Hitesh Anadkat has spent the last 25 years building an African SME banking empire from scratch from his base in the Malawian city of Blantyre. His FMB Capital Group now also has operations in Zimbabwe, Mozambique, Zambia, Mauritius and Botswana; and he is looking to gain market share in them all.

From an opening with just two stocks, in a little over two decades Ho Chi Minh City Stock Exchange has risen to a $200 billion market capitalisation.

As Vietnam’s public markets become more accessible, what happens to those who have built their success in private markets?

The country may soon be upgraded to the emerging market indices. But such are the market’s many anomalies, that the pioneers who first embraced its potential are still the ones that matter most today.

Barclays has long wanted to rebuild the European ECM franchise it got rid of in 1997 with the sale of BZW, but has often struggled to do so. With a foundation of corporate broking in the UK and hiring in continental Europe, it’s finally making some progress.

Barclays has rediscovered its appetite for its markets business under CEO Jes Staley. Macro head Michael Lublinsky says there are now encouraging opportunities in emerging markets and corporate FX.

Barclays’ Asia investment bank is rebuilding after a traumatic restructuring in 2016. After a few years of steady growth, a more focused approach could make it more efficient than before.

Years of tough but successful IMF-led reforms have put Egypt in a great place to rebound strongly from Covid. Its future will be shaped by big infrastructure projects and by a plan to transform the nation into a powerhouse of green finance.

BBVA is relying more on its Latin America business. And the countries in that region are relying more and more on the global bank in turn. BBVA’s global head of country monitoring, Jorge Sáenz-Azcúnaga, explains how he expects this symbiosis to evolve.

The implosion of Bill Hwang’s Archegos Capital Management focused attention on family offices, a fast-growing, lightly regulated and ill-defined investor group. Greater oversight is surely inevitable, as is the evolution of the sector away from small, standalone entities into truly global multi-family wealth managers.