The Lebanese diaspora has come home to pump fresh cash into the country’s economy, but the resulting price surge is a further blow to the lira-earning population.

September/October 2023

September/October 2023

Slawomir Krupa may yet turn around Societe Generale. But it won’t be by shock and awe.

A Citi survey of family offices finds some unsurprising things to say about the worries of the wealthy – inflation, interest rates and geopolitics – but discovers a shocking lack of preparation for succession planning.

The enormous re-listing of Arm Holdings is unrepresentative in many ways, but it still contains a valuable lesson for those coming down the pipe.

Beneath the Great Game geopolitics of US-Vietnam relations, there are some intriguing possibilities in the detail.

With Article 6 mechanisms formalized, project-based compliance carbon markets could take over the emissions offsetting industry, leaving participants in the voluntary carbon market stranded.

Should we take Vivek Ramaswamy literally or seriously?

Working together, regulated banks and direct lenders may prevent the coming default cycle from turning into a full-blown credit crunch.

Banks and investors opposed to European Union derivatives clearing plans have made an astonishing charge: the EU is worse than the US in jealously guarding its own markets.

A tactical retreat on crypto regulation might help SEC chair Gary Gensler to avoid being bogged down in a war of attrition for the rest of his term.

A debate in Australia arguing for the liquidation of the sovereign wealth fund has relevance to the global fund community.

HKEx chief executive Nicolas Aguzin opened the group’s latest new office in London on Wednesday. His aim: to get more global firms to IPO in Hong Kong and convince investors to put money to work there. But against the backdrop of China’s economic situation, his team will have its work cut out.

A handwritten note brings down the curtain on a 38-year journey for bank founder.

With a new proposal for long-term debt issuance, US banking regulators have launched the next phase of their war against the lack of confidence that shook the industry in March 2023. But it is becoming increasingly clear that the approach is less about precision strikes and more about a carpet-bombing campaign.

Two new platforms show how India is building on top of its digital foundations.

Despite the cross-border growth of Hungary’s OTP Bank and the regional potential of Romania’s Banca Transilvania, banking in central and eastern Europe is increasingly a national game.

China is having a shocker of a year. Growth has stalled, deflation is back and global firms are moving production elsewhere as they de-risk from China to boost supply-chain resiliency. FDI is down sharply and exports are sinking. Just as Brexit reshaped the UK’s relationship with the world, has Covid done the same for China?

The manner of the campaign against chief executive David Solomon risks causing the lasting damage that his internal opponents presumably wish to avoid.

Good things could be in store for Libya if harmony at the central bank spreads to the government and sovereign fund.

Second-quarter results from Brazil’s largest banks, published over the first half of August, revealed a bounce in financial performance. But it may be premature to dismiss further asset-quality deterioration down the line.

The political response to rising bank profits should focus more on debt distress than on deposit rates and taxation.

After less than two years, S&P is scrapping its ESG credit indicators and America’s anti-woke politicians are thrilled. But this may not be the win they think it is.

Moody’s took a swing at US banks last night. The moves might have seemed indiscriminate, but it’s hard to argue with the conclusions. After the scares of March, the sector is far from out of the woods.

It is no surprise to find the ACCC blocking ANZ’s takeover of Suncorp. It is eye-catching, though, to see the regulator naming a deal it would prefer to see happen.

Tottenham Hotspur’s Joe Lewis was indicted for insider trading just before yen volatility presented an opportunity for profitable currency dealing.

Thirty percent of Singapore sovereign fund’s portfolio is in private equity or real estate. Surely this is as good as it gets for private markets.

Goldman Sachs is losing a key executive in the very business it is relying on to turn the firm's fortunes around.

Banks including NatWest and JPMorgan are struggling to put out reputational risk-management fires.