Citadel founder Ken Griffin may have felt more annoyed than threatened by his day testifying to Congress about volatility in GameStop and other stocks popular with retail investors, but scrutiny of market making and clearing is set to increase.

IPO volumes for special purpose acquisition companies have been extraordinary since the start of 2020, but looking at them through the lens of future M&A is when they start to look most shocking.

If bankers and investors thought they were having a hard time navigating the never-ending flow of Spacs, they should spare a thought for the regulators.

London is, unsurprisingly, struggling to embrace Brexit. Its advocates say the City just needs to try harder.

The full-year results of DBS, OCBC and UOB marked the first time in a year the Singaporean banks had attempted to give any kind of media briefing face-to-face.

OCBC, UOB and DBS are among the first lenders in Asia to report 2020 numbers. They’re in surprisingly good shape.

Milton Maluhy officially became Itaú’s new CEO at the beginning of February. He now faces the challenge of cutting the bank down to size.

The Churchill Capital deal for electric vehicle maker Lucid was long rumoured. The share price fall when it was confirmed raises questions for regulators.

Just when you thought the Spac market couldn’t get any hotter, news emerges that it is now backed by its very own rap artist.

HSBC has been talking about pivoting to Asia for decades. Now, it doesn’t just mean Hong Kong and its immediate surroundings. It is about time.

The burgeoning industry demands instant experts, but everyone has to start somewhere.

It has the backing of Prince Charles, as well as several big names in banking – but will the Financial Services Taskforce contribute anything new to the fight against climate change?

Narendra Modi’s decision to privatize two state-owned banks is significant, but the shortlist suggests the ones on sale are going to be small in scale but big in non-performing loans.

That China wants – needs – to put its own spin on the events surrounding Ant Group’s failed IPO last year is clear from recent leaks by mainland officials.

February 2021

February 2021

As the unlisted firm shrinks further in investment banking, its asset management business might IPO on its own.

The bank's management is confident that pandemic losses will be contained.

The UK has been hit by Brexit as well as the pandemic, making for poor returns and a weaker recovery. UBS argues that this allows investors to buy while it is cheap.

Must all former chief executives eventually form a special purpose acquisition company?

Banks are guiding to lower cost of risk in 2021, but government support and forbearance make the true state of their loan books hard to discern.

A primarily national approach to post-Covid bad debt has cut adrift states such as Greece and Portugal, making future banking crises more likely.

Mobilization of angry hordes is easy: those wishing to keep order are already being left behind.

As policymakers worry about achieving the Sustainable Development Goals, companies and asset managers are still working out how to make sense of them.

When Robinhood stopped retail investors from buying more GameStop shares in their battle with the hedge fund short-sellers, it put itself squarely in their sights.

The bubbles in crypto and small-caps look obvious, but most markets are over-inflated and it is a fantasy that banks are immune to the risks.

The consummate dealmaker appeals to shareholders and the board, by being an Italian with a big international profile.

The great and the good of UniCredit win an audience with the Pope.

The ECB is desperate for banking consolidation. Cross-border deals remain unlikely, but wholesale combinations may be coming.

Governor of the Bank of England Andrew Bailey rejects the unsound decisions of the EU.