After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections - presidential and/or legislative - and in economic terms, with risks mounting on a still slowing global economy.
At the end of November, Xavier Durand, CEO of Coface, gave a comprehensive interview to the newspaper L'Agefi.
In this first part, he explains the consequences of conflicts around the world for companies, and what this means for Coface.
Coface Announces Lars Wallin as Head of Banks and Financial Institutions in the North America Region12/05/2023
Coface announced today the appointment of Lars Wallin as Head of Banks and Financial Institutions for the North America Region (NAR). Lars joins the Coface team to oversee the rapidly growing banking and financial institution segment which has found increasing value in Coface’s customizable trade credit insurance and business information offerings.
As we enter the fourth quarter for 2023, its time to look back on our economic bingo card to see what predictions delivered and what surprises stole our attention. At the start the year, Coface North America Economist Ruben Nizard outlined a trajectory for the region. Among the forecast included easing inflation and a U.S. economy avoiding recession despite mounting challenges.