Banco do Brasil’s outstanding second quarter means that scrutiny will intensify at its domestic rival.

A US climate bill filled with green credits will create business for banks and provide relief from the backlash against ESG products.

West Virginia state treasurer Riley Moore has opened another front in a campaign by Republican officials in the US against banks that promote ESG policies.

If Russia stops the gas this winter, the damage to European banks will be worse than Covid, and Germany will be at the centre of the storm.

HSBC’s interim result shows that banks are drawing a line under pandemic-related provisions, while simultaneously setting aside new ones for the disease’s economic cure. All banks must make this transition, but HSBC has other things to worry about besides: a campaign from China’s Ping An to split the bank in half.

If Rishi Sunak prevails in the race to be the UK’s prime minister, then Goldman Sachs will still have one alumnus as head of a leading European economy, even if Mario Draghi steps down from leading Italy.

Trading divisions at banks aren’t just offsetting slumping deal fees, they are also becoming more efficient. They could drive an upgrade in equity valuations.

Supposedly disappointing second-quarter earnings should have surprised no one and Morgan Stanley’s were quite good.

The head of crypto firm Galaxy Digital should get creative about his tattoo of failed token Luna.

Hong Kong’s capital markets are moribund, its government erratic and directionless, and its economy in disarray. For a city that increasingly looks like anything but Asia’s ‘world city’ is there a route back to normality?

The current market slump gives banks a chance to repel competitors such as crypto firms and fintech lenders.

As investors and dealers struggle with inflation levels not seen for 40 years, the only good news is that markets are still functioning… for now.

Launched in 2020 with the intention of injecting a dose of quality into the fly-by-night market of special purpose acquisition companies (Spacs), the $4 billion Pershing Square Tontine Holdings is fast approaching its deadline to buy something. If it gets wound up instead, has it failed?

Lombard Odier joins Barclays and Nomura in hoping to grow partnerships and shareholdings in a market that is heavily banked but underpinned by a vast institutional bid and a belated surge towards sustainability.

HSBC Asset Management’s head of responsible investing has had it up to here with consultants and regulators lecturing him on climate change risk.

Asset managers and index providers are the focus of a backlash against ESG. Banks will face their own reputational roasting as demand for fossil-fuel financing rebounds.

Following Terra’s death spiral, regulators will focus on the collateral backing the biggest stablecoins that are essential to the flow of real money into crypto.

Almost half of the Australian group’s record profit came from the Americas this year. Will Macquarie still call Australia home?

Asset quality is under threat across the region, but particularly in Peru.

The US government’s case against Archegos Capital sets up a contest to guess which of the fund’s prime brokers was the most gullible at any given time. To keep the game interesting, the answer might not always be Credit Suisse.

Elon Musk’s $44 billion Twitter deal could see his bankers shift from cordial competition for fees to a desperate battle to avoid margin losses if the value of his Tesla holdings falls sharply.

Credit Suisse is making heavy work of meeting its obligations under a 2017 RMBS settlement with the US Department of Justice. If it wants to make real progress, it will have to bite the bullet soon.

The IPO of Indonesia’s GoTo is a big moment not just for the issuer but for the exchange that changed the rules to accommodate it and for the entirely domestic joint lead manager group.

It looks like Chelsea bid heartbreak for the structuring team at asset manager Centricus, but football financing is a funny old game and it’s never over until the final whistle blows.

With consumer business sales mostly finalized in Asia, attention turns now to Jane Fraser’s commitment to devote the proceeds to growth in the region. We are seeing early signs.

A blunder in its exchange-traded notes business is set to cause Barclays a fresh headache that it doesn’t need.

ESG has been an intense focus for banks in recent years – not least for their communications teams. But with war in Ukraine, ESG has hit its first real test – and the talking has stopped.

Margin hikes are raising the table stakes in markets from commodities to stock loans. Margins may be a better risk signal than curiously subdued measures like the ViX index of equity volatility.

China’s approach to ESG is a jumble of grandiose and contradictory state planning alongside often marvellously successful bottom-up plans by banks and fintechs to instil in consumers a more sustainable lifestyle.

Yoon Suk-yeol, South Korea’s new president, is seen as pro-business and pro-market reform. Bankers are delighted, but there’s also a nagging doubt that populist policies that favour retail investors over institutional have crept in to win votes.