Western Europe

Banking

Transaction banks to outsource back-office operations

Regulators should be wary of disrupting debt capital markets

Private banking

New CIO for UBS Wealth Management

ECB salvation for European exporters seen unlikely

FX trading shifts to disclosed platforms as volume falls

Banking

RBS expands transaction services team

Corporate banking

Banks look to revolutionize trade finance through securitization

‘Darling’ sterling faces strong headwinds

Credit rating agencies’ shortcomings laid bare by ECR eurozone periphery trends

US dollar divides currency analysts

In awe of Ken Moelis

Private banking

Barclays Wealth continues streamlining