Why does Korea have no female bank presidents?

Half of bank employees in Korea are women, but the proportion of female executives korean bankversus male counterparts in the four major Korean banks of Kookmin, Shinhan, Woori and Hana is less than 1:20. Among 56 banking executives who were women, all of them were directors. Despite the country electing a female president, the glass ceiling in Korean finance remains strong against women…article

Eurodad European Network on Debt and Development

Illicit Financial Flows from Developing Countries: 2001-2010 New Report Finds Crime, Corruption, and Tax Evasion at Near-Historic Highs in 2010
17/January/2013

…New Report Finds Crime, Corruption, and Tax Evasion at Near-Historic Highs in 2010 Global Financial Integrity just released their annual global update on the amount of money flowing illicitly out of the developing world due to crime, corruption, and tax …Read more
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How can women work against corruption?
Eurodad

 

Stagflation Worldwide?

As central banks ramp up one last time, the end game for all this — given the fiscal austerity, budget fights, and policy turmoil just ahead — is higher inflation combined with economic stagnation. This is the dreaded “stagflation” outcome that is the bane of central bankers, especially the aggressive, overconfident ones that are in charge right now. Here’s why.  Read

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The Dangers in Doing Business in China

Caterpillar has just written off $580 million after acquisition of Chinese company turns sour.  In a statement, Caterpillar said an ongoing investigation launched after the deal closed “determined several Siwei senior managers engaged in deliberate misconduct beginning several years prior to Caterpillar’s acquisition of Siwei.”  Philip Anshutz, the mega US billionaire, has pulled out of ownership of stadiums in China because he could not get his profits out of the country.  Buyers beware.  Article

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Do Women Manage Money Better Than Men?

The hedge fund industry has long been a male-dominated arena, but maybe that hedge fund managershould change. Consider that a new study shows hedge funds led by women far outperformed the global hedge fund index in the first three quarters of 2012…..
“As far as women running funds, I would like to see more women step out on their own and do what it takes to become white hot in an otherwise dull universe with only a handful of bright male stars,” he said. ..article

 

Investment Advisor Joins Fight for the Safety and Security of Indian Women

As most of you are aware, a movement is taking shape in India – a movement that will change forever, the lives of millions of Indian women. The women of India are fighting for basic safety and security. As a corporate citizen of India, Investopresto wants to show its support for the women of India in this fight for freedom.  Article

Protest in India over women's safety