The CE3 currencies have outperformed much of the emerging-market FX complex through recent carry unwinds – perhaps surprisingly, given the relative popularity of these currencies as receivers on account of high domestic policy rates.

Corporate treasurers face a range of challenges in producing accurate liquidity forecasts. Not all of them can be addressed by technology alone.

Digital banks often struggle with soaring customer acquisition costs in saturated markets. Hong Kong’s ZA Bank, which announced its first monthly profit last week, can offer valuable lessons for firms navigating similar challenges.

Not long ago, Miami was known as a place middle-class Americans went to retire. Today, it is a burgeoning financial hub full of high net-worth families, private equity firms and hedge funds – and it is busy pulling in capital and private wealth at a record rate.

Former credit trader Shikha Gupta discovers that a verbal contract isn’t worth the paper it is written on.

Its acquisition of the Belgian private bank and asset manager offers Indosuez a chance to bulk up fast in key European markets. Its chief executive Jacques Prost sits down… erm, stands up with Euromoney to discuss the firm’s future.

It is turning out to be an equities year for the big investment banks, as fixed income revenues fall or stall and fees from dealmaking recover slowly.

Direct lending may have benefitted from the resurgence in US private equity buy outs in the first half of the year, but there may still be a return to syndicated markets.

Bullish US companies are looking beyond historically high interest rates and tight lending standards when it comes to commercial lending.

While incumbent Italian banks have seen profits surge thanks to higher rates, the shrinking size and profitability of the non-performing loan market has hit illimity hard. Unperturbed, founder and chief executive Corrado Passera believes the original premise for an SME-focused neobank is more valid than ever.

Nearshoring has become a topic that is discussed so often – and applied to so many issues – that it seems to be everywhere, and nowhere at once. Euromoney talks to banks operating in the Mexican market to find specific examples of new business being generated by nearshoring.

A small three-month deal from one of the bond market’s most frequent issuers shows the potential for on-chain delivery versus payment in central bank money. But the obstacles to widespread use of blockchains remain.

Having taken a hammering following Mexico’s election results and the Brazilian president's comments on fiscal consolidation, the prospects for the key Latin American currencies over the remainder of 2024 are unclear.

Proponents of banking-as-a-service will be hoping that UniCredit’s decision to acquire Aion Bank and Vodeno marks a turning point in a sector that has experienced considerable volatility.

Investing in Latin America’s payment fintechs is having a moment – but will the region’s central banks kill off their revenue model by adopting their own version of Brazil’s PIX?

New institutional investors are providing liquidity to longstanding Revolut employees and giving a valuation proof point to its stunning revenue and profit growth.

Its acquisition of Citi’s retail banking business in the Philippines has proven to be a challenge. It has put pressure on the bank’s capital buffers, while Citi’s high-end customers have shown a preference for international players.

Transaction banks in Asia will have to up their game to satisfy corporates who now view a strong digital offering as a prerequisite to maintaining relationships.

National champion banks should worry that the latest surveys commissioned by the Competition and Markets Authority might prompt loss of more primary accounts.

Falling inflation has sparked an early surge in credit demand, which offers the prospect of banking normalization – a potential boon given the negative real interest rates banks are earning on their government securities portfolios.

Corporates, asset managers and hedge funds appear to be willing to work with FX service providers to improve the latter’s offerings despite concerns over core services.

Guidelines published by China’s cabinet pledged to boost the quality of its capital markets. But they neither understand nor trust the vibrant-yet-turbulent nature of that financial system.

New transition bond includes step-down, as new ‘green infrastructure’ bond issued.

Bank of Cyprus’s decision to shift its listing back to Athens also shows how far Greece has recovered.

For years, India’s capital markets underwhelmed. Now, the country is the beating heart of IPO activity in Asia, with a raft of big-ticket stock listings expected in late 2024 and 2025. Fees are up, PE firms cannot buy assets fast enough, and global firms want to raise capital onshore.

The bank's new CEO has posted his first market-beating quarterly results, but the firm's exposure to lower-income segments could limit longer-term upside.

Unable to sell companies or raise new funds, desperate private equity managers are funding distributions from debt at the portfolio level. That structurally subordinates limited partners. They don’t like it – and neither do regulators.

A report from Citi asks if Mexican banks must increase interest rates on their deposit base.

The spectre of increased liability for financial officers looms large over the UK government’s plans to reform the audit profession.

Huge international debt capital market issuance in September and October is forecast as investors may seek to take any US Treasury benefit through wider spreads.