And the big three – State Street, JPMorgan and BNY Mellon – will only be stronger.

As more retail and high-net-worth investors embrace cryptocurrency, lightly structured delta-one synthetics now allow institutional investors to allocate to a new asset class.

The UK Treasury’s plan to boost SME banking competition by paying RBS customers to go elsewhere doesn’t make sense if they are simply pushed into the arms of another huge, global player.

Its mixed ownership reform cannot be applied to other SOEs.

One large bank bailout may be seen as a misfortune; two certainly raise some questions.

Lots of people seem to be worrying about emerging markets (EMs) – and no wonder.

Aside from the regulatory pains put forward as a reason for Barclays’ departure from Africa, there are other reasons why African banks are much better at serving local clients today.

Banks are hopeful that the Trump administration might finally get something done.

Many asset managers have opted to pay for research under Mifid II, but exactly what those costs will be is still unclear.

Global finance needs to believe in the progress it can drive to meet environmental challenges.

Big banks have the scale to fund new digital platforms but also face the high cost of maintaining legacy IT.

If European bond investors want to protect against rising rates, they must first put on more risk.

Qatar’s financial sector might not be the only one to struggle under a blockade imposed on the country since June by a coalition of Middle Eastern states.

The big banks underestimate ‘big tech’ at their peril.

It’s right to adopt a stance of scepticism over banks’ commitments to environmental, social and governance standards, but it’s people, not corporations, who pilot changes in course, and Euromoney is in a privileged position to witness such changes first-hand.

In 2003, the average number of high net-worth clients per relationship manager or financial adviser in the US was 170 – today, that figure is expected to be about 280, with advisers regularly claiming to know someone who knows someone who has at least 500.

Reversing the country’s reputation will take a long time. At least a start has been made.

The differences between two landmark access programmes for China’s capital markets need to be understood.

The European Central Bank (ECB) has irritated bankers with efforts to impose its own equivalent to US standards on leverage finance that may be doomed anyway.

For all their boastful talk of becoming technology companies, most banks still run on core systems installed in the 1970s and 1980s.

Here is the surprising news about liquidity in the bond markets: it’s getting better.

The banking industry has stopped fretting about a full-on Brexodus of jobs to other EU cities outside of London and started worrying about what comes next.

The US Fed’s journey to balance sheet normalization might not be as steady as many have assumed as inflation stubbornly refuses to play its part.

Sometimes we can’t see the trees for looking at the woods.

A big depositor run in Spain spells trouble for some – but the country’s biggest bank thinks it has spotted an opportunity.

European wealth managers are battling it out in Asia but North America is where private banking revenues are.

Azeri default reminds investors that implicit guarantees aren’t worth the paper they’re not written on.

The Barclays case may have saved the SFO, but the UK fraud agency needs to change the way it deals with whistleblowers.

Lines are being blurred as advisers get better at financing, and firms that used to lead through balance sheet up their game in advisory.

With Brexit now upon us, as warnings abound of the damage it will inflict on the UK economy and the country’s financial sector, Euromoney follows its instincts and puts two British banks on our short list to be recognized as the world’s best.