Regulators want to prevent greenwashing; corporates need to abide by the rules. What happens when science doesn’t help?

Islamic finance has a choice: continue on its existing path and consolidate its hard-earned gains in market share, or shake the whole thing up. One proposal calls for an end to the fractional-reserve banking system.

If Lula wins in Brazil, he is unlikely to focus on the strength of the private-sector banks because fintechs are doing that for him already.

Six seemingly random numbers, when threaded together, demonstrate that some kind of negative watershed event may not be too far off in China.

Societe Generale has exited, and Citi is winding down in retail, but the two biggest remaining Western European players in Russia are also spending a lot of time working out their exposures and operations in the country.

The launch of an SRI-linked sukuk framework this summer is a blueprint for others to follow.

New deal adds two-year payment deferral to existing natural-disaster clause to mitigate impact of a future pandemic.

A new job running Bayern Munich's finances could be more rewarding for HVB CEO Michael Diederich, especially after UniCredit CEO Andrea Orcel’s push for more cuts in Germany.

Fossil fuel assets were set to become obsolete in the transition to net zero. But the war in Ukraine is forcing European governments to secure alternative energy sources and driving demand for coal, oil and gas back in the wrong direction. With the global energy transition seemingly pitched against national energy security agendas, banks are trying to navigate a difficult path through the turmoil.

China’s property sector is in freefall and Covid lockdowns are throttling growth as bad loans pile up at the banks. As president Xi Jinping prepares for an unprecedented third term, a deluge of crises threatens to destroy the country's four-decade economic miracle.

With far-right leader Giorgia Meloni now set to become Italy’s new prime minister, can policies put in place by her predecessor – coupled with reputational self-help – prevent Italian banks from taking another hit?

Kwasi Kwarteng’s debt-funded tax giveaway has re-priced UK risk at a stroke, but the high cost may bring scarce benefit.

From Spacs and securitized products to executive compensation and supply-chain planning, Credit Suisse could split its investment bank into more than three parts.

When Margeir Pétursson bought Bank Lviv in 2006, he had much to learn about operating a bank in a country permanently in Russia’s crosshairs. Talking to Euromoney six months after the invasion, he says there is opportunity among the chaos in this key Ukrainian city.

PrivatBank chief executive Gerhard Boesch looks to the future and the bank’s war-delayed privatization.

Oleksandr Pysaruk, chief executive of Raiffeisen Bank Ukraine, describes how contingency planning for war rapidly morphed into the real thing.

Despite the Russian bombs pounding Ukraine, there have been no wartime bank runs, no bank collapses or even the suggestion of a systemic wobble. That is largely thanks to the work of former National Bank of Ukraine governor Valeria Gontareva. She tells Euromoney that the time for further reform to the stricken country’s banking sector is now.

Removing UK bonus caps and undermining the BoE could exacerbate a sterling crisis while entrenching US IB dominance.

China has in the past felt compelled to accept the terms of IMF programmes in struggling nations without due consideration of its own views.

The pandemic and the war in Ukraine have brutally exposed the fragility of global supply chains.

As the world’s biggest investment banks prepare to report third-quarter earnings in October, the signals are bad across the board.

Best Bank: HDFC Bank

While ING is paring back the retail-banking ambitions held dear by former CEO Ralph Hamers, sustainable finance is helping the wholesale bank become a growth engine for the group.

Best Investment Bank: Trigon

BNP Paribas has made an environmental, social and governance virtue out of its legacy commitment to the mining and energy sectors in Latin America. A decade ago, the bank saw which way the wind was blowing and, noting that it was towards renewable power turbines, moved early into sustainable finance.

BofA Securities wins this year’s award for Latin America’s best bank for transaction services. The bank has been steadily building up its corporate relationships in Latin America, while its digital innovation in this business has cemented its ability to provide local services at the level of the local banks.

Best Investment Bank: BofA Securities

BofA Securities has had a busy year in which it demonstrated impressive breadth of deal-flow across countries, as well as regional leadership in two of the main product areas. Not only was the bank the best investment bank in Colombia and Peru, but it was also a close challenger for the Mexican and Brazilian awards. It is this unmatched geographical balance that makes BofA the region’s leading investment bank.

BTG Pactual’s recent success has been based in large part on the digital platform that it has built in recent years. The bank targets opportunities where financial deepening, disintermediation and technological adoption intersect in Latin America.

BTG Pactual isn’t new to winning Euromoney’s regional awards for excellence – but previous successes have been for the bank’s investment banking franchise. This year, Euromoney recognizes BTG Pactual’s successful reversal of the orthodox model of business evolution from retail and corporate banking to investment banking.