Asian private wealth is distinct from elsewhere in the world and must be served with a different model. Entrepreneurial wealth, changing digital delivery channels and gradual engagement with socially responsible investment all present challenges and opportunities for private banks in the region.

November 2019

As the number of financial technology startups in Brazil balloons, there is a growing sense that the pin to puncture their growth is one critical area of operation: credit. Full service in the digital age is a serious, long-term challenge for new entrants and traditional players.

European bank shares have sunk to levels not seen since 2008, and even some of the region’s bank CEOs admit it is hard to make a compelling investment case for them. Euromoney speaks to the people at the top about their potential to re-emerge as global leaders.

European banks don’t have a continental market, right? Wrong. Even if they cannot do full-blown mergers, the cross-border consolidation of specific business lines offers a way of gaining some of the economies of scale that US and Chinese banks enjoy.

November 2019

Delegates discover this year's IMF/World Bank meetings may be an infectious experience.

Crowdfunding platform Kiva is an example to everyone in finance who wants to make systemic impact.

$140 million green bond funding used to build… a petrochemical refinery.

Facebook has come in for some robust criticism since the announcement of its Libra digital currency.

Thoughts of a possible Democrat victory in 2020 are already giving some concern to investors.

A World Bank meeting session on tackling biodiversity and climate change failed to find its audience.

Next year promises to be such an exciting year in banking that our resident soothsayer, Mystic Maca, couldn’t wait to share his predictions…

Third-quarter earnings show it is time for decisive action.

The ridesharing company’s foray into financial services is a questionable decision given the company’s dismal financial results.

The failure of the We Company IPO and the poor performance of Uber and Lyft suggest that investment banks have lost their ability to price IPOs. But it also raises deeper questions. Were the elevated paper valuations of private companies a fantasy of wealth creation that could never be realized? Is the new private equity capital market, which seemed to be maturing into institutional-grade infrastructure in the last 18 months, broken?

The bank has rejigged its historic numbers to reflect its new structure, but the result throws up an interesting glimpse of just how small its equity capital markets business will be in future.

While the IMF highlights mispriced corporate debt as a systemic danger, so too is misvalued unlisted equity.

Frank Vang-Jensen, Nordea’s new CEO, is living up to his reputation as a cost axeman, but claims he can reverse the bank’s recent market-share losses at the same time.

A look at what fees Slack might have paid in a traditional flotation shows how talk of IPO banks losing out to direct listings looks misguided.

Life goes on, but with extra security, incongruous graffiti and smashed ATMs.

Riad Salamé says that Lebanon has the tools it needs to stave off default, but with protestors demanding fundamental change, analysts question whether a radical overhaul of the country's economy is what is really needed.

This year’s dovish turn in global monetary policy is difficult for most eurozone lenders, but it’s propping up Greek banks, spurring demand for NPL sales; but if these banks return to normality and grow their loan books, negative rates could still end up causing them pain.

Consultant says 60% of banks produce returns below their cost of capital, and a third of them are so flawed they may not survive a downturn.

Many thought the trade war would have derailed the promise by the CSRC to let foreigners fully own their mainland securities operations.

Morgan Stanley's third quarter earnings were mostly strong, but CEO James Gorman is looking forward to the day when regulatory focus shifts from leverage to capital

The Trade Club Alliance, a new 14-bank partnership to match SME exporters and importers, reflects greater willingness among banks – especially in Europe – to work together against low-cost newcomers, while relinquishing their own global ambitions.

A new approach to going public has so far been tested by only two firms, but the people who did those deals see them as the start of something bigger.

When renewables private equity group Equis Energy was sold to GIP for $5 billion – $3.7 billion of it equity – investors walked away with well over double their initial investment. The founders of Equis made around $800 million. But why was more than $500 million of the proceeds ringfenced into a vehicle called Equis Renewables, in which the underlying investors did not participate, while the general partners got it all? The story of how those assets got there casts a light on the curious inner workings of modern private equity.

Deutsche Bank’s decision to exit equities but continue with ECM is a startling move, but it reflects the reality of the industry as much as it does the bank’s own uncomfortable position.