The old charges against Citi’s wholesale banking division no longer apply.

Having stabilized the bank after the financial crisis, Bank of America’s management conceived a simple plan for its future: maintain a diverse set of businesses but deal with less risky customers; provide them with fewer, simpler products; automate for efficiency; and then grow by doing more for these customers.

Those behind blockchain-based trade finance platform we.trade, which completed its first round of transactions this month, have acknowledged that banks will have to support multiple platforms to offer a rounded digital trade service.

It is easy to see why economists love second-pillar pension schemes.

Global risk subsided in the first half of the year, according to Euromoney’s country risk survey, with confidence in Europe maintained and commodity producers benefiting from better terms of trade.

It is one thing to win a client’s business, but quite another to have their vocal support, so Asiamoney put the question: ‘Which trade finance banks would you recommend enthusiastically?’ to companies around the region.

Banks are proving so slow to collaborate on blockchain protocols that could reduce costs in financial markets that it almost looks as if they wish to profit from persistent inefficiency.

Open banking might soon become the new standard for retail deposits in Europe as growth accelerates at the German platform service.