Euromoney's recent coverage of the global banking group from its global footprint, management shifts and strategic overhaul.
Rather than moaning about the time and money spent chasing false-positive alerts of criminal or terrorist financing, banks ought to be sharpening up their own anti-money laundering (AML) and know-your-customer (KYC) systems or renting in better ones.
High cost of credit in the ‘free market’ segments seen as economic impediment; president of BCB committed to lower costs and greater competition.
Setting up a European bad bank is a dauntingly complicated and time-consuming proposition.
New accounting rules requiring banks to take upfront charges against possible losses through the full life of a loan promise damaging pro-cyclicality.
The overweight focus on millennials by private banks feels a little desperate.
Bankers in the UK have little if any appetite to row back on a decade of regulation they are just about getting used to.
They have tried and mostly failed – European investment banks’ lag to their US peers is a blot on their international prestige and it is structural.
When Brazilian federal police knocked on the door of André Esteves’ Rio de Janeiro home on the morning of November 25, 2015, they were not only arresting one of the country’s most prominent bankers, they were also delivering a hammer blow to his bank, BTG Pactual.
How many firms would survive the detention of the founder, dominant partner and largest shareholder? There is a lesson for others in that.
Attempts to build a North America business have left egg on the faces of many senior HSBC executives, but now, with two key differentiators – its big balance sheet and global network – it may have figured out how to be an investment bank in the US.
BNP Paribas COO Philippe Bordenave tells Euromoney that the bank is putting digitization at the heart of its new strategic plan.
BNP Paribas said on Tuesday it wanted to be the ‘bank of the future’; it probably won’t be the last to do so, but it is certainly very far from being the first.
Just as concerns grow that central bank monetary policy is under threat of becoming politicized, there are also fears that politics is corroding the objectivity of rule makers, putting the stability of the financial system at risk.
Some of Europe’s biggest banks have joined behind KBC’s blockchain prototype to help SMEs increase trade across the continent.
CLSA has always had a unique position in Asian finance – to its competitors it has been a curiosity, but one secretly admired for its independence.
When Austria’s Hypo Alpe Adria collapsed after the financial crisis, it left a network of small Balkan banks – private equity firm Advent International has taken up the challenge of turning them into a profitable franchise, rebranded, root-and-branch reformed and under new management.
There’s plenty wrong with post-crisis US bank regulation, but as the new US administration looks to roll back Dodd-Frank, its protectionist instincts might start a global race to the regulatory bottom.
The rally in bank stocks seen after Donald Trump’s election victory had stalled by the time of his inauguration as president on January 20.
UBS Wealth Management voted best global private bank; new regional winners; private banks less bullish on revenues; non-bank competition a minor concern.
Rate hikes, regulation, investing in people and technology – the CEOs of the top ranking private banks in the 2017 Euromoney private banking survey discuss how to balance the challenges and the opportunities that lie ahead.
With humanity’s challenges seemingly more urgent than ever, the world’s wealthiest are trading cheque-book giving for greater engagement.
Leaner, more transparent and definitely more modern, ABN Amro may have retreated to Europe, but its private bank chiefs’ sights are fixed firmly on growth.
The hoped-for flows onshore from last year’s amnesty on offshore wealth have failed to materialise, so far.
CEO seeks to ease regulatory hit; merger doubles French business.
Bank warns on AT1 coupon if €13 bln rights issue fails; move highlights importance of capital increase.
The finance industry continues to struggle with the disconnect between talk and action on diversity.
France’s low-growth and highly consolidated banking industry might appear rigid, but jealousies and opportunism are keeping idiosyncrasies alive and kicking.
For a non-US bank to be a success in the US, it has to get its ambitions right first.
US banks strike positive tone over earnings; Europeans less likely to reap rewards of new volatility.
European bad bank could incentivize banks to transfer their bad loans, but the problem still won’t be fixed without state aid.