New opportunities in oil and gas as supply is reoriented away from Russia highlight the question of how quickly cuts to financed emissions will match banks’ enthusiasm for growth in clean energy.

While ING is paring back the retail-banking ambitions held dear by former CEO Ralph Hamers, sustainable finance is helping the wholesale bank become a growth engine for the group.

With Russia’s invasion of Ukraine threatening vital energy supplies to central and eastern Europe, sustainable finance initiatives – especially in renewable energy – are more important than ever. Regional banks are increasingly focusing on sustainable finance and this year the bank that stands out is ING, CEE’s best bank for sustainable finance.

As their involvement in fintech matures, large banks are focusing on building standalone digital businesses rather than just taking stakes in third-party startups through venture capital funds and accelerators. Can these new in-house ventures disprove the thesis that incumbent banks can’t create disruptive business models?

ING and Intesa Sanpaolo could take bigger hits than Societe Generale in a ‘walk-away’ scenario, according to Autonomous Research.

Less charismatic chief executives will serve Europe’s banks well in the 2020s – unless it simply means that more power will reside with their chairmen.

Ralph Hamers’ project to centralize ING’s operations was flawed from the outset. Scrapping it is sensible, but a mark against his legacy.

The outgoing CEO’s surprisingly good final results mean his successor has less room for manoeuvre.

Despite no action at the ECB meeting on December 4, President Mario Draghi sent strong signals that QE will start next year.