The US bank has launched the next generation of its global virtual account management solution to clients in the UK, Ireland and the Netherlands.

The latest strategic move by Citizens aims to help it meet its goal of servicing bigger clients with more products.

Barclays wants to be compared with the big five US investment banks. So let’s do that.

The big six US banks are releasing the loan loss reserves they built up in the pandemic. Where might this end? The answer could be surprising.

There’s a clear role model for US-Japan tie-ups in New York investment banking. Can the new partnership between Jefferies and SMBC follow it?

In a market of more than 5,000 banks, competition in the US is fierce. But among the clutch of sizeable regional banks, one firm has seen a remarkable transition since its IPO in 2014, under the steady leadership of chief executive Bruce Van Saun. Citizens wins the award for the US’s best bank.

The period of this year’s Euromoney Awards for Excellence, covering almost exactly the complete market cycle of the pandemic, exposed the need for an investment bank franchise to be unusually adaptable if it was to serve clients over that period.

Beijing made clear this week that it is determined to stop its firms from selling shares in New York. A simultaneous crackdown on ride-hailing firm Didi also offers a timely reminder to global investors that China is no longer committed to market reforms but to ideology and sovereignty in the Xi Jinping era.

New platforms that underwrite and process invoices due from large creditworthy payers may encourage bank and institutional financing for small and medium-sized enterprises.

That distant sound is the warning bell as bond investors’ desperate search for yield leads them down ever-risker paths.

Banks received a mostly clean bill of health from the Federal Reserve’s latest stress tests. After a catastrophe like Covid, does that mean the sector is now safe?

What worries the wealthy most? It is a question that provides answers the rest of us would be wise to heed.

We are at the peak of the hype cycle for central bank digital currencies, now being touted as one of the most fundamental innovations in the history of central banking. It is time for central banks and governments to be honest with unenthused populations. CBDC can’t deliver all the many promised improvements. As we come to design choices, there will be trade-offs. We might get improved payments but less credit. We could see greater financial inclusion but will lose privacy. Are the few benefits really worth the risk of disrupting the financial system?

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.