Italy’s biggest bank is floundering because it is based on a flawed premise.

It was vital that the first deal in a €850 billion programme went well, but tougher tests lie ahead.

Eight years after Goldman Sachs first arranged a bond for 1MDB, it has finally concluded its settlements worldwide. Overall, it is more than $5 billion poorer for the experience, with an unquantifiable hit to its reputation. Here are the details.

The country’s new dual-circulation plans aim to slash imports and boost local investment and consumption. There’s no guarantee it will work, but Beijing is locked on this path.

The outgoing CEO’s surprisingly good final results mean his successor has less room for manoeuvre.

Incoming UniCredit chairman Pier Carlo Padoan could be a useful ally to CEO Jean Pierre Mustier, but the latter may not realise his dreams in Germany and Europe unless the bank plays a greater role in Italy, too.

Does the move stem from China-Australia tensions?

One intriguing sub-plot of a wild year in bank capital has been the advent of green AT1 and tier-2 deals.

Remote working means that word of mouth is out and instant messenger is in.

The Barclays chief executive is doing all he can to make investment banking and markets part of his legacy.

The finance sector has woken up to its impact and dependence on nature. So, it needs to prioritize the development of investable projects.

What can we learn from the China Investment Corporation’s latest numbers, which cover the year prior to Covid?

OCBC’s Virtual SME Campus has an expensive public face.

October 2020

October 2020

UK regulatory proposals could mean tougher times ahead for mortgage customers, but challenger banks could get a little more competitive.

Natixis’ mistakes in equity derivatives and commodities this year repeat a pattern of outsized wholesale-banking losses. In the future, as in asset management, it should focus more on the underlying advantages of parent group BPCE’s retail network.

The former president of Brazil’s central bank spent six months cooling off before joining Credit Suisse.

No golf please, I’m delivering: how the German bank’s new CEO sees himself.

A bank with a profitable core business is a better bet than one designed to lose money.

For the wealthy among us, it has mostly been a good pandemic.

Chile’s new financial portability law came into effect in September, providing a huge shot in the arm to financial innovation in Latin America’s most stable banking market.

Nothing in China is straightforward, but everything happens for a reason.

Environmental, social and governance factors are financially material and the time for debate is over – unless you’re Trump.

Nubank’s acquisition of Easynvest this month is just one example of how the financial market in Brazil is developing at a dizzying speed.

Manfred Knof starts early next year, after Martin Zielke is ousted by Cerberus. He joins recently arrived chairman Hans-Jörg Vetter.

A decade ago, European banks were mainstays on stock sales such as Ant’s – now they're conspicuous by their absence.

The chairman of UBS seems determined to force a wave of European banking consolidation. A merger of his firm with Credit Suisse may not be possible, but other deals are likely.

Rushing back to capital distributions won’t solve the sector’s deeper crisis.

Putting together Spain’s two biggest domestic lenders makes sense, because, while both have good management, one side is better skilled at cross-selling.