EuromoneyFXNews.com

EuromoneyFXNews.com

Sign up to receive free alerts from our new foreign exchange news service

FX survey 2012 is now open
Global finance: Running on empty

Global finance: Running on empty

January 2012

As the European bank-funding crisis pushes banks to fund themselves ever shorter-term, concerns are growing that collateral, the lifeblood of all secured borrowing, is running out. Can the shadow banking system ride to the rescue?


Banking

Portuguese banks dismiss likelihood of Greek-style default

January 2012

Senior Portuguese bankers have hit back at critics that suggest the country is set for a Greek-style default on its loans, despite a surge in the cost of sovereign debt

Dwindling M&A to be boosted by restructuring

January 2012

While transformational big-bank mergers remain on hold, Euromoney learns that lots of small deals for FIG bankers will boost M&A activity

LTRO2: No bank safety in Draghi's massive numbers

January 2012

Bankers predict the next round of ECB financing could top €1 trillion. But it will take more than an LTRO-induced liquidity injection to fix Europe’s banks

Private banking and wealth management survey results will be live 8 February

January 2012

Be the first to see the results.

Return of "clever" accounting for banks

January 2012

CVAs and DVAs are once again liberally peppered into financial institutions' company earnings

The banking model is broken and needs to change now

January 2012

Euromoney takes a look at how banks need to fundamentally change the way they do business

Abigail Hofman: Making sense of the furore over Stephen Hester’s bonus

January 2012

By industry standards, Hester deserved a bonus from RBS; by political imperative, he should never have agreed to accept it. But could this dreadful saga be a mere warm-up for bank bonus season in the UK and beyond?

Basle scrutinizes capital relief trades

January 2012

Cost of protection under scrutiny as demand for risk transfer grows.

NBK Capital out to follow in parent’s footsteps

January 2012

National Bank of Kuwait’s universal banking ambitions are closely tied to the growth of its investment banking and markets unit.

Russia debate: Crisis presents opportunity for Russia

January 2012

Russia’s capital markets remain upbeat, despite negative forecasts from the IMF. Amid the eurozone crisis, market players see an opportunity for the country to prove itself as a developed and reliable financial centre. Bankers, investors and issuers discuss what needs to happen next.

Macaskill on markets: An unhappy new year for corporate activity

January 2012

Banks face tough decisions on how hard they should fight to retain sales and trading market share in different sectors, as the great deleveraging drive of 2012 gets under way.

Brazil’s banks make their own bulge bracket

January 2012

Brazil is one of the largest and fastest growing emerging markets for investment banking. And the locals are coming out on top. The lesson for other emerging markets, they say, is to neutralize international banks’ claims over distribution to institutional investors.

Sideways: Trying to square the ‘truth circle’

January 2012

More coals were heaped on the head of Johnny Cameron after the details in December’s FSA report on the failure of RBS revealed how little he appeared to understand the mechanics of structured credit when he was head of global banking and markets at the firm.

Limited liquidity forces bond funds into CDS

January 2012

A lack of supply is creating a shift in investment approaches, with CDS-index strategies being mainly explored

Nomura shuffles fixed-income unit

January 2012

Nomura reveals newly appointed global head and deputy global head of fixed income, according to an internal memo obtained by Euromoney

S&P downgrade is nail in the coffin for EFSF

January 2012

Agency's action could deliver final blow to the struggling bailout fund

Bank funding: Banks turn to LME to meet capital shortfalls

January 2012

Reputational risk of not calling evaporates; Investors shun aggressive terms

Credit Suisse shakes up FX

January 2012

Merges EM fixed income with FX; Shooter in, Weidmann out

Equity: ECM throws a shadow over European banks

January 2012

Banks weigh shuttering ECM as volumes collapse; Much depends on UniCredit deal

North America: US banks set to bounce back

January 2012

Prices ‘irrational’; profitability questionable; Much depends on avoiding European contagion

Investment banks: Dire second half hits 2011 fee income

January 2012

JPMorgan still top earner; Nomura fee income falls by 34%

Funding: A Talf for Europe

January 2012

ECB lets banks delever in orderly fashion; Bank bond issues might be scarce this year

