May 16, 2023 · 1.5K. By Valerie Hernandez, International Banker. O n May 12, Argentina’s official statistics agency confirmed that prices had surged by a mammoth 108.8 percent year-on-year in April, having already posted 104.3 percent in March and 102.5 percent in February. The last time the South American country posted such sky-high rates was back in 1991 when it was mired in a period of hyperinflation ...

Dec 6, 2024 · 162. By Monica Johnson, International Banker. O n July 31, the Canadian biotechnology firm AbCellera, specialising in artificial intelligence (AI)-powered antibody drug solutions, announced that it had expanded its existing collaboration with Eli Lilly and Company “to discover therapeutic antibodies for programs in immunology, cardiovascular disease, and …

Dec 6, 2024 · 166. By Tom Bull, UK FinTech Growth Leader, EY. U nlocking the value of open finance will ultimately come down to how newly accessible data is used; for many banks, this will require a whole new approach.. Open banking is transforming financial systems internationally. Allowing consumers and businesses to share their bank-account data securely with other institutions and authorise direct ...

Oct 8, 2024 · GenAI’s potential for metamorphosing operations has captured the attention of banks worldwide. While still new, the technology is already upgrading processes in three key areas: research, risk assessment and compliance. As banks increasingly embrace GenAI’s advantages, they must plan carefully and ensure necessary governance is in place.

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Jul 18, 2024 · 1.1K. By Hilary Schmidt, International Banker. I n mid-July, the price of soybean futures contracts dipped below $11 per bushel for the first time since November 2020, as the U.S. Department of Agriculture (USDA) and other major analysts reported more favourable than expected supply conditions for the global market, as well as weak export demand. With the soybean market extending its long-term ...

Aug 15, 2024 · 1.3K. By Alexander Jones, International Banker. O n May 17, the price of silver topped $30 per ounce for the first time in more than a decade as expectations grew that the Federal Reserve (the Fed) would lower its benchmark US interest rate soon, and geopolitical tensions globally drove safe-haven demand for the precious metal. With the market widely tipped to experience a fourth straight year ...

Mar 6, 2024 · 775. By Sean Coyne, Solutions Consulting Principal, Treasury & Capital Markets, Finastra. A fter being awash with liquidity over the last decade, 2023 proved to be a tumultuous year for banks. Banking failures on both sides of the Atlantic Ocean have renewed focus on asset and liability management (ALM), bringing an often-overlooked discipline into the spotlight again.

Nov 28, 2024 · 490. By Dr. Muhammad Zubair Mughal, CEO, AlHuda Centre of Islamic Banking & Economics (CIBE). I slamic finance, established in the 1960s, has gained global traction due to its universal ethical principles. It has been widely embraced even in the United States, thanks to favorable environments and political backing. The country, known for its financial innovation and economic prowess, has seen ...

Mar 18, 2024 · 794. By Maurice Benisty, Chief Commercial Officer (CCO), Demica. A midst ongoing high interest rates and geopolitical flux, banks worldwide are building out evolving strategies in supply-chain finance as they play their parts in shaping a resilient global economy.. As we continue into 2024, I foresee continued growth as our industry adjusts to a structurally higher interest-rate environment.