Moribund primary equity capital markets and a rising interest rate environment meant that investment banks were tested more than ever in the past 12 months as they sought to give clients the options they needed in spite of poor conditions.

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.

How many Brics are there in a dollar?

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

Rising default rates will soon separate the smart private credit managers from the mediocre. This offers opportunity for the winners to scale up.

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.

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.

Inflation is not beaten and rates may rise further. But high-grade bonds can still provide steady income and low risk, playing a new old role in investor portfolios.

Social bonds need to prove they have impact.

Leading firms join a new network of networks, but crypto natives see just another walled garden.

Banks keep up on the record commentary on the rules.

Fears were already growing about dangers lurking in US commercial real estate even before the wave of turmoil that has hit banks in the last two months. After the pandemic and a rush of rate hikes, there is little debate that the sector is at a turning point – the question is whether something worse is on the horizon.

As the drumbeat of bad news from the US regional banks grows steadily louder, Euromoney talks to market veterans about the lessons that can be learned from the event that started it all: Silicon Valley Bank’s collapse in March.

The US regional banking system has just sustained its third bank collapse this year. Following an initial sharp slump in reaction to the news, bank stocks have continued to fall as short sellers target perceived weakness. Can the sector stabilize as the impact of rate rises on many of these lenders’ business models becomes apparent?

The big transaction banks are becoming increasingly active in the B2B marketplace as they seek to cash in on corporate digital transformation.

US banks have seen $1.1 trillion in deposits flee the system over the past year. Much of this wound up in money-market funds that offer higher returns and the promise of safety and stability at a time of rising uncertainty. How dangerous is this for US lenders, and what can they do to convince flighty deposits to return to the banking system?

The collapse of Silicon Valley Bank has fuelled an abrupt end to venture-capital exuberance. There are vital implications for fintech and for the banking industry.

JPMorgan has cleaned up in a deal that sees the regulators waive their own cap on 10% deposit ownership.

JPMorgan’s AI model to interpret central bank messaging came out just as it emerged that Jerome Powell had been pranked into discussing policy with Russian provocateurs. Euromoney’s distinctly obvious heuristics model (D’Oh!) might be needed.

Relative winners after a year of interest rate hikes include Bank of America and Citigroup. Losers are led by regional US banks, while alternative asset managers argue that higher rates present a historic opportunity.

How on earth, in this environment, did the bank deliver one of its best-ever quarters in Asia?

The recent spate of deposit flight that spread panic through the banking systems of the US and Europe opens a chance for non-bank lenders to seize more of the core businesses that banks want to retain. Central bank emergency measures may have prevented the crisis from spreading, but a new phase of disintermediation has begun.

Disagreement over where US interest rates are going has split opinion on overall prospects for emerging market currencies.

Rethinking liquidity regulation would be better than a regulatory backlash that imposes an even greater liquidity burden on banks. History offers some lessons on how that might be done.

The last broker-dealer was always going to feel the pain of a continuing capital markets slowdown, but sales and trading has provided a useful fillip.

Citi’s Wealth at Work, which delivers wealth services to white-collar professionals in sectors from law and asset management to private equity, is less than two years old. Its founder and global head Naz Vahid talks to Euromoney about the concept and where the division can go from here.

The failure of venture capital’s favourite bank is bad news for a sector reliant on new injections of cheap capital to sustain loss-making growth.

As well as higher capital requirements for regional US banks, the policy response to the Silicon Valley Bank collapse will likely include increasing the Deposit Insurance Fund, which bigger banks will have to pay for.

Recent events call into question most of the core assumptions behind the rules designed to keep banks safe through a liquidity squeeze.