Europe’s plan for a bad bank in Italy, it turns out, is to not have a bad bank at all.

Unable to agree on whether or not a credit event had occurred, Isda has had to turn to outside help to determine what has happened at Novo Banco.

Shareholders should be as worried by modest returns at the American market leader as by outright losses at Deutsche and other struggling European investment banks.

Distrust in official data coincides with hedge-fund closures, including Nevsky Capital.

Policymakers must work harder than ever to boost trade and banks must revisit their strategies to meet this new threat to their business.

International investors will swiftly return to Latin America if they see clear evidence of economic progress.

The South African president’s recent erratic changes in the ministry of finance highlight his flailing leadership.

It shows how far expectations have fallen for CEE that its most exciting prospect is now Romania.

Islamic banks in the GCC may have two advantages over their conventional counterparts at a time of weak liquidity: loyal retail money and the ability to tap two investor markets

Often overlooked and taken for granted, the repo market is crucial to the flow of cash and collateral through all other financial markets, so talk of a coming meltdown is troubling.

The liquidity mismatch that has built up in sub-investment grade credit meant it was only a matter of time before the market blinked

The US firm's embarrassing re-rightsizing is not a knee-jerk reaction: it shows just how bad FICC revenues are likely to be in the longer term. Will other banks follow suit?

China is pushing ahead with capital account reforms but it needs to make sure its own house is in order first.

It might not have been a big player in Latin America, but Deutsche Bank had a reputation for sticking through the hard times.

Impressive growth could stall if dynamic local businesses don’t benefit from an opening up of the banking sector.

Proposed privatizations in central and eastern Europe need to be viewed with scepticism, as they have a habit of disappointing.

As direct and co-investment continues to grow, private equity firms must brace themselves for a fundamental change in their limited partner relationships.

Old-style market makers are under serious threat from non-bank dealers.

The need for European bank consolidation is clear. Southern European banks are numerous small and poorly valued. But the good news is that consolidation is getting under way in Italy and the Iberian peninsula – particularly Spain. Bank M&A could accelerate, if and when regulatory uncertainty clears.

Allowing private equity firms to take over struggling banks is an inherently risky strategy for governments and regulators.

Banks are suddenly obsessed with potential of the distributed ledger in financial markets, but regulators must make sure it is used in ways that remove collusion and wrongdoing.

Credit Suisse is ditching its global ambitions in wealth management, suggesting that worldwide private banks have had their day.

The ambitiously acquisitive company’s bid for Cablevision may be a deal too far even for the very accommodative debt capital markets.

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

Investment banking fees in LatAm are on the way down and international banks face a tricky choice of whether to stick or twist.

Abu Dhabi Commercial Bank (ADCB) pulled out of a dollar bond in September, halfway through the deal’s execution. Should other regional banks be worried?

The minimum requirement for own funds and eligible liabilities (MREL) is due to become effective in January but its final determination could still be years away.

Banks in Poland and Croatia will only have themselves to blame if they end up footing the bill to resolve the Swiss franc mortgage problem.

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.