The banking industry is not only one of the cornerstones of the global economy, it is firmly entrenched in nearly every aspect of our professional and personal lives. The financial transactions that constitute banking have been around for hundreds of years, contributing to the somewhat lackluster reputation of the industry. In recent years, however, deregulation and technological developments have brought notable changes that will help banks meet 21st century challenges in variable economic times. As other types of companies enter the financial services business, banks have also improved and expanded their suite of products and solutions to maintain their market share. The role of government, more prominent in banking than perhaps any other type of business, will continue to be critical in shaping the industry’s future.
Retail Banking Market Set to Reach $3.15 Tillion by 2032 with High Growth in Large Bank Segment
The retail banking market will witness over 5% CAGR between 2023 and 2032, propelled by surging deals and sales, enticing… Read More
Lack of EXIM Financing Forces GE’s Hand
Industrial multi-national General Electric Co. has said it will move 500 U.S. power turbine manufacturing jobs to Europe and China…. Read More
Euler Hermes Launches Energy Trade Credit Group
The North American energy sector‘s volatility coupled with stricter banking regulations have made it increasingly difficult for energy companies to… Read More
China’s Currency Devaluation: A Manufacturing Perspective
Beijing’s dramatic devaluation of the Renminbi yesterday changes things for companies using contract manufacturers in China. That’s the assessment of… Read More
China’s Currency Devaluation: Short-Term Fix or Long-Term Reform?
The Center for Strategic and International Studies provided Global Trade with the following Q&A on China’s currency situation, with Scott… Read More
GE Could Join Boeing in Moving Production Overseas If EXIM Dies
Global conglomerate General Electric is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export Import Bank… Read More
Risky Business
In the early 1990s, Salt Lake City-based Utah Metal Works dropped its trade credit insurance policy and began to self… Read More
Time To Collect
When Deborah Walliser started her San Francisco company, Got Produce? Franchising Inc., she didn’t expect collections to be a big… Read More
Boeing Could Be Going, Going…Offshore?
The Boeing Company is reportedly seeking alternate financing for a multi-million dollar satellite contract that was scrubbed by privately held… Read More
FirstMerit Signs Strategic Partnership With International Trade Administration
FirstMerit Corporation signed a strategic partnership agreement with the U.S. Department of Commerce – International Trade Administration last week. As… Read More
U.S. Senate Votes to Reauthorize Export-Import Bank
The U.S. Senate voted overwhelmingly yesterday to revive the Export-Import Bank, approving an amendment from Sen. Mark Kirk (R-Ill.) to… Read More
Despite Major Cracks, BRICS Development Bank to Become Operational Next Year
A new development bank first proposed two years ago by the BRICS nations — Brazil, Russia, India, China and South… Read More
« Previous 1 … 14 15 16 17 Next »