May 2019

Banking: Is size the solution in CEE?

Well-capitalized, liquid and digitally sophisticated, banks in emerging Europe today are far from the clunking incumbents and fly-by-nights of the post-socialist era. A fragmented, diverse and politically volatile region is a challenge for smaller banks – is a new wave of consolidation on the way?

Euromoney 50th Anniversary

Asia across the decades

Asia across the decades

Five decades of Asia coverage have seen the rise and fall of Japan, the opening of China, the turmoil of the Asian financial crisis and the rocketing recovery from it, the emergence of local capital markets, and at least seven new dawns at Nomura. Here are some of the highlights from 1969 to the present day.

CEE across the decades

From communism to unbridled capitalism, from command economy to chaos to convergence, Euromoney’s coverage provides a unique insight into an unparalleled half-century in emerging Europe.

Africa across the decades

For 50 years, Euromoney has followed the vicissitudes of a continent that has moved into and out of favour with international banks and grappled with developing its own capital market culture.

Asia Pacific

Is it time for Asian banks to go global?

Is it time for Asian banks to go global?

As Asia’s share of world GDP and global capital increases, the trend among Asia-based banks is for regional rather than global expansion. The region’s leading chief executives explain their approach to growth.

How Asia’s banks fight back against disruption

This is the region where fintech disruption has been most potent. Underbanked and with large populations comfortable with smartphones, Asia has been fertile ground for technology-enabled payments providers with a knack for crunching big data.

NDB: The Brics bank takes shape

Over the last 12 months, the New Development Bank has gone from concept to fully fledged lender. It says it wants to be differentiated by its nimbleness and focus on sustainability. Where does it fit in a changing multilateral landscape?

Central & Eastern Europe

CEE home team advantage: The rise of the local investment banks

CEE home team advantage: The rise of the local investment banks

Since 2008, rising local players have gained the upper hand over risk-averse global investment banks in emerging Europe as the flow of larger deals has declined, but that could change as regional firms start to flex their muscles on the global stage and China looms large.

Africa

Capital markets: Funding Africa’s future

Capital markets: Funding Africa’s future

Africa has long had a fraught relationship with the capital markets – can the continent put that difficult history behind it and, crucially, fund the next stage of its development?

Banking refugees in Uganda

Africa has the largest number of refugees of any continent – in Uganda, many of them are economically active, while others are excluded from accessing basic banking products. Euromoney finds out how integrating refugees into the formal financial system could benefit the country.

The contradictions of African banking

The continent is trying to force financial inclusion at a time when international banks are leaving. It is a hotbed of innovation but still lacks essential infrastructure. So how should we look at banking in a modern Africa?

Columns

Banking

Deutsche Bank has no plan B

Deutsche Bank has no plan B

While Commerzbank might yet be an attractive partner in European consolidation, Deutsche is caught in a horrible cycle of continuing to cut costs to offset declining revenues.

Transaction services

Cash is dead. Long live cash

Cash is dead. Long live cash

Payments via smartphone or contactless credit card are indisputably convenient, but what is the price of going cashless? And what role does cold hard cash have in modern society?

Comment

Wealth management: Bank of Morgan Stanley

Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – what will it look like in another 10 years? Maybe more like Bank of America or JPMorgan…

Front End

Belt and Road uses a durian in hope of better PR

Belt and Road uses a durian in hope of better PR

China has been having a hard time convincing the world of its noble intentions for the Belt and Road Initiative. So, for the second Belt and Road Forum for International Cooperation, it has enlisted an unlikely ally: an animated durian fruit called Little Thai.