Vince Cable, the UK’s business secretary, has coined a phrase. He described the continuing efforts of the Bank of England to make banks in the country hold more capital as being one of the biggest brakes on economic recovery.

RBC Capital Markets’ retreat from eurozone primary dealerships looks portentous rather than idiosyncratic.

Money has been flowing out of fixed income and into equities since Bernanke’s speech in May.

Normalization could be back in markets before we know it.

How does one explain the Marie Antoinette-style approach of funds that invest in five-star hotels, supposedly with the partial aim of reducing extreme poverty?

With sellers and buyers in LatAm equity issuance and M&A finding it difficult to agree on valuations, banks are hard pressed to get deals away.

Euromoney would like to thank all of the institutions and individuals who gave so generously to Action Against Cancer on the occasion of our Awards for Excellence dinner in London in July 2013.

Wells Fargo has recently outpaced China’s biggest bank by market cap. But what about profits?

Bears thrive on accelerating inflation, weak growth and a falling real. But a positive, reforming response to protests might transform sentiment in Brazil.

Market share of financial businesses vital to supporting global economic growth is concentrating rapidly into the hands of a small group of the world’s biggest banks. Dealogic finds that of the $36.3 billion customers paid out in investment banking fees in the first six months of 2013, 56% of that total, fully $20.3 billion, went to just 10 banks.

A slight improvement in the UK’s economic outlook cannot mask the challenges facing the BoE’s new governor.

Suntory Beverage might be just the tonic, or shot in the arm, that the Asian markets have needed.

June was the worst month for emerging markets since at least 2008. What about the next five years?

Banks are talking a good game about playing to their strengths. But a real differentiation of business models at the top of the industry has not happened yet.

A string of Fed announcements and decisions has baffled US markets and bank decision makers.

Halfway through the second quarter of 2013, global investment banking revenues had reached $25.7 billion, some 14% ahead of the average year-to-date total over the past 10 years. Debt capital markets revenue is running at a record level, having hit $9.2 billion between the start of 2013 and mid-May. Syndicated loan revenue is markedly up on the same period in 2012, as is global equity capital markets revenue for the banks as IPOs return. Only M&A remains quiet.

More common sense, along the lines of the EC reversal of proposed pension-funding rules, needs to prevail in financial services regulation.

Having lobbied hard against most new financial regulation for the past five years, the banking industry’s valid objections to the proposed financial transaction (Tobin) tax risk falling on deaf ears.

Rights of residence in Australia might not be enough to entice Chinese investment; hefty taxes on mining are a deterrent.

Asian bond issues are attracting levels of over-subscription that are taxing bankers already squeezed by inflation in bookrunner numbers.

Qatar’s investment in VTB helps future deals between Russia and the Gulf, but relations will remain difficult.

As the leading FX banks increase their grip on end-user volumes, their customers should take note of the banks’ own aversion to high market share among key providers.

Cyprus’s problems stem in part from doing business in Russia. But the Russian state’s attitude doesn’t make keeping money at home enticing.

Asia has all the conditions for an active M&A market. The first-quarter lull looks like breathing space, not a long-term trend.

The departure of the investment banking chief heralds more uncertainty for Barclays.

With concern growing over the credit risk embodied in many sovereign bonds, fixed-income investors need to think harder about how they assess risk.

Argentina’s idiosyncratic approach to monetary policy and inflation control is unlikely to be effective.

An underdeveloped manufacturing base and revenues dependent on remittances are holding the country back.

Character does matter in post-crisis banking; if yours is in question, it is time to get out.

The market needs a high profile issuer looking to raise a lot of money