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.

Crédit Agricole’s purchase of a 9.18% in Banco BPM could have benefits, even if it doesn’t presage a full takeover.

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.

SocGen’s deal to sell Russian lender Rosbank back to Vladimir Potanin’s Interros Capital is painful, but could help it to move on from the war in Ukraine.

A Singapore-based investment vehicle fronted by former Commonwealth Bank of Australia CFO Rob Jesudason aims to invest in financial disruptors that will complement the industry without reinventing it.

A number of commodity currencies have received an unexpected boost from the conflict in Ukraine as Western economies look to reduce their dependence on fossil fuels from Russia more rapidly than previously planned.

April 2022

Banks need to be hyper-vigilant as threats grow from both malign and accidental disruption.

Private equity’s relationship with the Spac asset class? It’s complicated.

A combination of geographical position and commodity strength is working in the country’s favour.

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.

The event was a showcase for both sustainability and trade agreements.

Corporates want to improve sustainability in their supply chains, but, if anything, the barriers to doing so are getting worse.

Is a bank called a trust a bank to trust?

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.

The war in Ukraine has further highlighted the benefits of Banco Santander’s diversification across Europe and the Americas, according to executive chairman Ana Botín. However, its European home market may be a big disadvantage in Citi’s looming auction of Mexican lender Banamex.

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.

The Russia-Ukraine war is a sobering reminder for all treasurers that geopolitical risk can escalate rapidly. The importance of forward planning cannot be overstated.

War in Europe changes everything. In the medium term, European countries will spend heavily on new sources of energy, their military and perhaps on food security. In the short run, comes slower growth. The financial markets are barely capable of pricing these hits. They have no capacity at all to price further unprovoked attacks on countries beyond Ukraine, much less a full-on war with Nato or nuclear conflict.

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.

Brazil’s banks stand firm against fintech’s rise.

JPMorgan, Bank of America, Citi and Credit Suisse hope more banks will join their syndicated loans platform Versana. Greater efficiency and transparency could also attract new capital to the market.

When a group of leading banks were unable to source the roubles needed to deliver in settlement of FX swaps, compression trades saved the day. The episode serves to highlight how fragile very large, complex and interconnected financial markets have become.

What practical steps do banks have to take when a client falls foul of a sanction list?

Explore Euromoney’s infographic on activity by special purpose acquisition companies over the last two years.

Western governments need to wise up to how smart Putin and his people are at hiding and moving their money.

Vaca muerta is an enormous oil and gas field, but it may be too late to exploit it.