In the popular imagination, international banking is most commonly associated with secretive Swiss accounts and offshore holdings. In reality, international banking is primarily concerned with the same transactions available at your local branch; it is separated by experience with the complexities of international business and investment, and how they can best be navigated for the convenience and fiscal benefit of clients. The benefits of international banking include the ability to invest in the economies of developing countries, the protection of capital from certain types of litigation, and less extreme interest rate fluctuation. International banks also offer a number of financial services that help to facilitate global trade, including letters of credit. Choosing an international bank will involve a number of criteria, from the economic and political stability of its country of origin to the quality of its investment portfolio, to basic customer service. As the Federal Deposit Insurance Corporation (FDIC) does not insure foreign banks, these considerations are especially important to U.S. firms wishing to bank abroad.
How the ICC Plans to Restructure Global Trade Finance for a More Sustainable Global Economy
One of the most enduring effects of the COVID pandemic has been the disruption of the global supply chain. Micro,… Read More
Anti-Manipulation or Currency Alignment?
The Trump administration has indicated that it is seeking a currency provision in a revised NAFTA agreement. In itself, this… Read More
Global Economy to Edge Up 3.1 percent in 2018
The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017,… Read More
UniCredit Rolls Out Crossborder Instant Payments Solution
UniCredit has launched its instant payments solution in Italy and Germany. Immediately after the European instant payments infrastructure was officially in… Read More
China Easing Limits on Foreign Ownership in Financial Firms
In November, the Chinese government announced plans to relax or eliminate caps on foreign ownership in Chinese financial institutions. China’s… Read More
Blockchain Technology Demonstrated in Crossborder Operations
A group of Japanese companies are starting a demonstration to verify the applicability of blockchain technology as a way to… Read More
US Needs a Fully Committed and Operational Export-Import Bank
The United States Export-Import Bank provides loan financing and insurance to foreign buyers of US products, for over 80 years… Read More
Global Logistics Planning Guide: SUPPLY CHAIN AND DEMAND
Andrew Legge has found a unique niche as founder and managing partner of Havelock Wool, a three-year-old, seven-employee business that… Read More
Bankers Without Borders
Growing restrictions imposed on foreign banks operating in developing countries since the 2007-2009 global financial crisis are hampering better growth… Read More
Shipping Bonds Issues Momentum Continues
A growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital… Read More
Foreign Exchange Impact on Companies on the Rise
In an up-tick from the trend of decreasing volatility and negative foreign exchange impacts over the previous five quarters, the… Read More
WATCH: China’s $1 Trillion in US Debt: What’s the Risk?
Worries over China’s ownership of United States debt stems from a misunderstanding of sovereign debt, according to export Scott Miller…. Read More
« Previous 1 2 3 4 5 6 … 13 Next »