Banking more stories

Gorman can't wait to have less capital

Gorman can't wait to have less capital

October 18, 2019
By MARK BAKER

Morgan Stanley's third quarter earnings were mostly strong, but CEO James Gorman is looking forward to the day when regulatory focus shifts from leverage to capital

Airline-style alliances in banking look set to take off

Airline-style alliances in banking look set to take off

October 17, 2019
By DOMINIC O’NEILL

The Trade Club Alliance, a new 14-bank partnership to match SME exporters and importers, reflects greater willingness among banks – especially in Europe – to work together against low-cost newcomers, while relinquishing their own global ambitions.

Emerging Markets more stories

VTB bets big on digital

VTB bets big on digital

October 11, 2019
By LUCY FITZGEORGE-PARKER

VTB has long lagged state-owned rival Sberbank in terms of profitability, but with sanctions limiting access to capital the pressure is on to close the gap – chairman Andrey Kostin explains why digital transformation and aggressive retail growth hold the key to success for Russia’s second-largest lender.

Responsible Finance more stories

Conservation finance: Costa Rica costs its success

Conservation finance: Costa Rica costs its success

October 10, 2019
By ROB DWYER

The Latin American nation has gone all-out to rebuild its natural environment over the last three decades, with great results – now it needs the rest of the world to pay attention.