Member Views

Mnuchin must not be shortsighted when deciding on IMF funding

Treasury Secretary Mnuchin is testifying Tuesday afternoon on the international financial system. He is expected to present his position on funding for the International Monetary Fund (IMF). 

Mind the Gap

Latin America’s Covid-19 crisis demands a more ambitious response from governments and the international community.

Michael McRaith

This week, we welcome our newest member, Michael McRaith, vice chair of insurance solutions at Brookfield. In this role, he participates in all aspects of Brookfield’s global insurance operations.
 

Memo to Congress on why the United States should better Support International Financial Institutions

Background: US foreign affairs programs underpin US soft (nonmilitary) power, which is in decline as these programs have been underfunded. In FY2020, the United States spent $57 billion on international programs, activities, and institutions.

MDBs to the Rescue? The Evidence on COVID-19 Response

The world is now more than a year into the second global crisis of the century. Both the current pandemic and the Global Financial Crisis (GFC) more than 10 years ago tested the capacity of international financial institutions to respond with speed and scale.

MDBs Loans: a New Asset Class Collateralized Loan Obligations

Multilateral Development Bank balance sheet management with structured financings is still in its infancy but a number of path-breaking deals show the way. Two are by the African Development Bank (AfDB) and one by  International Finance Corporation (IFC) though there have also been some others. These  MDB transactions involve about $13 billion in public and private sector MDB loans. The two from the African Development Bank are both synthetic.

Maybank Singapore

BWC welcomes our new organizational member Maybank Singapore. Singapore is one of Maybank's largest overseas operations. It's staffed by over 2,000 employees. They offer retail, private wealth, and small and medium-sized enterprise banking services; and their Singapore branch operates the Global Banking business to cater to the banking needs of corporate and institutional clients.

Their engagement with the Committee will be led by Chandran Dharmarajan, Head of Brand and Communications. We appreciate their support for our mission, and we look forward to their engagement!

Markets face investment shakeup

In the first half of the year, emerging market debt and equity asset classes were up in benchmark indices.

Markets are Too Complacent About Coronavirus Despite Sell-off

Investors are deluding themselves about how severe the coronavirus outbreak will be. Despite this week’s big sell-off in equity markets, the worst is yet to come. Until this week, the market reaction to the virus had been mild — after a dip in late January, US and global equities rallied to new highs. This complacency was based on a number of flawed assumptions.

Mark Evans

BWC would like to welcome new member Mark Evans, ANZ Country Head Singapore and Head of South East Asia, India & Middle East.

Mark was appointed Country Head, Singapore in May 2022 with additional responsibility for South East Asia economies, including Indonesia, India, Malaysia, Philippines and UAE. As Country Head, Singapore, Mark is responsible for the overall business of ANZ Singapore across the Institutional, Corporate and Markets segments, and for driving connectivity between Singapore, ANZ's home markets of Australia and New Zealand and our international network.