Buying robo-adviser Nutmeg is a bold and telling first step for the US bank’s new digital banking venture in the UK.

With the acquisition of 80 east coast branches and a slug of online deposits, Citizens has added even more firepower to its national expansion ambitions.

The US Federal Reserve has been clear that its policy of quantitative easing will only change when the data on unemployment and inflation changes. Meanwhile pressure from this policy is building in the banking sector, as well as the treasury and repo markets. As bank chief executives prepare to make their case to the Senate banking committee, is it time for Fed chair Jerome Powell to think again?

The asset cap imposed on Wells Fargo in 2018 has forced the bank to operate as efficiently as it can. Jon Weiss, CEO of corporate and investment banking, tells Euromoney that risk management remains his priority.

Most speakers at Isda’s annual meeting avoided mentioning the Archegos Capital Management blow-up. IOSCO head Ashley Alder didn’t get the memo.

The ongoing market and economic impact of Covid-19 is likely to trigger a more active approach from corporates to their cash strategies.

The implosion of Archegos has ripped away the veneer of conservatism and safety that the family office has long enjoyed. It has also emphasized the lack of clarity about what the industry is and its lack of oversight.

2020 was a breakout year for China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.

US hedge funds have cleared the way for more activist-style investing in European financial institutions. Now some home-grown activist funds are targeting banks too. They will need to adapt their tactics, but underperforming bank chief executives have another reason to be worried.

European football is hardly a model of sustainability at the best of times, but JPMorgan is to be commended for its noble attempt to make it even worse.

Banks are refining their sustainable cash-management offerings, seeking to align their corporate sustainability strategies to financing and treasury actions.

The US investment bank sidesteps an avoidable reputational own goal as a planned football European Super League collapses.

As US Spac deals start to slow after an extraordinary first quarter, any new growth must come from outside the US

The Israeli fintech grew fast through the pandemic turmoil. As it prepares a full launch in the US, it will be listed on Nasdaq, but not through an IPO.

Buying a 10% stake in China Merchants Bank’s wealth management arm for $415 million gives JPMorgan greater access to China’s vast private wealth market. It is a deal that benefits both parties, and underscores JPMorgan’s quiet but concerted success story in Asia’s largest economy.

Siebert Williams Shank is a top-10 lead manager for municipal issuers. Chief executive Suzanne Shank explains how a merger and building capabilities in commercial paper, share buybacks, corporate bonds, ECM and Spacs show the firm’s determination to keep growing.

Non-fungible tokens are the inevitable end-product of the current everything bubble.

The former head of Credit Suisse has a network of wealthy investors to provide patient capital to a target and a vision for growth from his time at Prudential.

Black-owned broker-dealers have largely been excluded from the mainstream of corporate debt and equity capital raising. The bulge-bracket banks are now working to correct this, inviting firms owned and staffed by racial minorities, women and veterans to lead their own deals and showcase their capabilities to corporate clients.

The data-cloud company has laid down an intriguing marker for its peers

Deliveroo’s pending stock sale gives London a much-needed financial boost, but the global IPO market is becoming a straight fight between China and the US.

Citi’s new CEO Jane Fraser set out her vision statement this week. It was solid stuff, but Euromoney suggests some bolder moves for the US bank in Asia, including a secondary local listing, and the creation of a new position of co-CEO, to be installed in a region vital to the bank’s future.

The February sell-off in US treasuries was short-lived, but it highlights the dangers in long-dated bonds.

Heads of research are seeing increased demand from clients for FX market intelligence, as a focus on reflation has created a complex investment environment in which investors are grappling with the question of when reflation becomes inflation.

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.

The link between share ownership and voting rights has been weakening for a long time. With dual-class share structures more popular than ever, is the struggle to resist their rise now over?

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.

The dinosaurs of the banking world have recognised the threat from crypto. While there is no simple choice yet for fast and cheap cross-border payments, near instant domestic payments are the new reality.

More companies are preparing to accept payment in crypto as the number of customers with digital wallets swells. But a confusing proliferation of payment methods means that innovation has made collecting payments harder, not easier.