Summit Notebook

CFTC’s Gensler explains the present with the past

April 26, 2010

Gary Gensler, chairman of the Commodity Futures Trading Commission, likes to go to the past — sometimes as far back as 1,000 years — to explain the financial situations of today.

Reuters set to spotlight financial regulation in DC

April 23, 2010

FINANCIAL-REGULATION/OBAMA
The fight over new rules that will dramatically change Wall Street and financial markets is approaching the finish line in Washington, with both lawmakers and the financial industry making last-ditch efforts to put their stamp on the reform effort. Reuters will be hearing from the key players in the debate on April 26-29 during the 2010 Global Financial Regulation Summit.

Reuters set to spotlight financial regulation in DC

April 23, 2010

FINANCIAL-REGULATION/OBAMA
The fight over new rules that will dramatically change Wall Street and financial markets is approaching the finish line in Washington, with both lawmakers and the financial industry making last-ditch efforts to put their stamp on the reform effort. Reuters will be hearing from the key players in the debate on April 26-29 during the 2010 Reuters Global Financial Regulation Summit.

Reuters set to spotlight financial regulation in DC

April 23, 2010

FINANCIAL-REGULATION/OBAMA
The fight over new rules that will dramatically change Wall Street and financial markets is approaching the finish line in Washington, with both lawmakers and the financial industry making last-ditch efforts to put their stamp on the reform effort. Reuters will be hearing from the key players in the debate on April 26-29 during the 2010 Reuters Global Financial Regulation Summit.

Islamic Banking & Finance to attract new attention in 2010

February 12, 2010

Islamic banking is one of the world’s fastest growing financial sectors, according to industry estimates. It has attracted more attention in the aftermath of the global financial crisis as investors are increasingly looking for alternative, ethical ways of investing. This has also intensified a debate within the industry on whether it should move further away from conventional banking, designing products based more directly on Islamic principles.

Electronic Arts CEO straightens mom out at Thanksgiving

December 1, 2009

Restructuring: You shouldn’t be afraid to do it, even more than once if you have to, and even if your own family doesn’t understand it. Just ask John Riccitiello, chief executive of videogame publisher Electronic Arts. Here’s what he said at the Reuters Global Media Summit on Tuesday:

The Nowotny-shaped recovery

September 28, 2009

 

By Petra Spescha

 

European economists have been nearly unanimous about what Europe’s recovery from the crisis will look like on a chart: L-shaped — a severe slump with a prolonged period of flat or minimal improvements in the economy.

Emerging Europe – what’s next?

September 25, 2009

 

Reuters Central European Investment Summit, September 28-30, 2009

 

The former Communist countries of central Europe have been the last to be hit by the global economic crisis, but th e hit they took was among the hardest. Only big neighbour Russia’s deep plunge into recession is rivaling the sharp fall from record economic growth that’s in store this year for the economies between the former Soviet Union and Western Europe.

Moscow: The least worst place for your money

September 14, 2009

   Russian investment bank Renaissance Capital was a big backer of Moscow’s ambition to become a major emerging-markets financial centre, a bridge between European and Asian capital, a rival to Dubai.

Rollercoaster ride may be over, Ortiz says

May 8, 2009

                                          But we still have the bumper cars…
   Mexico’s central bank Gov. Guillermo Ortiz thinks the world economic crisis is probably past the worst but warned growth in the third quarter could contract on an annual basis.
    Speaking at the Reuters Latin American Investment Summit, Ortiz — who also fronts the Bank for International Settlements — said there is a growing sensation that the crisis may have bottomed. Inflation in Mexico is likely to decline, helped by lower demand and the peso stopping its free fall against the dollar. 
 Two types of market interventions since October, where the government sold dollars to ease pressure on the exchange rate, have managed to pull back the peso to levels of just above 13 per greenback, a gain of about 19 percent from its March all-time low.
    Ortiz also said the central bank is touching base with key market players to evaluate if a second auction of short-term dollar credits, aimed at triggering lending to companies once again, is needed.