UBS’s wealth management chief used a crisis to reinvent the bank’s core business. Even competitors admit that he also took the whole industry in a better direction.

Low interest rates in emerging Europe are driving less committed players out of the private banking market but giving a boost to regional lenders by enhancing the appeal of investment products.

The world’s leading private banks still haven’t resolved the conflict between advising their clients and investing their assets. A decade ago, many wanted out of asset management. Now they want back in. The ensuing confusion has left a gap that pure-play asset managers are finally beginning to fill.

India has been a tough market for global wealth managers, ground down by rising costs and regulation. But private wealth is growing fast, offering long-term profit for those with patience and persistence.

Extended results can be viewed here.

For many of the largest private banks 2015 was a year of restructuring and geographical retrenchment. Only a few global players remain. This year looks set to be just as turbulent, but will clients put up with yet more change?

What’s a wealthy Brazilian to do faced with economic and political turmoil, scandal at one of the country’s leading private banks, and a big change to the tax law? Turn to the undisputed market leader in wealth management, it seems.

Goldman Sachs launched an apprenticeship programme in partnership with Queen Mary University of London in late January.

It wasn’t quite John Simpson on the plane with the Ayatollah returning to Iran in 1979, but nonetheless Euromoney experienced a bit of history in January.

As the UK’s tax deadline day loomed at the end of January, Her Majesty’s Revenue & Customs helpfully sent out a reminder to editors that it is not a body to be messed with.

Is there a finer name in all of financial services than Sherwood Dodge?

“These are proprietary numbers and we don’t want to share them widely..."

“We now refer to Puerto Rico and its restructuring plans as the Kardashians. Everyone wants to talk about it but there really is no point”

The people seem to underwhelmed by the four horsemen of the Asian apocalypse.

Bourse expects 20 listings in three years; Nigeria and Ghana links planned.

Banking sector clean-up to continue; UniCredit heads for the exit.

Market set to slump, claims new report; financials make up 80% of bourse.

Robos selling to gain scale; buy side sees ETF distribution role.

Troubled Tuscan lender taps new funding; ABS benefits from ‘safe haven’ status.

SWF pull billions from bonds; flight to quality in high yield.

Bail-in uncertainties remain; Portugal and Italy mark tough start for BRRD.

Teething troubles for messaging system; ICBC at vanguard of interested foreign banks.

French bank joins mutual banking reform; investors hope for capital boost, fear earnings dilution.

CEO resigns after capital raising; NBG sale fails to lift spirits.

Sovereign highly exposed to oil price drop; default still not fully priced into bonds.

Volatility slams international DCM shut; choppy access but strong liquidity in 2016.

It might not be sexy, but everyone wants in now. After all, money has to be managed.

Europe’s plan for a bad bank in Italy, it turns out, is to not have a bad bank at all.

Unable to agree on whether or not a credit event had occurred, Isda has had to turn to outside help to determine what has happened at Novo Banco.

Proliferation of smaller firms; compliance and risk costs deter internationals.