Cyber crime is a critical issue for global transaction services, with banks and their clients increasingly under attack. As cyber criminals evolve ever more sophisticated techniques, banks have a new tool in their arsenal: information sharing. But just how successful is it?
The International Monetary Fund is being called into question amid fears that it is short of the necessary resources to temper the eurozone crisis and accusations that the historically Eurocentric organisation is not reforming its voting system fast enough to embrace emerging economies.
Hit hard during the financial crisis, the Romanian government was the first in the EU to successfully complete an International Monetary Fund loan programme, without even needing to draw the whole loan. Secretary of state for finance Bogdan Dragoi explains his government’s strategy.
Ghana’s banks have benefited from a booming economy over the past 18 months, but they may have to start adapting to lower interest rates by expanding their capital markets services and offering more sophisticated products – or risk being bought out in a wave of consolidation.