Western Europe

Cash borrowers want forward-looking reference rates to transition to after Libor and the market is struggling to come up with them.

US-dominated investors make it harder for good banks to shine through.

Benchmark reform may have received a lukewarm welcome from corporates, but treasurers would be well advised to quantify their Libor exposures to avoid nasty surprises during the transition to alternative overnight risk-free rates.

The central bank’s new ideas for how to modernize Britain’s financial system could eat into banks’ revenues, while helping them cut costs. For the wider economy, Brexit will still smother the intended fillip to small-business exporters.

The scourge of short termism.

Lead by example.

Europe can build a more integrated system.

The father of international finance in the 1960s.

Crossing bridges before you come to them.

For Euromoney's 50th anniversary issue, we picked out the six individual bankers that we believe define each of the decades of Euromoney’s existence. They are all giants of the industry. Their names transcend it.

Trade finance is gaining momentum as a securitized asset class – the resultant increased liquidity may offer corporates access to trade finance much more easily and quickly, especially as digital solutions streamline the process. Will SMEs, which have traditionally found it harder to access the market, be able to reap the benefits as well?

Everyone wants to buy green bonds but many issuers, concerned about cost and complexity, don’t want to sell them. Non-green issuers could be all too ready to fill the void.

Regulate big tech or deregulate banks.

Banking is a secondary need.

Efficient banks will win the digital race.

If you missed the US train, catch the one in China.

A UBS economist made an innocuous comment about swine flu in China, and five days later a belief among Chinese speakers that he used a racist term has led to him being suspended, UBS apologizing and it disappearing from a key Chinese bond mandate. Now what?

The giant of European banking in the 1990s.

Usefulness as necessity.

Banks must continuously adapt.

Master of the merger of the 2000s.

Medium-term plan targets same efficiency and little ROE increase, but client growth and new social motto please mutualists and Macron.

Digital banking blurs boundaries.

The relevance of history.

1985: The era when the City of London went global (from the imagination of Jon Macaskill).

2008: While the GFC raged, Euromoney had an inside view as politicians on both sides of the Atlantic tried to save the banking system (from the imagination of Jon Macaskill).

Space constraints in data centres, coupled with cost considerations, have encouraged firms to seek creative solutions to the challenge of getting access to the main liquidity hubs.

From the City desk of the Daily Mail to a park bench in New York, via conversations with the pioneers of the Eurobond market, Euromoney was the vision of its founder Sir Patrick Sergeant. He managed to create what is now a billion-pound business empire while reinventing financial journalism. His is a remarkable story.

Shareholder proposals to support policies around climate change mitigation have had some recent wins that deserve celebrating.

As technology spending escalates, financiers now face a temptation to reframe costs as an investment in future growth, safe in the knowledge that it is extremely difficult to check their assertions.