The WSE should pursue local opportunities, rather than chasing new listings from foreign firms.

Brazil has a long and painful struggle ahead to revive its economy. Denial and complacency will not help that process.

It’s time to get some perspective back into the debate about global foreign exchange.

Global banks may feel that purging their correspondent banking relationships will help them de-risk, but they should beware the unintended consequences.

Illiquid markets, limited exchanges and sometimes vague institutional information make Africa’s securities landscape difficult to navigate. Firms such as Imara are in a good place to act as guides.

“This isn’t the end. It is the beginning. There are many more stress tests yet to come”

“We’d rather you use the word ‘innovative’ rather than ‘aggressive’”

When an email dropped into our inbox from BNP Paribas talking about something called the Marylebone Project we were hoping it might be the name of a five-piece band with BNPP’s head of primary markets, Martin Egan, as its lead.

Is the eagerness of bank executives to spend heavily on retraining bankers to change their culture achieving anything?

Euromoney is on a health kick. Stand outside our UK building near St Paul’s Cathedral, and you’re as likely to see one of our team drawing on an e-cigarette as you are someone with a traditional ‘fag’ these days.

No, this headline does not refer to those naughty traders who abused the London fix in the foreign exchange market and caused a number of banks to receive huge fines.

The opening up of the Saudi Stock Exchange to foreign investors could be a watershed moment for the country’s capital markets. Bankers predict a rush of deals to soak up demand. But what will foreign investors find in the Middle East’s biggest market? And can structural issues over settlement be solved?

It is not often new countries open up to international banks. Nine lenders have recently received licences to operate in Myanmar. It gives them a ready advantage in a country that lacks some basic infrastructure.

Intercompany credit data suggests companies are more willing to borrow than banks claim. But what’s the point of banks if they won’t lend?

Moscow’s revamped stock exchange has everything it takes to be a global player, with the exception of supply and demand. Has Russia’s isolation put a dampener on its ambitious domestic capital markets development programme?

Asset-hungry and cash rich, Qatar keeps grabbing the headlines. But there are questions over which branch of Qatar’s wealth actually owns its trophy assets, while it is becoming increasingly hard to fathom whether the authorities are coordinating these investments.

African exchanges can be small, illiquid and difficult to navigate. Some regulators are making efforts to resolve these issues, while others struggle to keep up with investors' demands.

Regulators’ scrutiny of Credit Suisse’s leveraged finance business has the potential to hit one of its most successful divisions hard. Has the Swiss bank been unfairly singled out?

Brazil’s banking industry exclaimed loudly that another four years of Dilma Rousseff would be a disaster for the country. Now that she has been re-elected, have the bankers changed their minds?

Don’t believe the G20 hype. In interviews with Euromoney, the world’s top financial policymakers admit regulatory tensions are tight. What’s more, the collateral damage of the focus on too-big-to-fail, capital rules and bankruptcy resolution risk rolling back financial globalization. Is it time to change the terms of the discussion?

Multiples and lack of covenants in the leveraged finance market are firmly in the firing line of US regulators. Sponsors say they can handle the new rules. Banks are already looking for ways round them. But with regulators hell-bent on proving a point in 2015, what will happen when a leading US company struggles, or fails, to refinance a cov-lite loan?

New York’s highest court has delivered a boost for the global banking model but the international legal architecture remains a minefield.

Three years ago, the leader of one of the world’s biggest countries almost called for a run on one of its biggest banks.

Turkey’s president has tried to kick of one of the country’s largest banks into touch, through public attacks and behind-the-scenes pressure. Despite becoming a political football, Bank Asya is still in the game. Can Turkey’s reputation in the west as a place to do business survive Erdogan’s continued, politically-motivated vendetta?

Investors greeted the European Central Bank’s asset quality review with little more than a shrug. They view it as merely the first step on a journey to enhanced and uniform bank supervision that might take a decade to complete. They are much more worried about the sustainability of banks’ business models and whether or not they can even earn enough to service their growing capital stack.

The main charge against Goldman Sachs by the US Senate committee investigating commodity market practices was that the bank effectively controlled actions by its metals warehouse subsidiary, Metro International, that created a bottleneck in aluminum supply, and that Goldman could have profited from associated trades in its securities arm.

Paul Simon sang that there are 50 ways to leave your lover, and Goldman Sachs has reminded us that there are just as many ways to sneak a trade through, even when conflicts of interest threaten to drag your reputation back into the mud.

A war of all against all in currency markets will not be pretty. For some countries it may also be too little, too late. The International Monetary Fund has failed in its role as the arbiter of currency values.

Merger with Vienna ‘too complex’; regional listings in the spotlight.

Stress tests fail to address corporate lending; online platforms might have emerged too late.