Reuters Summits

Latin America gets ready for a reversal in capital flows

by Pablo Garibian, Chief Correspondent Spanish Language Service, and Krista Hughes, Chief Economics Correspondent

Latin America may well be an emerging markets darling, but worries are increasing about an abrupt reversal in foreign capital inflows and declining commodity prices hurting export revenues, according to officials, executives, investors and central bankers who spoke during the 2013 Reuters Latin American Investment Summit, an event that boasted more than 50 interviews from New York to Buenos Aires.

Mexico’s Finance minister Luis Videgaray told Reuters the country was preparing to withstand an exit of speculative capital which he said would come “eventually”, once the United States decided to slow its quantitative easing program. (more…)

Reuters Global Wealth Management Summit

wealth management

What’s ahead for some of the world’s largest banks and the wealth management industry, and what does it mean for investors? (more…)

2013 Reuters Cybersecurity Summit


Do you lie awake at night wondering, “Is is my bank account safe from cyber thieves?” Well, for cybersecurity professionals fear of the unknown also keeps them tossing and turning. Top U.S. policymakers and leading experts discussed the challenges they face in protecting the U.S. from cyber attacks at the recently held 2013 Reuters Cybersecurity Summit in Washington D.C.

Keith Alexander, the U.S. Army general who leads the National Security Agency, warned that “the greatest transfer of wealth in history” is underway through hacking and computer attacks. While Richard McFeely, a top FBI investigator, revealed efforts to engage banks in order to probe recent cyber attacks.   

Read more.

Reuters Latin America Investment Summit

REUTERS/Paulo Whitaker

After weathering the global financial crisis successfully, what are the risks and the opportunities of investing in Latin America today?

Latin America became the darling of the emerging markets after withstanding the global financial crisis and staying in better shape than the developed world, which is still struggling to get on its feet again.

Now the region faces the challenge of boosting its internal consumption amid declining revenues from its exports, and also dealing with a new wave of capital flows that could strengthen Latin American currencies and diminish the competitiveness of its exporting sector.

This year’s Reuters Latin America Investment Summit will tap interviews with high profile guests across the region, the United States and Europe, to discuss issues from spot events to the future of one of the most promising regions of the world.

Learn more about the Reuters Latin America Investment Summit (Spanish version & Portuguese version).

Click here for the 2013 Reuters Summits Calendar.

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Follow @Reuters_Summits on twitter.

2013 Reuters Cybersecurity Summit

Businesses, government agencies and critical infrastructure operators face unprecedented challenges in protecting themselves from increasingly sophisticated cyber attacks launched by criminals, hacker activists and foreign governments. To date these attacks have for the most part focused on financial crimes, intellectual property theft and disrupting network operations.

Experts and policymakers warn that critical infrastructure, including financial systems, are vulnerable to increasingly destructive viruses that have been identified over the past two years, such as Stuxnet and Shamoon which surfaced in the Middle East.

Reuters SummitsThe Obama Administration has asked Congress to give the government new authority to help protect critical infrastructure from cyber threats, yet lawmakers have yet to pass such legislation. Experts meanwhile warn that adversaries are looking to take advantage.

Some top U.S. policymakers will discuss the challenges they face in protecting the nation from cyber attacks during closed sessions at the 2013 Reuters Cybersecurity Summit, from May 13-15 in Washington. D.C. They will be joined by leading experts who will assess the threats faced by various industries and the government. (more…)

Reuters Africa Investment Summit discusses the future of business in Africa

More than 29 of sub-Saharan Africa’s most important politicians, CEOs and dealmakers spoke exclusively to Reuters during closed sessions in Johannesburg, Nairobi and Lagos last week for the annual Reuters Africa Investment Summit, giving our clients critical insight into one the world’s fastest growing regions and an increasingly important investment destination.

For a summary recap report of the 2013 Reuters Africa Investment Summit, click here. Highlights of the Summit included interviews with Zimbabwean Finance Minister Tendai Biti, South African Finance Minister Pravin Gordhan, Nigeria Central Bank Governor Lamido Sanusi, MTN Group CEO Sifiso Dabengwa, Standard Chartered Africa CEO Diana Layfield and more.

