Commodity trading could deliver further hefty profits for banks, led by Goldman Sachs, but there are multiple risks as well as opportunities for dealers.

From small beginnings as the offshoot of a British merchant bank in 1969, Macquarie has become the world’s largest infrastructure asset manager, a powerful investment bank, a global commodities player and several other things besides. It has built all of this through a distinct culture built on risk management, individual empowerment and a capacity for constant reinvention – but it hasn’t always been popular along the way. A new book by Euromoney’s senior editor in Asia Chris Wright and Joyce Moullakis examines the journey.

The former CEO of Cazenove has written an intriguing reflection on his 23-year career at the storied London institution. It captures his view from the heart of the turmoil, but mostly steers clear of score-settling.

More blue blood than bad blood at former chief executive’s book launch.

Restrictions on upstream oil and gas financing aren’t the silver bullet that the sector needs to achieve its climate goals.

The whereabouts of investment banker Bao Fan are unknown just when China wants to attract foreign talent and capital, not deter it.

EU banks have been lobbying regulators to ease up on capital rules, warning that they will become permanently uncompetitive with US peers. Investors may be set to close that valuation gap for them.

Sustainability is now fundamental to all bank operations. Restructuring to make sure that the right people are in the right sustainability roles has been a challenge for some firms. Euromoney looks at what is needed to become a credible ESG leader.

A month ago, First Abu Dhabi Bank said it had looked at Standard Chartered but decided against a bid. Now, it is believed to have changed its mind. What has changed?

While the bank plans to spin off its troubled investment bank, the new worry is whether and how soon it can repair the wealth management business.

The UK broadcaster’s chair Richard Sharp is familiar with accusations of conflicts of interest from his time at Goldman Sachs.

Just back from Davos, the bank’s new head of sustainable finance says the industry needs to do more, and Barclays needs to do more on transition.

A report by a US short-seller hammered the stock of India’s Adani Group companies just as one of them tried to raise $2.5 billion in a follow-on. It was not just Adani under attack here, but Modi’s vision of corporate India.

Goldman Sachs might wonder if the time is coming to rebrand from being Wall Street’s Bank of Dave (Solomon).

Strong collective-action campaigns might hurt some banks' reputations, but they will do little to convince those institutions to change their energy policies.

The recent update to the green taxonomy and implementation of the SFDR RTS have received a mixed reception in parts of the EU.

The southern Chinese city has set out ambitious plans to become one of the world’s top wealth-management centres. With one of China’s largest onshore pools of private wealth, there is everything to play for.

January-February 2023

January-February 2023

Some issuers are grabbing the opportunities offered by a new capital markets year. Others would do well to face reality sooner rather than later.

Will 2023 be Brazil’s year – or Mexico’s?

Macroeconomic disruptions and regulatory scrutiny will drive market participants to adopt a practical environmental, social and governance strategy in the year ahead – one that is less about narrative and more about materiality.

It seems difficult to convince investors that higher bank profits are sustainable.

The billionaire Winklevoss twins and DCG CEO Barry Silbert have been squabbling over $900 million of frozen customer assets. The SEC has just banged their heads together.

Can the early volumes be sustained through the year?

Some people think that international climate conferences are nothing more than a talking shop. The Secretary General of the UN wants to change all that – with another conference.

It’s the time of year for feng shui market predictions.

The regulated US bank lost 70% of its deposits in a few weeks. But while that run shows the risks of banking the crypto industry, the key lesson is how it is still standing.

Across the Middle East and North Africa, Egypt and its banks boast august credentials when it comes to climate and sustainability. But frameworks and agreements are one thing, creating substantive change across an entire financial sector is quite another.

First Abu Dhabi Bank looked long and hard at Standard Chartered, and others will do the same so long as it’s cheap. But any suitor must win the approval of Temasek.