Pioneer Yunus promotes a social business network: Muhammad Yunus video interview

January 2012

In a society obsessed with maximizing profit, Muhammad Yunus, Nobel Peace Prize winner and pioneer of microfinance through Grameen Bank in Bangladesh, has a new goal: to get business and finance to take off its ‘profit-maximizing glasses’ and think about its role in society instead

Baltic states: In Snoras, an omen for the year ahead

January 2012

Bank collapse weighs on fiscal health; Crisis spills over to Latvia

Banking: VTB Capital revs up for international drive

January 2012

Hires Dubai Credit Suisse team; CEE special situations push

Emerging Europe: Poland's biggest bank comes into its own

January 2012

As the government sells part of its stake in PKO BP, Poland’s biggest bank is benefiting from the troubles of rivals with their eurozone-based parents. Euromoney speaks to PKO BP’s chief executive about acquisitions and growth in new areas, such as investment banking and wealth management

Latin America’s quiet private banking revolution

January 2012

Many banks have amassed 30%-plus growth in AUM in the past year.

RBS CEO bows down to bonus pressure

January 2012

After a whirlwind political and media storm, RBS's CEO Stephen Hester agrees not to receive a £1 million bonus, while Citi says it will be cutting bonuses across the whole bank

EU cash markets: over-broked and lack liquidity

January 2012

European cash market problems are catalysed by lack of transparency, says senior credit flow trading expert

Euromoney Trade Finance survey 2012: Most important factors when selecting a trade finance provider

January 2012

Investment banking league tables - Year End 2011

January 2012

Includes Bonds, Equities, Loans, M&A, MTN, Project Finance

Hopes for reduction in liquidity risk might be flawed

January 2012

Market participants are expecting a drop in liquidity risk due to upcoming derivatives regulations, but their hopes seem to be based on a misunderstanding

Eastern Bank Limited plans to break into Hong Kong

January 2012

EBL looks to expand in Hong Kong and internationally in the longer term

Abigail on Nomura: an ugly end to a messy episode

January 2012

Abigail Hofman has consistently called for Nomura to rethink its global strategy. What was behind the sudden departure of Jesse Bhattal, and what needs to happen next?

UniCredit rights issue will pave the way for European ECM

January 2012

Banks weigh shuttering equity capital market as volumes collapse but banks are key issuers and much depends on UniCredit’s deal

London 'not ready' to be offshore market for China

January 2012

Some observers have reinvigorated discussions of London becoming an offshore currency market for China, but analysts argue that London is nowhere near ready for this

Russia: Making money in Moscow

January 2012

With developed markets stagnant, emerging nations hold the globe’s growth prospects. But can expansion in investment banking revenue in Russia keep up with Brazil or China?

Sberbank throws its weight into investment banking

January 2012

In the words of a recent recruit – it’s the biggest bank you’ve never heard of. If you’re an investment banker in Russia, or even Turkey and Poland, that’s about to change. But can Sberbank, propelled by its acquisition of Troika Dialog, get anywhere close to fulfilling its potential?

Can a capricious economy save China from a hard landing?

January 2012

The debate on whether China is due for a hard landing returned to the fore as property prices fell for a fourth consecutive month. And although analysts remain polarized in their views, some believe the country’s unconventional economic policy will prevent its economy going into free fall.

Curbing executive bonuses 'almost impossible'

January 2012

Experts tell Euromoney that restricting executive bonuses is nearly impossible unless the industry is nationalised, and that tightened measures will hurt bank profitability

Cutting red tape 'essential' to attract new investors to India

January 2012

Allowing QFIs to invest directly into Indian equity markets is a long-term positive step for the country, but removing complicated bureaucratic measures will be central to draw foreign investors into its markets

RBS and investment banking: giving up the golden egg?

January 2012

Do these reports mean that RBS’s global head of banking and markets, John Hourican has failed? Not necessarily

Abigail with attitude: No end in sight to anti-banker hysteria

January 2012

With deals still hard to come by, what can investment bankers do when they have nothing to do? And what was behind Michel Peretié’s sudden departure from SocGen?

No succour from investment bank fee data

January 2012

Bankers who dispute that we’re now in an era of lower fees – the new normal you keep hearing about – are in denial

More banking stories






More polls and awards


League tables

Dealogic