Zimbabwean Finance Minister BitiAfrica’s considerable opportunities and challenges were examined by African policy-makers and chief executives of companies operating in Africa, most who felt that although there are bumps in the road, the momentum is upward and investors will be rewarded if they stay the course. Few doubt that the Africa Rising narrative, which has grabbed the attention even of traditional skeptics, is based on solid fundamentals: growth outpacing most of the world, a rising young population of workers and consumers and global demand for the continent’s commodities. “I absolutely believe in a consistent upward trend,” said Diana Layfield, Chief Executive Officer for Africa of Standard Chartered, the London-listed bank which is investing $100 million in Africa to double its business in the next five years. But this bullish pitch for Africa, enthusiastically echoed by most participants at a Reuters Africa Investment Summit this week, comes accompanied with a caution that the continent remains a volatile, uneven and challenging place.

Some top stores from the Reuters Africa Investment Summit include: (more…)

First ever Reuters Global FX Summit

What are the issues and challenges facing the $5 trillion-a-day foreign exchange market, and what’s ahead?

Hold on, it’s going to be a bumpy ride! The currency crisis rages on in Europe with political uncertainty gripping Italy, the euro zone’s third largest economy. Investors are speculating which country will be the next to seek a bailout, leaving the region vulnerable to large capital outflows.

Reuters SummitThe Bank of Japan’s unprecedented stimulus plan announced in early April has raised concerns about “currency wars”, injecting the world’s largest and most liquid financial market with volatility. That has triggered a surge in currency volumes across all trading platforms.

Investors are also grappling with new regulations in Europe and the United States that are effectively changing forex trading practices while in Asia regulators are trying to inject more transparency in illiquid currency markets.

But there is some stable ground to be found. The issues and challenges facing the $5 trillion-a-day foreign exchange market will be explored at the first-ever Reuters Global FX Summit on April 22 2013, when, during closed sessions, reporters and editors in London, New York, Singapore, and Tokyo interview the industry’s top newsmakers and movers.  (more…)

Reuters Africa Investment Summit

REUTERS/Euroluftbild.de

After Africa’s rebound from the global economic crisis and the uprisings in North Africa, what are the risks and the opportunities of investing in the continent today?

Written off as a hopeless continent a little over a decade ago, Africa is now proving the pessimists wrong, as growing consumer spending and a rising middle class transform the region. The boom in several industries, particularly telecoms and banking, has drawn much attention from investors. But how sustainable is Africa’s rise? The world’s poorest continent still faces plenty of challenges: an over-reliance on commodity exports, woeful infrastructure and endemic corruption in many countries.

Africa’s considerable opportunities and challenges will be examined at the Reuters Africa Investment Summit on April 8-11, when during closed sessions Reuters reporters in Johannesburg, Nairobi and Lagos will be interviewing top newsmakers from across the continent. (more…)

Reuters hits new summit heights

By Mike Peacock, EMEA Economics Editor

Reuters’ Summit on the future of the euro zone created huge waves last week as Reuters exclusively interviewed an exceptional array of top policy makers and leaders over three days in Brussels, Paris, London, Madrid and Berlin. The roster of interviews with the finance ministers of France, Germany and Spain, European Commission President Jose Manuel Barroso and other leading names from Brussels and the ECB, came at a crucial time, with the Italian election disaster freshly minted and the banker bonus curbs agreed.

The Summit gave Reuters clients and readers an exclusive glimpse of Barroso’s reaction to Italy’s fractured election result, which has put fresh pressure on the euro zone and its austerity mantra. The stories from the Reuters Euro Zone Summit covered a wide range of other themes – from transatlantic trade and competition policy and Spain’s reforms to Cameron’s risky EU gamble, banker bonuses and France’s economic challenges. For a summary recap report of the Summit, click click here.

Among the many highlights were: (more…)

Insights from the Reuters Russia Investment Summit

By Tim Heritage, Bureau Chief, Russia, CIS and Central Europe

Twenty top-level speakers including policy makers, CEOs and oligarchs visited our offices in Moscow during the fifth Reuters Russia Investment Summit to speak on topics ranging from the state of Russia’s economy and the dangers facing Vladimir Putin, to the problems faced by those who are critical of the president. For a summary recap report of the Summit, click here.

Highlights of the Reuters Russia Investment Summit included: (more…)