IMF responds with $12 billion loan approval; banks’ long-term prospects improve.

Country deems debt unsustainable; IMF support may be imminent.

SFC scrutinizes stock exchange sponsors; US pursues princeling hires.

Deutsche joins list of sellers; public-sector buyers in driving seat.

Scrapping large-tender notes sparks panic; ‘black economy’ crackdown prompts cash squeeze.

Singapore's investigations into the 1MDB scandal continue to claim more big-name scalps

After failing to reach agreement at its last two meetings, Opec agreed this week to cut oil output for the first time in eight years. The oil price responded favourably, but lingering doubts about the finer details could mean the impact is short lived.

IFC teams up for first carbon credit coupons; billions of dollars needed to stop deforestation.

The outside world is still happy to see the market-based reforms in Argentina through rose-tinted glasses, but the country’s banks are battling a poor economy and tough regulatory challenges. Banco Galicia’s chairman, Sergio Grinenco, has a pragmatic view of the outlook for Argentina’s banks.

When the history of banking in communist Cuba is written, Dave Seleski, head of Florida-based Stonegate Bank, may well be hailed as a leader who triumphed against the odds.

Immediately after Donald Trump’s election victory, Euromoney visited Tehran to gauge the reaction of one group likely to be affected more than most – Iran’s banking community. Throughout his campaign Trump threatened to tear up the nuclear agreement that has allowed Iran to take its first tentative steps towards international rehabilitation. But bankers in Tehran are determined to hold on to their hard-won gains.

Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a small city with big ambitions.

Outbound M&A from China has been one of the big themes in global investment banking over the past few years, much of it driven by the need to reform China’s state-owned enterprises. But it is tricky work, subject to forces beyond an adviser’s control, and only some of it is lucrative. No wonder bankers, and many selling companies, are re-evaluating whether a Chinese buyer is unequivocally a good thing.

The US president-elect has talked tough on China, but he could be good news for China’s economy and its currency.

Former adviser to Macri’s opponent in the presidential election endorses macro-economic progress; level of corruption in previous administration a ‘shocking surprise’.

Regional FX volatility and capital outflows likely to hit LatAm; biggest risk comes from protectionism policies in the medium term.

Cutting ties with money transfer companies has deeper implications than many big banks are prepared to admit.

Investors should not get too carried away by Saudi’s bond market triumph: there is still much that can derail its long-term strategy.

Pity Arvind Subramanian – he has a tough enough job as it is as chief economic adviser to the government of India without further distraction.

In his first 16 months as governor of Kenya’s central bank, Patrick Njoroge has had to work through constant concerns about the health of the country’s economy and financial sector. Now he faces his biggest challenge yet: a piece of financial regulation he believes will deeply hurt Kenyan banks and their consumers.

A recent $17.5 billion bond issue by Saudi Arabia was hailed as a resounding success by capital market participants who have a strong interest in further fundraising by the kingdom, including an expected IPO of Saudi Aramco that could break records with a size around $100 billion.

It seems $100 billion is the new benchmark fundraising target for firms looking to make an impact.

Eurobonds back after three-month post-coup shutdown; October supply tops $3.5 billion.

Russia’s leading investment bank has seen its fortunes fluctuate over the past two years. Alexei Yakovitsky, VTB Capital’s chief executive, talks to Euromoney about Brexit, Africa and state ownership and explains why sanctions have proved more of a blessing than a curse.

New management aims to rebuild core equity; attractive valuation if it avoids equity issuance.

Resumes African expansion as Barclays retreats; hints of more jobs to match Egypt’s economic growth.

Kingdom’s debut is largest ever EM deal; Vision 2030 chimes with investors.

Revenues still depressed by poor ECM; DCM and M&A resilient but at low levels.

ZTO Express underlines US affection for ambitious Chinese firms; Azure Power shows how much farther India’s have to go.

Internal analytics, not retail price war, behind the move; strong growth expectations prompt high bank valuations.