With employees working from home, banks and other financial institutions have become more vulnerable to cyber attacks. So what can they do to mitigate the risks associated with the ‘new normal’?
UK fintech TransferWise rocketed to a US$5bn valuation this summer when it completed a second share sale, as the Covid-19 crisis puts the spotlight on the ability to send currency quickly and easily across borders.
John Lloyd is a financial markets fintech veteran, leading global marketing at foreign exchange trading platform Traiana, which was sold to ICAP for US$247mn over a decade ago. Now, personal tragedy and a keen desire to help others has seen him move away from finance and into education technology with the child-focused digital community platform GoBubble.
The IMF recently revised its economic projections for the Middle East and Central Asia, anticipating that the hit will be greater than initially thought. So where are the pain points and where are the region’s best chances for recovery?
The total economic cost of the coronavirus pandemic will take years to be fully realised, but one multi-industry spanning sector that acutely felt the effects is global trade. With trade volumes expected to see a double-digit percentage decline by the end of the year, numerous industries have taken a big revenue hit and will need ample access to finance to survive.
The European Commission is ramping up towards a €750bn Covid-19 recovery programme, effectively creating a huge new borrower in Europe’s sovereign, supranational and agency bond market.
Azerbaijani chemical company Socar Polymer printed a market-record size dollar bond on the domestic market over the summer, with bankers on the ground in the country now looking to attract international money.