Digitalizing and automating its FX risk management has notably improved a pharma's treasury function.

Artificial intelligence has revolutionized cash-flow forecasting at educational services provider Pearson.

BNP Paribas’s top private banker talks to Euromoney about his love of Brittany’s rough seas, the power of ESG, and digital’s ability to transform and improve every step of the client journey.

As Covid fatalities rise fast, senior bankers are fleeing a city that, despite today's relaxation of some rules, is increasingly cut off from the world. Will Hong Kong ever be the same again?

Covid has been a tough time for junior private bankers. Instead of learning on the job, most have been stuck at home. The best banks have mentor systems and training programmes, but nothing can replace real face time with seniors and building trust with clients over a glass of wine.

A quiet battle is under way in private banking to hire trusted, super-talented and increasingly well-paid relationship managers. It is tricky and expensive, and it’s pushing salaries ever higher. As the power and prestige of wealth management grows, finding and keeping talent is one of the most important challenges that all banks face.

Early in the Covid crisis, CACIB avoided the big equity derivatives losses its local rivals suffered. Chief executive Jacques Ripoll tells Euromoney how the bank plans to take advantage of the rise of sustainable finance, which plays to its long-standing expertise in infrastructure and energy.

Nicolas Cailly, head of payments and cash management at Societe Generale, is responsible for growing the French bank’s cash-management franchise. He tells Euromoney why the bank’s new treasury offering is a step forward for TMS implementation.

Brought in to help clean up Credit Suisse, the high-profile Portuguese banker has been forced to quit to preserve what is left of its reputation.

Douglas Flint, former HSBC chair and current chairman of Abrdn, talks to Euromoney about climate change, his hope for the future and how he convinced CEO Stephen Bird to join the firm over fish and chips and a pint in an Edinburgh pub.

Covid barely dented the strength of the banking system and most banks have been steadily releasing the provisions they took. Euromoney talks to the leaders of our 25 reviewed banks and others about the challenges they face as the world normalizes.

At the end of each year, Euromoney takes a close look at the performance of 25 key institutions that we cover. Speaking to senior executives at these firms, we assess what went right and what didn’t, together with what might lie ahead. This year, we have also examined the views of those at the top on two important factors for 2022: their own and others’ asset quality, and the disruptive threat of China. Their observations are discussed in the two features below, followed by our reports for 2021 on the Euromoney 25.

Rising inflation expectations matter to the banking industry. Santander CEO José Antonio Álvarez explains, however, that negative real rates will probably persist for the next five or 10 years because of Covid.

A new index aggregates corporate profitability, asset values and debt service capacity, and shows worrying signs of stress even amid low default rates.

Global supply-chain bottlenecks have profound implications for how and where companies will fund their operations in the future. As the lines of ships lengthen outside ports, there’s a macroeconomic cost for banks weighing on loan demand and perhaps asset quality. However, some trade and logistics financing businesses that were previously on the margins of banking are now seizing their moment.

The tie up between Masraf Al Rayan and Al Khalij Commercial Bank could be the first of many as cost cutting and profitability top the banking agenda.

The fiscal deterioration of Latin America’s former totem has more than just the pandemic behind it.

Central banks have dominated financial markets through years of interest-rate repression that inflated bond and equity valuations. Suddenly inflation, running at highs not seen for decades, threatens all this. Do central banks have the credibility and capacity to cope with the monster from the 1970s that has returned with a vengeance?

Covid left Asia’s big markets closed to business travel, yet M&A is surging, with Australia and southeast Asia at the forefront of activity. China, where the focus is on local investments, is, however, bucking the trend.

Businesses in the UK struggling under Covid-related debts are sitting on assets worth £1 trillion.

A year on from being named financial adviser to Covax, a global alliance set up to deliver two billion pandemic vaccine doses to low-income countries, Citi bankers tell Euromoney about lessons learned, what has been achieved – and if Covax is a success or not.

Andrew Cohen, executive chairman of JPMorgan Private Bank, talks to Euromoney about the war for talent, why diversity and inclusion have never mattered more, and what markets the private bank has in its sights.

This year’s cash management survey sees banks looking beyond purely pandemic-related challenges to focus on sustainable finance and investment in technology.

Hong Kong’s harsh quarantine rules could stay for another year – and possibly longer. So could China’s. Bankers aren’t happy, but they’ve learned to adapt.

A new poll by the data-room technology provider finds that worries over the potential for post-deal value destruction because of climate change have added to a risk environment already heightened by the coronavirus pandemic.

Speakers at the IIF’s annual meetings play down worries over inflation, even as they recognise the short-term disruptions of the pandemic.

Credit Suisse’s chief sustainability officer is no ESG ideologue. She is at heart a hard-nosed investment banker who sees a once-in-a-lifetime opportunity to guide clients to a more sustainable future.

Taking advantage of what could be a brief travel window, Euromoney recently ventured forth to road test the post-Covid business trip.

Relief on dividends is not enough to propel the sector back to greatness.

Appetite for emerging market risk is much lower in the wake of Covid-19 than it was after the global financial crisis. This is the result of a mix of technical and fundamental factors, but it is primarily driven by the spectre of the emerging markets’ Achilles heel: inflation.