WorldCom’s accounting scandal is a riches-to-rags story. Until its demise in mid-2002, WorldCom was regarded as the second-largest long-distance US telecommunications company. Although changing market ...

Some companies define their space, and for decades, this was true of Thomas Cook, the world’s oldest travel firm. Longevity was not enough to save it, as it succumbed to mounting debt and pressure ...

What does satellite imagery have to do with hedge funds? The more information the better when it comes to making an investment decision, which is why some investors are resorting to alternative data ...

Inspired by a wave of disruptive digital innovation, the last decade has witnessed perhaps the most rapid evolutionary change ever within the global banking system. Thanks mostly to a combination of ...

Enron Corp., once a top American energy-trading company, became a case study in corporate-accounting chicanery and filed for bankruptcy in 2001. The corporation’s troubles started with the ...

The US dollar is the world’s reserve currency, the representation of US economic might on the global stage and the de facto currency unit for the overwhelming majority of financial assets. Throughout ...

Panic buying is as much a reality on stock exchanges as panic selling, especially when investors short sell stocks that have experienced unexpected supply squeezes and price jumps. Porsche’s 2008 ...

Vietnam’s reputation as a financial-technology centre is growing, with financial-services heavyweights in other countries partnering with Vietnamese fintechs to chart new growth areas. While ...

Financial institutions operate under a growing regulatory regime, and compliance requires huge investments of human and financial resources. Generative AI helps banks automate the internal processes ...