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Hong Leong’s gain leaves a digital gap at UOB
Kevin Lam is to lead the Malaysian bank, becoming the second person within three years to step down as UOB’s TMRW digital head. -
Regulators set to raise capital requirements on banks
Even before this year’s banking failures, the coming of Basel IV was already set to hike bank capital requirements – and so further boost SRT trades. -
As default looms, Argentina’s fiscal discipline slides
The country’s economy was already weak before a serious drought hit. Now it is broke, and the question in Buenos Aires isn’t whether finance minister Sergio Massa can muddle through to the presidential election at the end of October, it is whether he can make it to the primaries in August before a full-blown financial crisis. -
Banking: Indonesia in the sweet spot
Indonesia is one of the world’s brighter prospects right now: growth, demographics, infrastructure momentum, inflation under control, more equity raised in the first quarter in Jakarta than New York. Banks are positioning to benefit – while keeping an eye on next year’s elections. -
Silicon Valley Bank: Lessons from a bank collapse
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. -
US regional banks circle the wagons
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? -
Bank deposit flight and the US money-market fund supremacy
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? -
UBS lays out some first plans for Credit Suisse
UBS will face pressure to spin off Credit Suisse’s Swiss bank and may yet lose more private-banking assets. Coping with this will make managing down illiquid and hard-to-value markets positions look easy. -
Soaring cost of bank capital will drive boom in SRT trades
The cost of regulatory capital associated with lending will keep rising after the recent scare over deposit flight and the coming credit downturn. The solution for banks is to reduce risk-weighted assets on their balance sheets by buying protection from credit funds eager to diversify away from leveraged loans. -
Can direct lenders now take a serious bite out of the banks?
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. -
Brazil’s banks battle credit risk
The country’s banking system seems as solid as ever, but its banks are seeing an uptick in delinquencies that could spin out of control. -
UBS bets on Ermotti to pull off the deal of the decade
As soon as the ink was dry on the agreement to take over Credit Suisse, UBS chairman Colm Kelleher rushed to bring ex-CEO Sergio Ermotti back to run the bank and the deal. Execution risk is off the charts, and the nerves of shareholders, employees and taxpayers are jangling. -
Pakistan tackles financial inclusion through digital banking
Pakistan has been trying to improve financial inclusion for the last 20 years with little success. Are new digital licences the answer? -
SVB: The regulatory response won’t just impact regional banks
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. -
Crisis at Credit Suisse: How we got here
Credit Suisse came out of the global financial crisis in better shape than many peers. But fragility was never far away – in the years that followed its fortunes would swing back and forth, sometimes violently. Here is the bank’s route to 2023, explained through Euromoney’s own coverage. -
Banks shift gear as mobility goes electric
Banks like Santander, BNP Paribas and SocGen see auto finance and the future of mobility as critical pieces of their overall group strategies. But as mobility becomes an increasingly fractured business, what does the auto finance bank of the future look like? -
Obituary: Dan Oakes, 1972-2023
For one of the most considerate men in capital markets, nothing was ever too much trouble. -
Santander looks to network effects to answer its critics
Santander executive chairman Ana Botín has stepped back from the M&A-based restructuring many assumed former CEO candidate Andrea Orcel would oversee. Euromoney asks Botín and her new chief executive, Héctor Grisi, how they plan to make this international retail bank succeed.
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