August 2016
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LATEST ARTICLES
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HDFC launches first corporate masala bond; others may be slow to follow.
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China Construction Bank is not alone among the country’s big four banks to claim it changed its lending policy before the rise in bad debts. But in chairman Wang Hongzhang, CCB has a leader who thinks differently.
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Dominance of global volumes continues; why aren’t others catching up?
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Digital initiatives boost Hong Leong Islamic Bank; Islamic finance fertile ground for fintech.
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Brexit sparks investor flight; private equity sees an opening.
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With growth hard to come by elsewhere in Credit Suisse’s global network, CEO Tidjane Thiam has turned to Asia. He has given Asia Pacific chief Helman Sitohang not only tough targets, but also a degree of autonomy. Can he deliver?
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The most celebrated fact about Francisco González is that, uniquely among bank CEOs – since May 2015 he has been executive chairman of BBVA – he began his career as a computer programmer.
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ECB demands MPS shed €10 billion loans; last minute private deal scrambled.
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BBVA’s executive chairman has thrown himself into every challenge he has faced in a career spanning more than 50 years. Now Francisco González is focused on what that future will actually be. ‘Platform as a service’ does not trip off the tongue as a killer phrase to describe the future of banking, but the visionary that other bank CEOs flock to for insights into the transformation of their industry sees it as the destination for winning banks.
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Hakan Binbasgil has built Akbank into one of the most impressive financial institutions in the emerging markets. Can he keep the bank on track?
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CEOs offer their tips for the best holiday books that ambitious bankers should be devouring
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A US law to curb Hezbollah’s access to finance has caused weeks of turmoil in Lebanon, where the rules were quickly implemented, and even exceeded, by a financial sector eager to avoid US sanctions. The explosion of a bomb outside the Beirut headquarters of the country’s second-biggest bank, Blom Bank, this summer has been even interpreted as a warning signal to bankers to not apply US regulations too zealously.
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While the accelerated sales of stakes in Fineco and Pekao signal a new style, UniCredit's returning CEO says HVB still fits with the core Italian business
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The fixed-income sales and trading business of the big US banks took a bath in the first quarter of this year, with revenues down by between 10% and 40%. But although not immune from market and geopolitical upheaval, the second quarter could not have looked more different.
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Start-ups fear a funding stop and loss of access to the single market, but are already making back-up plans that could point the way for their peers in the more established parts of UK finance.
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The opening up of accounts access by PSD2 could take the drive for real-time payments in Europe out of the hands of the banks, and hasten its time to market.