A new job running Bayern Munich's finances could be more rewarding for HVB CEO Michael Diederich, especially after UniCredit CEO Andrea Orcel’s push for more cuts in Germany.

Clearing up after the government’s mess will only provide a short break in the repricing of UK risk.

China’s property sector is in freefall and Covid lockdowns are throttling growth as bad loans pile up at the banks. As president Xi Jinping prepares for an unprecedented third term, a deluge of crises threatens to destroy the country's four-decade economic miracle.

With far-right leader Giorgia Meloni now set to become Italy’s new prime minister, can policies put in place by her predecessor – coupled with reputational self-help – prevent Italian banks from taking another hit?

Kwasi Kwarteng’s debt-funded tax giveaway has re-priced UK risk at a stroke, but the high cost may bring scarce benefit.

From Spacs and securitized products to executive compensation and supply-chain planning, Credit Suisse could split its investment bank into more than three parts.

Removing UK bonus caps and undermining the BoE could exacerbate a sterling crisis while entrenching US IB dominance.

September/October 2022

China has in the past felt compelled to accept the terms of IMF programmes in struggling nations without due consideration of its own views.

September/October 2022

The pandemic and the war in Ukraine have brutally exposed the fragility of global supply chains.

As the world’s biggest investment banks prepare to report third-quarter earnings in October, the signals are bad across the board.

Traditional banking career paths may be becoming a thing of the past.

If you want to get ahead in investment banking it is time to hit the beach.

The Netherlands wants biodiversity to be at the forefront of agricultural reform. But the government’s plan to buy out livestock farmers – which was behind the resignation of agriculture minister Henk Staghouwer last week – is a short-sighted solution.

Anti-ESG boycotts are unlikely to cross the Atlantic.

Bank of Cyprus has its quirks – such as a sanctioned oligarch as a large shareholder – but it is far from the only European bank with good potential still shunned by mainstream investors.

Chinese investors are buying bonds issued by local government financing vehicles as fast as they’re printed – due to a cratered property sector, a lack of other buying options and a perception it’s a safe asset class. But analysts warn LGFV defaults are imminent and could result in a wave of credit events.

China’s decision to let US regulators audit its New York-listed corporates is a shock. It’s a U-turn, a climbdown and a sign, more than anything, of China’s enduring financial frailty.

The government is prepared to take drastic measures to reduce the nitrogen produced by livestock. But as farmers resist being pushed out of a profitable sector, the dispute demonstrates the cost of turning climate agendas into a race to cut emissions as quickly as possible.

There was a touch of edginess in the launch events for two Singapore digital banks, Trust Bank and GSX, on consecutive days this week.

Wall Street’s junior human capital resources may not appreciate that there is now a bear market for their output, and that could spell tough times ahead.

Bank shares have failed to close a valuation gap with fintech competitors despite the prospect of higher interest income from rate hikes. Will the Fed’s newly tough stance on inflation-busting finally give bank stocks some respect?

The market is awash with speculation over what Credit Suisse might do in its latest strategic reset, and what the future is for its perennially underperforming investment bank. But as talk mounts of radical cuts to come in that division, the real challenge lies elsewhere.

Banks may soon match energy companies for political unpopularity – posting soaring profits, even as customers struggle with the cost-of-living crisis, and higher interest rates. To safeguard their long-term interests, banks need to show much greater social awareness in their actions.

There is reason for optimism in Thailand’s recovery from Covid. But comments from the country’s central bank governor and finance minister underscore one of the central challenges for officials in countries like this: that so much is out of their hands.

In a desperate effort to catch the next boom in assets with no fundamental value, institutional investors are hunting for new ways into crypto – and asset managers seem only too happy to supply them.

Banco do Brasil’s outstanding second quarter means that scrutiny will intensify at its domestic rival.

A US climate bill filled with green credits will create business for banks and provide relief from the backlash against ESG products.

West Virginia state treasurer Riley Moore has opened another front in a campaign by Republican officials in the US against banks that promote ESG policies.