New York judge lifts injunction; market return could bring $10 billion issuance.

Deutsche Bank has come to the end of an era. The question is whether or not it is approaching the end of its empire as well? Respected across the industry for his intelligence and integrity, John Cryan needs plenty of both to restructure Deutsche. It succeeded for years in building too large a version of exactly the wrong sort of investment bank for today’s markets. A bank that once had a clear identity in global finance is struggling to present a vision of what it will be in the future.

Citi has confirmed it is to exit retail banking in Brazil, Colombia and Argentina in a further round of retrenchment from the region – with these latest three joining six other regional businesses sold in the past two years.

There is no need for panic. Emerging market credit is outperforming US high yield and the investor base is stable.

Whether they were birth pangs for a nascent asset class, or regulatory ripples, the latest woes in bank capital reveal the unresolved problems of the new bail-in regime.

Hiring is a coup for HSBC as it tries to build on success of simplified structure in growing GBM division.

It’s easy to blame technical factors and investors’ misunderstanding of the new AT1 market for February’s sharp sell-off across the bank sector, but investors may have a firm grasp of the fundamentals.

With the bank’s HQ distraction now over, disappointing results have switched attention to the CEO.

Secondary yields rise above cost of equity; bankers pin hopes on lack of alternatives.

Subordinated debt meltdown raises capital questions; investors and issuers ‘don’t know’ how bail-in works.

State bad debt scheme to chip not chop; BCC reform could create top-three lender.

Thanks to tighter capital requirements and a jump in corporate issuance, the relationship between US interest rate swaps and underlying treasuries is firmly in negative territory. Get used to it.

When Iran Air needed some Boeing spare parts before sanctions were lifted, JPMorgan took the US side of the trade. Why and how?

No good news to tell? Then keep the releases rolling. Try to dazzle the troops with some verbiage. A bit of psychopathy can be a good thing

Falling commodity prices have led to higher fraud claims. Banks might have to implement stronger trade finance criteria as a result.