This note provides an introduction to the financing terms and payment arrangements that support international trade. It describes the principal instruments of trade finance, the limited evidence on their relative use, and the international trade dispute resolution mechanisms that form the...

Miles Everson, a partner at PricewaterhouseCoopers (PwC), is the Global Engagement Partner (GEP) for a large U.S. financial institution and about to take over this role for a much larger global financial institution. The GEP role is a critical one at PwC. GEPs have responsibility for the firm's...

[Continuation of "A" and "B" cases.] Less than a month after the close of the merger between the Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses - and realizing the $180 million of annual cost savings that they...

[Continuation of "A" case.] Less than a month after the close of the merger between the Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses - and realizing the $180 million of annual cost savings that they had...

Less than a month after the close of the merger between the Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses - and realizing the $180 million of annual cost savings that they had promised Wall Street - were...

On September 23, 2008, in the midst of a historic crisis in the U.S. financial markets, Warren Buffet's Berkshire Hathaway invested $5 billion in Goldman Sachs. Goldman CEO Lloyd Blankfein said: 'We are pleased that given our longstanding relationship, Warren Buffett, arguably the world's most...

ITG CEO Robert Gasser wondered if the financial crisis had permanently affected the firm's business model. A leader in trade analytics and execution for institutional equity investors, ITG had grown since its establishment in 1987 in step with the dramatic rise in equity trading volumes. During...

SUBJECT AREAS: Bids, Board of directors, Capital markets, Corporate governance, Financial strategy, Mergers amp; Acquisitions, Takeovers, Valuation.MCI's board of directors is considering competing bids from Verizon and Qwest. Qwest, a smaller company with a weaker balance sheet, is offering...

SUBJECT AREAS: Behavioral finance, Convertible securities, Dividends, Equity capital, Financial strategy, Financing, Preferred stock, Telecommunications.Corning, with large investments in fiber optic technology, was hit particularly hard by the collapse of the telecommunications industry in...

SUBJECT AREAS: Banking, Capital markets, Capital structure, Convertible bonds, Financial strategy, Valuation.Howard Atkins, the chief financial officer of Wells Fargo, is considering issuing $3 billion in convertible debt. With an investment-grade credit rating, Wells Fargo is not the typical...