March 2017
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LATEST ARTICLES
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It started out as one of 3,000 peer-to-peer lenders in China. In six years, it has become a broad wealth management platform that may raise as much as $5 billion in an international IPO this year. The pace of its growth has been every bit as breathtaking as Tencent’s WeChat or Alibaba’s Alipay, yet few outside China have heard of it. They will. CEO Gregory Gibb tells us why.
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Political and market turmoil in Turkey has once again turned the spotlight on its banks’ dependence on external financing. Are foreign investors really fickle or are sector fundamentals strong enough to withstand repeated turbulence?
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They have out-lasted their local competitors and seen off the bulge bracket banks. Now a cohort of hardy regional investment banks across emerging Europe are preparing for a new wave of M&A and capital markets activity.
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Abdul Hafiz Mansour, the head of Lebanon’s Special Investigation Commission, has a reputation as a tough adversary of financial crime. In a rare interview, he tells Euromoney why his unit is so effective, and why so much money laundering still goes unpunished.
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Hiring more than anyone else in the wealth management industry and hoovering up the assets of failing competitors, Julius Baer is going head-to-head with its two larger Swiss competitors in Asia and Europe. Given CEO Boris Collardi’s tenacity, if the markets go his way, he may just pull it off.
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BNP Paribas COO Philippe Bordenave tells Euromoney that the bank is putting digitization at the heart of its new strategic plan.
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BNP Paribas said on Tuesday it wanted to be the ‘bank of the future’; it probably won’t be the last to do so, but it is certainly very far from being the first.
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Some of Europe’s biggest banks have joined behind KBC’s blockchain prototype to help SMEs increase trade across the continent.
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There may be yet some good news for UK based financial services in the wake of Brexit, if the Economic and Monetary Affairs Committee (Econ), a powerful committee within the EU Parliament, gets a draft resolution now being considered through to a plenary vote in its current form.
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European bad bank could incentivize banks to transfer their bad loans, but the problem still won’t be fixed without state aid.