ADIB’s almost 10-times oversubscribed additional tier-1 issuance shows interest in the product is alive and well for the right issuer, but demand won’t be the same for every bank.

If banks want the positive PR associated with facilitating sustainable finance, they need to admit to facilitating dirty finance too.

Temasek, as an equity-only sovereign wealth vehicle, had a bad year. A close look at its portfolio positioning helps us understand what it is doing about it.

For the first time in its 62-year history, the Reserve Bank of Australia has appointed a woman as governor.

All private banks are different: in how they project their brand, build business, serve clients and generate fees. But they all seem to have two things in common. They love lending to rich people with big art collections and chatting about ocean preservation.

The Kingdom’s government has announced that international firms – many of whom are based in Dubai – that want to work with the state will need to base their regional headquarters in Saudi.

July/August 2023

2023 is shaping up to be the year of the pause for the region’s capital markets.

July/August 2023

Euromoney receives the world's least necessary regulatory communication.

VÚB banka spreads its love for the environment typographically.

Jamie Dimon puts a limit on staff travel to one of JPMorgan’s more exotic branches.

The two chief executives should be on the undercard for the Musk/Zuckerberg cage fight.

The activist shareholder highlights concerns about a former poster child for private equity ownership of banks.

The former Credit Suisse chief is championing Africa.

How many Brics are there in a dollar?

Regulators forced banks to skip dividends during Covid, but let them make up payouts later on. They should now do the same for AT1s or risk that market failing.

The global disclosure recommendations don’t stand a chance against mandated regional regulation.

Banks are not waiting for loans to stop performing before they sell them.

Societe Generale’s recent African exits, and BNP Paribas’s talks with Orange Bank, highlight how closely Europe’s banks tend to follow each other. Differences are often more a question of strength than strategy.

An odd legal case trying to pin the blame for Credit Suisse additional tier-1 (AT1) bond losses on former chief executive Brady Dougan and other veteran managers could complicate the task of recovering losses for holders of $17 billion of bonds that were wiped out in the takeover by UBS.

Veteran banker Tom Montag is to join the board of Goldman Sachs in a bid to bolster support for embattled chief executive David Solomon. Weak second quarter earnings could make this task harder.

Several Gulf Cooperation Council countries have bank consolidation at the core of economic visions. As governments push for national champions, pressure is building across the industry as banks jostle for position.

Could trading of US sovereign credit default swaps trigger a global systemic meltdown? Probably not, but default swap shenanigans aren’t helping to calm jittery markets.

The bank has started the process of choosing a successor to CEO James Gorman just as it tries to settle an investigation into its equity block trading practices. This could pose a challenge for Ted Pick.

If the UK is to become an international crypto hub, it must focus on bringing regulatory certainty to the industry and the banks that back it.

If Olam Agri’s planned dual-listing IPO goes ahead in June it will have a bit of everything: a Singapore-Saudi listing, geopolitics and sovereign funds jostling to defend their nations against strain in global food security.

Social bonds need to prove they have impact.

May/June 2023

Banks keep up on the record commentary on the rules.