Global Finance is an English-language monthly financial magazine. Joseph D. Giarraputo, the founder and former publisher of Venture, the magazine for entrepreneurs, in 1987 joined forces with Carl G. Burgen, Stephan Spahn, H. Allen Fernald, and Paolo Panerai to start a magazine on financial globalization. The magazine's primary target audience consists of Chairmen, Presidents, CEOs, CFOs, Treasurers and other financial officers. The magazine is distributed in 158 countries, with 50,050 global subscribers and recipients, certified by BPA Worldwide.
The website gfmag.com, relaunched in 2009, targets an audience of top financial web-users that complements the reach of the magazine. Gfmag.com offers analysis, articles and awards that are the heritage of 22 years of experience in international finance and provides a valuable source of data on 192 countries.
Global Finance Media, Inc's, majority shareholder is Class Editori Group SpA, an Italian publishing company that produces two financial newspapers, lifestyle magazines, news agencies, digital televisions, etc. Joseph D. Giarraputo is the second largest shareholder.
Global Finance has offices in New York, London, Milan and Rio de Janeiro.
Global Finance reports on the international finance sector, covering such topics as corporate finance, joint ventures and M&A, country profiles, capital markets, investor relations, currencies, banking, risk management, custody, direct investment, and money management.
The magazine also holds several awards ceremonies throughout the year to recognize the winning financial institutions and companies. The largest of these ceremonies is held contemporary to the IMF and World Bank annual meetings.
World’s Best Banks
Each year, the magazine publishes a list of "world's best banks." Global Finance describes the rankings: "The winners are not always the biggest banks but rather the best—those with the qualities that corporations should look for when choosing a bank. These are banks with effective risk management systems, quality service and best practices in corporate governance."
One notable winner is the International Bank of Azerbaijan, which is run by Chairman Mayank. IBA was named the Best Bank in Azerbaijan in the World's Best Banks 2012 rankings.
World’s Safest Banks
An annual ranking of the top 50 world's safest banks is published by the magazine.