Azeri default reminds investors that implicit guarantees aren’t worth the paper they’re not written on.

The Barclays case may have saved the SFO, but the UK fraud agency needs to change the way it deals with whistleblowers.

Lines are being blurred as advisers get better at financing, and firms that used to lead through balance sheet up their game in advisory.

With Brexit now upon us, as warnings abound of the damage it will inflict on the UK economy and the country’s financial sector, Euromoney follows its instincts and puts two British banks on our short list to be recognized as the world’s best.

It’s hard not to see, in the detention of Anbang chairman Wu Xiaohui, the final nail in the coffin of a certain kind of exuberant Chinese dealmaking.

The B&R forum held in Beijing brought a little clarity to a so far rather nebulous concept.

Reaction to Philippine president Rodrigo Duterte’s appointment of Nestor Espenilla Jr as the new governor of the central bank, Bangko Sentral ng Pilipinas (BSP), has been publicly positive.

The latest political scandal in Brazil spooked the markets, but didn’t bring them down. Why not?

European authorities deserve credit for pushing through reform of Slovenia’s banking sector.

Technology is an opportunity not a threat – international retail banks need to realize that.

Central bank risk, not political risk, should be bond investors’ primary focus.

The first quarter of Donald Trump’s presidency has already been a boon for banks, according to the Banking Compliance Index (BCI).

Ukraine’s Gontareva should be lauded for her efforts to clean up Ukraine’s rotten banking system.

Virtu’s agreed bid for KCG shows the pain from persistently low equity volatility hurting even the new breed of market makers.

Mulyani’s programme finds success much closer to home than expected.

The sale of Bradford & Bingley’s mortgage book to Blackstone and Prudential could be a blueprint for the Co-op Bank.

Continental European banks have long looked with envy over the English Channel – more than ever since the eurozone crisis – but with UK banks facing Brexit and a more advanced economic cycle, and as a degree of inflationary confidence returns to the eurozone, could the tables be turning?

Its HQ has to leave London – why not go to Warsaw?

The increasing burden of France’s regulated savings comes just when banks are less able to afford them.

Rumours that a listing for the Swiss universal bank might be shelved cast doubt on the CEO’s strategy for Credit Suisse.

As Europe improves, corporate investment is rising – with one glaring exception.

John Cryan has swallowed a difficult pill in executing his U-turn – whether the patient will recover in the long term remains to be seen.

EU’s me-too demand for non-regional bank holding companies could harm non-EU bank funding in the region.

International banks are showing divergent patterns on remuneration.

The 30-year bull run in bonds is far from over.

Brokers and insurance agents can still ignore Gary Cohn and shake off their reputation as cowboys.

While the imagery around the Trump presidency looks awful, it may obscure some good intentions – but what stops us cheerleading these efforts is the worry where they spring from.

New accounting rules requiring banks to take upfront charges against possible losses through the full life of a loan promise damaging pro-cyclicality.

The overweight focus on millennials by private banks feels a little desperate.

Bankers in the UK have little if any appetite to row back on a decade of regulation they are just about getting used to.