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LATEST ARTICLES

  • Political instability in France, coupled with better EU-UK relations, could threaten Paris’ ability to rival London as a financial centre. But a focus on institutional clients among French and other EU banks is already helping London’s resilience – a trend that shows little sign of abating.
  • Six months into his job, Rafael Consing, president and CEO of MIF, explains the mandate, approach and targets of this newly launched sovereign wealth fund, as well as its potential to catalyze foreign investment and transform the country's energy and infrastructure sectors.
  • Ecobank Guinea rolled out its Xpress Loan service in Guinea last year, which enables customers to obtain short-term micro credit loans using their mobile phones. The service was launched in partnership with Dubai fintech Optasia and pan-African telecommunications giant MTN.
  • Ecobank Sierra Leone recorded double-digit growth in its commercial banking operations last year, with gross loans to business customers up by 45% to $11.8 million. Customer deposits were up by 3%, reaching $25.7 million.
  • Ecobank Gabon delivered strong growth over the awards period while also expanding its product suite.
  • President Macron’s newfound zeal for cross-border financial M&A is creating a headache for France’s big banks.
  • Rumours that Chinese insurer Ping An could cut its stake in HSBC further, perhaps selling to a Middle East buyer at a time when Gulf investment is flooding into the People’s Republic, should not come as a surprise.
  • The Chinese financial hub just posted its worst first quarter for IPO proceeds in 15 years. With China’s economy stumbling and new local security laws deterring global investors, can anything stop the rot?
  • Even after the rally on its latest restructuring plan, investors still value the UK bank at such a wide discount to book that management must consider radical action.
  • A securitization of pay-as-you-go electricity bills to fund wider access to electricity in Côte d’Ivoire could spark copycat social bonds for affordable housing, telecoms, electricity access and more.
  • Singapore’s big-three lenders – UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?
  • Citi’s sale of its China consumer wealth portfolio to HSBC for $3.6 billion is a nuanced tale of two banks with increasingly different strategies. As HSBC tilts ever more toward Asia, Citi proves ever more inclined to see all financial services through a global prism.