Dovish forward guidance from the European Central Bank has been followed by a similar approach from the Bank of England.
When António Horta-Osório took over Lloyds Banking Group in 2011, a once great institution was on its knees.
The end of the commodities super-cycle of rising prices is being accompanied by a series of humiliating reverses for some of the biggest bank traders in the energy and metals markets.
Faced with increased capital requirements and regulatory changes, prime brokers are having to think of ways to become more efficient with their balance sheets.
Following the arrest of the main shareholder of Vietnam’s Asia Commercial Bank, Nguyen Duc Kien, the Vietnamese government has introduced a state-owned asset management company to clean up the country’s opaque banking sector.
Incoming governor holds bank’s first press conference; launches new refinancing facility.
Wells Fargo has recently outpaced China’s biggest bank by market cap.
Michael Corbat looked like a safe pair of hands when he took over from Vikram Pandit as Citi’s chief executive.
US bank is showing signs of real momentum; Astute hires and capital strength key to growth
Bank CFOs warn market of mortgage impact; drop in refinancings to hit revenues.
Amid unabated political change, Middle East investment bankers are seeing a gradual return of deal flow after years of scarcity.
As Euromoney sits down with Michael Corbat and Jamie Forese, US treasury bond markets are in the grip of a summer sell-off spreading uncertainty and fear across Wall Street.
Vince Cable, the UK’s business secretary, has coined a phrase.
Since 2009, after John Havens had to slash headcount and reduce the investment banking business to serve far fewer customers, Citi has been fighting its way back to prominence.
Barclays announced a £12.8 billion capital hole on Tuesday, along with a sharply dilutive rights issue, that threatens to undercut CEO Antony Jenkins’ turnaround strategy, further bloody Bob Diamond’s legacy and challenge the bank’s US franchise.
Card interchange fees represent a cost our economy cannot afford, says internal market and services commissioner Michel Barnier, as the EU unveiled its long-awaited cap on credit and debit card transaction fees.
Singapore policy flexibility and strong liquidity will cap banking-sector deterioration, say analysts, after Moody's unexpected revision of its outlook of the sector to negative.
Includes Bonds, Equities, Loans, M&A, MTN, Project Finance
Are we experiencing a bout of the summer doldrums? The high-adrenaline events of previous years have dwindled to an unsatisfactory dribble.
Fed stress tests likely to make risk public; warnings of impact on securities portfolios.
Veteran US healthcare dealmaker takes charge; UBS tops first-half fee tables.
The jump in treasury yields in late June prompted the two highest-profile US bond gurus to make public pronouncements designed to calm the nerves of their acolytes.
Protest clampdown amid emerging market sell-off; central bank seen delaying rate increases.
Bankers focus on positives; say authorities will strike right balance.
Funding squeeze reaches peak; PBoC to safeguard stability
PKO BP buys Nordea Poland; Regulatory flux means pension business excluded
Goldman Sachs was under siege two years ago, but its clients have stuck with it.
Banks are talking a good game about playing to their strengths.
In his acceptance speech for Euromoney’s Awards for Excellence 2013 dinner, Lloyds’ chief executive António Horta-Osório explains the strategy behind the group’s transformation as well as the economic and social purpose of the banking industry.
Understanding what Wells Fargo means to the wholesale banking industry is something of a riddle.
In a recorded message for Euromoney’s Awards for Excellence 2013 dinner, Stumpf, chairman and chief executive, welcomes the accolade.
Market share of financial businesses vital to supporting global economic growth is concentrating rapidly into the hands of a small group of the world’s biggest banks.
It’s the most successful bank of the post-financial crisis generation.
The new criticism of Goldman is that it is too narrow a franchise, not that it trades against its clients.
A string of Fed announcements and decisions has baffled US markets and bank decision makers.
Euromoney picks out the Best Bank and Best Investment Bank in Western Europe, as well as the leading institutions in project finance, cash management, risk advisory, flow, M&A, equity, and debt.
A slight improvement in the UK’s economic outlook cannot mask the challenges facing the BoE’s new governor.
In a recorded message for Euromoney’s Awards for Excellence 2013 dinner, Blankfein cites the firm's competitive strengths — in market-making, culture and risk management — and strikes an upbeat note on prospects for the global economy.
While emerging Asia is gunning to diversify its investment-led GDP cycle in favour of domestic growth drivers, fundamental weaknesses in the region limit policy options.
Standard & Poor’s downgrade of Barclays, Deutsche Bank and Credit Suisse on Tuesday – citing systemic risks of the investment-banking model – makes it clear that European bank-rating methodologies are still a work in progress.
The institutional placement of the first tranche of the UK government’s stake will be one of the prized mandates of 2013.
The UK bank is the best performer by market value growth during the past 18 months, edging out Bank of America; RBS and Brazilian banks are the worst performers in the first six months of 2013.
Robin Phillips will lead a new division aimed at helping deliver clients to HSBC’s flow and events businesses.