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Bank Transfer Signals Syria Is Making Strides in Ending Economic Isolation

The New York Times: Banking

The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community.

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Where Is the Economy Going? A ‘Monster Week’ of News Could Help Decide.

The New York Times: Banking

This week will bring a flood of economic data, as well as major policy decisions on trade and interest rates.

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FalconX expands digital asset offering into Latin America

The TRADE

Institutional digital asset prime broker FalconX has moved to expand into Latin America, as part of the firm’s drive to grow its global offering. Andre Portilho As part of the expansion, the firm now supports two of the region’s largest financial institutions, investment bank BTG Pactual and Brazilian cryptocurrency exchange Mercado Bitcoin, bringing (..)

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Why nature risk is the next frontier in financial risk management

Global Banking & Finance

By Sebastian Leape, CEO of Natcap Financial institutions have mastered climate risk assessment, they must now urgently expand their risk management capabilities to address nature risk (the financial exposure from degradation of ecosystems, biodiversity loss, and depletion of natural resources), which impact over $44 trillion in global economic value (..)

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The Perils of Customer Concentration in M&A

Focus Investment Banking

Buyers, and just importantly, the financial institutions that finance most acquisitions know this. The halting of the 737 Max production caused severe financial distress throughout the supply chain. A $150/bbl oil price (not a small probability) is highly recessionary, affecting air travel demand and airline economics.

M&A
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Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

No matter the economic climate, you can always bet on sports fans to show up for their favorite teams. This partially explains why sports investment banking has become a hot field, with JP Morgan and Goldman Sachs launching their own sports coverage groups. What is Sports Investment Banking? Can teams carry debt?

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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts

The New York Times: Banking

Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.