Korea should be a rare bright spot for prominent IPOs in Asia but, given centre stage, Doosan Bobcat fluffed its lines.

A bet on QE expansion overrode worries about the referendum for Italy’s 50-year debut.

Flash crashes are still mercifully rare, but FX bankers worry that changing market dynamics will make them happen more often.

Cutting ties with money transfer companies has deeper implications than many big banks are prepared to admit.

European banks stocks have been on a tear since their summer lows, with the Stoxx Europe 600 banks index rising by 30% from the bottom of 117 in early July, up to 153 at the end of October.

Ultra-low rates and higher regulatory costs are thinning German banks’ already meagre margins, creating dangers of systemic importance.

The decline of Deutsche Bank may be grabbing the headlines, but the woes of German banking run far deeper. Low interest rates and tighter regulation are hurting all the private-sector banks. That simply adds to concerns that Germany’s banks cannot, or perhaps in politicians’ eyes should not, be profit-hungry institutions. But are the statebacked banks that still dominate German banking reaching a limit on their ability to fund themselves? And does that mean that the famed three-pillar system is heading for disaster?

The shortcomings of German banking have steered it into a shipping crisis on a scale that is only now being appreciated. Shipping loans are already pulling some of the state-owned wholesale banks under water, making previous failures to properly remodel the sector even more obvious.

When a journalist really wants to sink their teeth into you, it’s best to accept early on that all intervention is futile.

Investors should not get too carried away by Saudi’s bond market triumph: there is still much that can derail its long-term strategy.

The fear of a debt deflation cycle stalked markets last summer and forced a new round of monetary intervention.

Another European banking crunch is on the horizon thanks to legacy problems that have not been fixed.

Pity Arvind Subramanian – he has a tough enough job as it is as chief economic adviser to the government of India without further distraction.

The fintech revolution continues to spread even into the most staid corners of banking.

The Bundesbank’s Andreas Dombret doesn’t shy away from the depth of problems facing Germany’s banking industry

In his first 16 months as governor of Kenya’s central bank, Patrick Njoroge has had to work through constant concerns about the health of the country’s economy and financial sector. Now he faces his biggest challenge yet: a piece of financial regulation he believes will deeply hurt Kenyan banks and their consumers.

A recent $17.5 billion bond issue by Saudi Arabia was hailed as a resounding success by capital market participants who have a strong interest in further fundraising by the kingdom, including an expected IPO of Saudi Aramco that could break records with a size around $100 billion.

It seems $100 billion is the new benchmark fundraising target for firms looking to make an impact.

“Russia has been shat out of the capital markets”

Sale of Poland’s Allegro sets regional record; local currency liquidity adds comfort for global buyers.

Eurobonds back after three-month post-coup shutdown; October supply tops $3.5 billion.

Russia’s leading investment bank has seen its fortunes fluctuate over the past two years. Alexei Yakovitsky, VTB Capital’s chief executive, talks to Euromoney about Brexit, Africa and state ownership and explains why sanctions have proved more of a blessing than a curse.

New management aims to rebuild core equity; attractive valuation if it avoids equity issuance.

Resumes African expansion as Barclays retreats; hints of more jobs to match Egypt’s economic growth.

There is a long list of structural challenges facing Singapore as a listing venue: a lack of big listing candidates, the allure of Nasdaq for new tech companies and the easy availability of private debt. SGX chief executive Boon Chye Loh believes the answer is to be a multi-asset hub – as his acquisition of Baltic Exchange shows. Is it enough to keep the exchange relevant?

Singapore’s financial sector needs to be transformed. It will not be easy.

Kingdom’s debut is largest ever EM deal; Vision 2030 chimes with investors.

Revenues still depressed by poor ECM; DCM and M&A resilient but at low levels.

ZTO Express underlines US affection for ambitious Chinese firms; Azure Power shows how much farther India’s have to go.

Internal analytics, not retail price war, behind the move; strong growth expectations prompt high bank valuations.