Wong’s departure from HSBC, where she was head of Greater China, in August 2019 raised the questions of where could she be going and why. The answer is that she will succeed Samuel Tsien as OCBC’s chief executive. What does it mean for the bank?

BlueCrest Capital Management’s agreement to pay $170 million to settle charges that it used a trading algorithm to exploit investors is a warning that artificial intelligence (AI) can be a tool to dupe the unwary.

Bitcoin’s recent surge is accelerating integration with established capital markets, as Coinbase makes IPO plans and market-maker B2C2 is sold to Japanese financial services firm SBI.

Its ambitions require an estimated $1 trillion annual spend and only 10% to 15% of this will be met by the government.

The congressional debate on Mexico's controversial proposed currency bill has been postponed, but opponents, including the country's central bank, should not celebrate too soon.

Xinja wanted to be different, but Covid hit at the worst possible time – after it had launched a high-interest deposit business, but before it had offset that with lending.

In rushing to oust chief executive Jean Pierre Mustier halfway through the reporting cycle, UniCredit’s board may have revealed its weaknesses, not its strength.

Brazil’s richest man leaves behind privately held banking empire. Antagonism between sons could lead to a power struggle

Critics of the US firm’s appointment to consult on integrating ESG into EU banking regulation have welcomed a damning report by the bloc’s ombudsman. But does it miss the point?

Is a slew of pulled deals really a sign of a healthy IPO market?

The recent wave of M&A has left behind weaker banks such as Banco BPM, Sabadell and, above all, Banca Monte dei Paschi di Siena. Jean Pierre Mustier’s exit from UniCredit shows why.

In January, the US will usher in a new president and new era in climate policy and green finance.

Investors and analysts had expected an insider to succeed António Horta-Osório, but new CEO Charlie Nunn could still be a continuity candidate when he is allowed to take his post.

Euromoney’s futurologist Mystic Maca gets on a Zoom call with next year, when markets return to a version of normality.

Selling its US bank to PNC fixes BBVA’s capital problem and allows it to consolidate in Spain. Arch-rival Santander’s similar troubles may be harder to solve.

A global green recovery is still a distant ambition, but leadership across sectors is slowly coming together.

Ralph Hamers’ project to centralize ING’s operations was flawed from the outset. Scrapping it is sensible, but a mark against his legacy.

A new book concludes that the rules for trading EM FX and fixed income have successfully survived Covid.

The decision by Chinese regulators to postpone – and potentially derail for good – Ant Group’s world-record-breaking IPO is a seismic one. It leaves no one looking good, particularly the Hangzhou-based fintech firm, and raises many more questions than it answers.

The sheer weight of investor demand for sovereign issuance means that the UK government could be warming up to the idea of a green gilt.

Arguments over the definition of impact miss the point in a rapidly growing market.

As sovereigns around the world rack up record deficits, better management of public assets could be the answer.

The firm is pushing the idea that velocity management can drive sustainable growth for its global markets business. But will investors view this as an updated version of proprietary trading?

The Vatican can build on its successful credit default swap exposure to Hertz and other corporates by going long a new ESG synthetic index.

It was vital that the first deal in a €850 billion programme went well, but tougher tests lie ahead.

Eight years after Goldman Sachs first arranged a bond for 1MDB, it has finally concluded its settlements worldwide. Overall, it is more than $5 billion poorer for the experience, with an unquantifiable hit to its reputation. Here are the details.

The country’s new dual-circulation plans aim to slash imports and boost local investment and consumption. There’s no guarantee it will work, but Beijing is locked on this path.

Incoming UniCredit chairman Pier Carlo Padoan could be a useful ally to CEO Jean Pierre Mustier, but the latter may not realise his dreams in Germany and Europe unless the bank plays a greater role in Italy, too.

One intriguing sub-plot of a wild year in bank capital has been the advent of green AT1 and tier-2 deals.

The Barclays chief executive is doing all he can to make investment banking and markets part of his legacy.