January 2018

January 2018

The Euromoney 25

Euromoney assesses the performance of 25 banks from around the world in a new series of progress reports

Top Stories

DCM bankers battle the rise of the machines

DCM bankers battle the rise of the machines

Primary debt capital markets have been remarkably slow to embrace technology. Vested interests are at play: lucrative underwriting fees will not be wrested from the banks without a fight. But automation is coming, partly driven by regulators looking into dysfunctional allocation.

Alternative awards of the year 2017

For the banking industry, 2017 was a time of trying finally to resolve issues of the past and avoid new mistakes, yet dig beneath the surface and it was also 12 months of intrigue and, sometimes, farce. Here are Euromoney’s alternative awards for 2017.

Comment

China v India in Reliance Communications spat

News broke last week of an intriguing insolvency petition in India: under the new Insolvency and Bankruptcy Code, high-profile disputes are now commonplace, but what’s interesting here is it pits a Chinese policy bank against an Indian private-sector corporation.

Transaction services

Trade Finance Survey 2018: Plugging the trade finance gap

Trade Finance Survey 2018: Plugging the trade finance gap

The impediments to providing more trade finance to emerging-market clients are well known, but that does not make them any easier to overcome. Could the ultimate solution be in turning trade finance into an attractive asset class for institutional investors?

Trade finance: Clients prove slow to embrace digital

Although banks like talking about bringing digital services to trade finance, a surprisingly low proportion of the 7,000-plus participants in Euromoney’s annual trade finance survey are actually using the technology.

Banking

Central banks: will the gift keep on giving?

Central banks: will the gift keep on giving?

Monetary policy has delivered global growth and booming asset prices. During the financial crisis and its aftermath, central bankers demonstrated admirable pragmatic radicalism. But monetary policy is not a cure-all, and another global downturn will present an even tougher test for policymakers.

Western Europe

BNPP plants its flag in the UK

BNPP plants its flag in the UK

Without fanfare, BNP Paribas is building its network among UK corporate clients. It’s following a template that’s already paying dividends in Germany. Is it on track to be Europe’s pre-eminent bank?

Asia Pacific

NPCI: The backbone to India’s payments revolution

India receives global attention for its digital innovation as a tool of financial inclusion, but it couldn’t get off the ground without a unique non-profit institution charged with creating the infrastructure.

Regulation

Foreign Exchange

Treasurers at risk of unidentified FX exposures

Treasurers at risk of unidentified FX exposures

The complexity of ERP and remote systems could leave treasurers exposed to FX risks. As automated systems look to fill this gap, there are still benefits from having a wide understanding of the whole business.

Obituary

Obituary: H.E. Jammaz bin Abdullah Al-Suhaimi

Obituary: H.E. Jammaz bin Abdullah Al-Suhaimi

The former head of Saudi Arabia’s CMA was a far-sighted internationalist whose commitment to transparency, technocratic leadership, governance, empowerment of women and young people foreshadowed the far-reaching reforms now energising the country.

Columns