financial watchdog, the Financial Action Task Force (FATF), last month decided to place Pakistan back on its watchlist of countries with inadequate terrorist -
financing controls, potentially hurting Pakistan's fragile economy.
Finance ministers and central bankers were inept
at saving the
global economy during normal working hours.
Olivia S. Mitchell is a professor of business economics / policy and insurance / risk management
at the Wharton School of the University of Pennsylvania, where she focuses on
global pensions, household
finance, retirement, and risk management.
He earned these accolades by guiding the country through the worst of the recession, building a reputation as an expert on complex financial reform, and snagging the top spot
at the Financial Stability Board, an international body crafting new policies for
global finance.
I am focusing
at the corporate
finance level, and I am guessing GMO is looking
at the
global financial industry.
CIBC World Markets was named the «Best Bank in Securitization in Asia» by
Global Finance Magazine
at a ceremony held
at the IMF / World Bank meeting in Washington.
Jason joined NEP in 2006 after working
at Credit Suisse First Boston (CSFB) in their
global industrial & services group where he participated in the origination and day - to - day execution of various investment banking transactions, including acquisitions and divestitures, public equity and debt
financings, and private placements.
Previously, Stephen served as a Software Engineer of
Global Equities and Derivatives Division
at Deutsche Bank and as a Software Engineer for six years across the
finance, telecommunications and electronics industries.
Top bankers from around the world gathered to accept their
Global Finance awards for treasury & cash management, securities services, and foreign exchange services
at our event
at Sibos in Toronto.
Japanese
Finance Minister Taro Aso said earlier on Tuesday that the accounting irregularities
at Toshiba were «very regrettable», coming
at a time when Prime Minister Shinzo Abe is trying to regain
global investors» confidence with better corporate governance guidelines.
Kagan, a research division within S&P
Global Market Intelligence, will host the 35th Annual TV & Radio
Finance Summit
at the Grand Hyatt in New York on June 14th.
Tim Baker,
Global Head of Content Strategy
at Thomson Reuters, reminded all that angel and venture
financing is relatively small - only about $ 25 billion a year.
In his meeting with provincial
finance ministers on possible reforms to the Canada Pension Plan (CPP) in December, Minister Flaherty indicated that
global economic growth was too uncertain and that the domestic economy was too fragile to consider structural changes to the CPP
at this time.
A focus on current accounts in the analysis of cross-border capital flows diverts attention away from the
global financing patterns that are
at the core of financial fragility.
Thomas Gass, assistant secretary - general for policy coordination and interagency affairs in the Department of Economic and Social Affairs
at the United Nations, talked with
Global Finance about the UN's new Sustainable Development Goals and how the private sector can help.
Until we understand this do not expect the
global crisis to end anytime soon, except perhaps temporarily with a new surge in credit - fueled consumption in the US (which will cause the trade deficit to worsen) and more wasted investment in China (which, because it is
financed with cheap debt, which comes
at the expense of the household sector, may simply increase investment
at the expense of consumption).
Bart van Ark, chief economist
at The Conference Board, visited
Global Finance to discuss the state of the global economy and the outlook for 2018 and b
Global Finance to discuss the state of the
global economy and the outlook for 2018 and b
global economy and the outlook for 2018 and beyond.
Myriam Fernandez de Heredia is Managing Director and Lead Analytical Manager for Sovereigns and International Public
finance in Europe and West Africa
at S&P
Global Ratings.
Prior to Bullhorn, Brian was Corporate Controller
at Pegasystems, a
global provider of business process management software where he scaled the
finance organization during a period of 2.5 x revenue growth.
GOING DOMESTIC By Vanessa Drucker
Global Finance sat down with Conrad Saldanha, portfolio manager, emerging markets equities, at asset management firm Neuberger Berman, to discuss the future prospects for global emerging ma
Global Finance sat down with Conrad Saldanha, portfolio manager, emerging markets equities,
at asset management firm Neuberger Berman, to discuss the future prospects for
global emerging ma
global emerging markets.
In 2009, when we first launched the
Global Sustainable
Finance group
at the firm, the market for sustainable investing was just under $ 3 trillion in the U.S. Today, those numbers have almost tripled, jumping to nearly $ 9 trillion in the U.S. — and $ 23 trillion globally.
Ad van der Poel, senior vice president,
financing services at Basware, winner of Global Finance's 2017 award for Best Web - Based Supply - Chain Financing Solution, explains how data aids collaboration, transparency and financial
financing services
at Basware, winner of
Global Finance's 2017 award for Best Web - Based Supply - Chain
Financing Solution, explains how data aids collaboration, transparency and financial
Financing Solution, explains how data aids collaboration, transparency and financial agility.
Global Salon
Global Finance sat down with Ommeed Sathe, vice president and head of impact investing
at Newark, New Jersey - based insurer Prudential Financial, to discuss how corporate social responsibility and profitable investing can go hand in hand.
Since then, professional services firm Deloitte has committed to shift from SAP's R / 3 to S / 4HANA as it looks to bring consistent
finance processes to all staff
at the
global organisation.
Speaking
at the IFC's 12th annual
Global Private Equity Conference in Washington, DC, held in association with the Emerging Markets Private Equity Association (EMPEA), IFC executive vice president and CEO Lars Thunell said developing countries were proving more attractive than ever to private equity investors (see Corporate
Finance News, page 83).
Last month, he gave a guest lecture
at Harvard Law School outlining the six major developments he sees transforming
global finance.
Seamus also worked as a portfolio manager
at Bluecrest Capital and previously co-headed the
global finance group for Deutsche Bank in Japan.
After spending the last 15 + years
at leading consumer
finance (and payment) companies such as American Express, MasterCard, and most recently PayPal, I came to understand
global payment ecosystems intimately.
The time has come for those in
global business to look
at how Bitcoin and other cryptocurrencies will affect international trade
finance.
Yesterday, Reuters reported that a recent letter from the Financial Stability Board's (FSB) chairman, Mark Carney, to the G20
finance ministers and central bankers echoed Buch's sentiments: «The FSB initial assessment is that crypto - assets do not pose risks to
global financial stability
at this time.»
If you will be
at Money2020, please join my session today where I'll dive into the pillars of Abra's vision for the future of bitcoin as the basis for digital banking, namely: payments,
global investing, and asset
finance.
The Commonwealth Bank of Australia and a consortium of nine banks that include the Royal Bank of Scotland and Barclays are also looking
at bitcoin technologies for driving
global finances and for creating a secured online payment service.
Jason Karaian is
global finance and economics editor
at Quartz, based in London.
Greenlaw D, J Hatzius, AK Kashyap and HS Shin (2008), «Leveraged Losses: Lessons from the Mortgage Market Meltdown», paper presented
at the US Monetary Policy Forum, conference is co-sponsored by the Initiative on
Global Markets
at the University of Chicago Graduate School of Business and the Rosenberg Institute for
Global Finance at the Brandeis International Business School, New York, 29 February.
He retired in November, 1999 from his role as managing director;
Global Head of Securitization and Structured
Finance at BMO Nesbitt Burns Inc..
ABF Journal caught up with the newly - appointed leadership team
at Wells Fargo Capital
Finance to discuss their plans for the recently realigned Corporate
Finance, Industries and
Global Capital Solutions groups.
«He loves winning, and he loves money — but it's just a scorecard to show he's recognised value and won,» says
finance billionaire Leon Black, Icahn's investment banker
at Drexel Burnham Lambert in the 1980s before co-founding private equity giant Apollo
Global Management.