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LATEST ARTICLES
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BBVA is relying more on its Latin America business. And the countries in that region are relying more and more on the global bank in turn. BBVA’s global head of country monitoring, Jorge Sáenz-Azcúnaga, explains how he expects this symbiosis to evolve.
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Most speakers at Isda’s annual meeting avoided mentioning the Archegos Capital Management blow-up. IOSCO head Ashley Alder didn’t get the memo.
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Basel’s latest effort to improve market resilience is expected to accelerate the development of clearing solutions – but it won’t leave everyone better off.
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Other funds have shown how shareholder activism can work in financial stocks, especially in Europe.
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The implosion of Bill Hwang’s Archegos Capital Management focused attention on family offices, a fast-growing, lightly regulated and ill-defined investor group. Greater oversight is surely inevitable, as is the evolution of the sector away from small, standalone entities into truly global multi-family wealth managers.
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With Greensill and Archegos, António Horta-Osório has more on his plate than a medieval King. But Credit Suisse’s new chair could do something that would placate doubters and please investors: pivot firmly to Asia.
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Most open-banking solutions introduced to date have been focused on retail users, but the pandemic is driving demand from corporates for new application initiatives.
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The bank’s new CEO signals openness to M&A, while flagging investment fees as a key profit driver this year.
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Regulators have set high conduct standards for banks in assisting particularly smaller corporate customers with the impact of the transition away from Libor.
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Utility and energy companies have tapped strong demand for hybrid bonds to protect their ratings.
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While doubling of profit at the investment bank stood out, it was not the bank’s only strong performer.
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Fnality applies for a DLT-based sterling payment system pointing the way to faster and more resilient decentralized financial market infrastructure.
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US hedge funds have cleared the way for more activist-style investing in European financial institutions. Now some home-grown activist funds are targeting banks too. They will need to adapt their tactics, but underperforming bank chief executives have another reason to be worried.
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A sign of too much risk and exposure in a frothy market or just two banks that didn’t have their risk management in order? Prime brokerage has become a profitable mainstay for several banks but, as Archegos shows us, it punishes the distracted
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Raising capital may have been painful, but it is the sensible thing to do. There were bigger surprises when the bank announced first-quarter results.
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European football is hardly a model of sustainability at the best of times, but JPMorgan is to be commended for its noble attempt to make it even worse.
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Banks are refining their sustainable cash-management offerings, seeking to align their corporate sustainability strategies to financing and treasury actions.
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Low interest rates, lockdown boredom and super-sophisticated trading apps have lured millions of Russian retail investors into the capital markets over the past year. But will they stay for the long term?
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The US investment bank sidesteps an avoidable reputational own goal as a planned football European Super League collapses.
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The European Commission unveils details of its €800 billion NextGenerationEU funding programme, following the playbook of sovereign debt managers.
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If the current geopolitical tensions escalate into military action, even the most hardened foreign investors might start looking for an exit from Russia.
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In just a few days, Deliveroo’s IPO went from having a book that was oversubscribed at the top of the price range to pricing at the bottom and then collapsing in the aftermarket. What went wrong and does it mean anything for other London listing candidates?
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The maverick activist is blazing a trail by targeting a big southern European bank – and is warning against the risks of a deal between UniCredit and Banca Monte dei Paschi di Siena.
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The storms buffeting Credit Suisse represent big trouble for the Swiss bank. Its new chairman may install a new CEO and set a new strategic course, but with big European banks gearing up for consolidation, Credit Suisse just put itself on the block.
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As US Spac deals start to slow after an extraordinary first quarter, any new growth must come from outside the US
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In executing what may be the biggest European corporate Sofr-linked swap yet, BMW has shown what well-prepared company treasuries and their advisory banks can achieve as the sun sets on Libor.
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Analysts are positive about sterling’s prospects over the next few months, figuring that monetary policy flexibility and attractive UK equity prices will outweigh any downward pressure from the European Union – whether trade or coronavirus-related.
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Deals such as this leave deeper problems unsolved at Societe Generale and similar banks.
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Unlisted banks, especially cooperatives, face less pressure to shrink as a result of low returns. They are gaining market share – but falling behind in digitalization.
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The EU will soon have to start funding a €750 billion recovery programme as rates rise and bond markets sell off. Short-dated EU-bills must carry more of the borrowing burden. That requires auctions and a new system of primary dealers.