Volkswagen’s bonds head into the red.

Bad debts spark second wave of sector losses; CEO says low-cost, credit card model key to success.

Correspondent banking relationships strained; Venezuelan currency crisis adds to headwinds.

UBS CEO Sergio Ermotti may just have ‘Done a Diamond’ with his widely reported message to bankers at the firm that they should take more risk and not be afraid to make mistakes.

IRB Brasil Re delays IPO pricing; debt markets down 52% on year.

Big premium sets pricing reference; euro market remains attractive.

The onslaught of regulatory change and capital requirements is putting pressure on co-operative ownership of banks across Europe, but especially in Italy.

Elvira Nabiullina, Euromoney’s central bank governor of the year, is staunchly sticking to her controversial crisis-fighting plan as Russia reels from its biggest financial crisis since 1998. As sanctions and falling commodity prices threaten Putin’s oil-financed state patronage, the central bank – the last bastion of economic orthodoxy – is battling to craft a new growth model. Can Nabiullina turn crisis into opportunity?

Before she leaves, Malaysia’s respected central bank governor could do her country a big favour by standing up to the prime minister.

From global universal banks to regional aspirants, transaction services has become a core part of the post-crisis offering.

US banks have been notable for their reticence over consumer banking innovation for a number of years, and their silence is growing ever more obvious.

The recent equity placement is not a cure-all for the highly-geared mining and commodity trading company, rather a reminder of its executives’ failure to deliver.