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The Asia-Pacific (APAC) region has seen multiple fund passporting schemes launched in quick succession, but can we tell how well they are likely to fare as they become more established over time?

Barclays has reversed course on the regional structure it put in place last year, with new investment bank head Tim Throsby putting a global stamp on the business and also paving the way to complete its previous expansion effort.

Imagine that you run investment banking in Europe for a sizeable foreign firm whose name still enjoys a little cachet from its heyday 20 years ago when it figured high in the debt and equity arranger league tables and which sought to invest in Europe and rebuild scale after the global financial crisis.

One year after its humiliating withdrawal from European equities, Nomura’s international businesses are humming. The Japanese firm is set to expand in emerging markets and in the US, while pivoting towards a bigger presence in risk, particularly credit risk. But it still faces its age-old conundrum: outside Japan, it is too big to be a boutique, but not big enough to be a global bulge-bracket investment bank. Can Nomura find a fitting new position as the entire industry restructures?

A large part of Nomura’s recent boost in overseas earnings came from healthy fixed income revenues in the US. It has struggled to replicate this in mainstream primary debt. Instead, it pushes its strength in structured solutions.

Quantitative easing has been the defining monetary policy innovation of the 21st century. With global economic recovery now seemingly robust, the challenge facing policymakers is to reverse this stimulus. This is likely to be fraught with danger, particularly in Europe.

The drive to integrate the European banking system has taken a back seat as regulators have become concerned at the lack of profitability in the sector. Can banking in the EU be sustainable without union and with so much onerous regulation?

As he approaches 10 years at the helm, Macquarie CEO Nicholas Moore runs a business quite different from the one he inherited during the financial crisis. Capital market risk has been replaced with steady annuity-style income – but he says innovation and individuality has survived the transition.

Macedo might seem like an odd choice to lead Portugal’s biggest bank, but the former health minister comes with impressive cost-cutting credentials.

The bank has lagged behind its retail-focused competitors in Europe and Latin America. That is changing, senior management say. The Spanish group is pursuing new growth and diversification – from fintech investments to core-banking experiments and new online platforms.

Swiss bank buys Brazil’s biggest multi-family office; wealth management industry continues to grow fast despite economic turbulence.

The importance of emerging markets in the world economy has grown steadily but managing EM currency risk can be a nightmare for the unwary corporate treasurer. By 2014, emerging market economies already accounted for 36% of world GDP and 27% of world trade, yet in the period between 2010 and 2015 there were eight large depreciations of emerging market currencies, according to the International Monetary Fund. Managing the company’s financial interests in these challenging markets has become a top priority for treasurers. Which factors should treasurers look at?