The murder of prominent Saudi journalist Jamal Khashoggi has sparked condemnation of the kingdom’s leadership the world over, but as the dust settles after the Future Investment Initiative, what are the real-world effects, if any, of this crisis on Saudi Arabia’s banking ties?
When the financial crisis hit and retail banks – desperate to cut costs – closed less profitable branches, they did so chiefly in rural towns, or low- to moderate-income (LMI) communities.
A time of crisis is a time for action.
If Argentina’s financial crisis is going to turn into a banking crisis, as it did in 2001, that transmission will first be identifiable in the deposits data.
You wait years for a Balkan bank privatization and then three come along at once.
Investors throw money at cash-burning issuers as concern over leveraged finance grows.
The murder of a Saudi journalist has led to the withdrawal of international financiers from Saudi Arabia’s state-run investment conference, and compounded growing fears over the kingdom’s leadership.
Rates are only rising because economies are doing so well and there is no need to panic, even if risk assets do sell off, at least according to the sell side.
A strong third quarter from Morgan Stanley was the highlight of a mixed bag of numbers, while Goldman Sachs’ incoming CFO offered more glimpses of the future.
In a country with twin deficits and a 13th bailout in recent memory, one might wonder if former JPMorgan banker Muhammad Aurangzeb regrets becoming Habib Bank CEO – but instead he sees a path to a better outlook for his country.
With 75 banks signed up in late September, IIN is already approaching 100 banks convinced that blockchain is the best, safest and quickest way to resolve blocked cross-border payments.
UBS’s path to China JV control raises questions for others.
A disruptive new platform aims to slash the cost of capital raising, bringing together conventional institutions with $200 billion earmarked for growth and private companies seeking expansion funding.
As financial fraud in the UK evolves, so too does the financial industry, stepping up its efforts to tackle the issue with new technologies, such as biometrics and artificial intelligence.
Demands for unlimited liquidity for European banks in difficulty betray regulatory nervousness over the risk of a future Banco Popular-style bank run.
Morgan Stanley looks best in the third quarter, but was just pipped by Goldman over a longer term analysis
Six months after Polish debt collector GetBack went into default, shockwaves from the event continue to shake the country’s financial sector.
The bank has sold most of what it wanted to in the region, but faces some big costs at home.
Brazil’s banks are now an election issue.
The problem with India’s state bank mergers.
No one is surprised by the money-laundering revelations from the Baltics.
The resignation letter of Luis Caputo, until September 25 the president of Argentina’s central bank, is effectively the IMF’s receipt for the purchase of the country’s monetary policy.
The smackdown on greenwashing is coming – and ‘commitments’ to clean energy and environmental practices will not be enough.
SC Ventures launched in Singapore; combines internal accelerator with venture capital.
Nobuyuki Hirano is the world’s most recognized and most respected Japanese banker – and the chief executive of MUFG is an articulate voice on the demographic challenges facing Japanese banking and society.
Cut in the teeth of the financial crisis, MUFG’s stake in Morgan Stanley might well be the best deal of the last 10 years.
It is unusual for a Taiwanese bank: owned by foreign institutional investors rather than bankrolled by a tycoon or controlled by the state, it’s also on a roll, investing heavily in digital and expanding fast around Asia… but can it last?
As Mifid II beds down, its impact on the global fixed income research industry is already being felt.
After a tumultuous decade, the country’s leading investment banks have finally recovered their confidence – and are bursting into new markets and products.
The frequency and severity of UK banks’ IT failures are troubling their customers even if their regulators remain calm.
There are only two truly global, fully fledged cash management banks today, but the digital arms race in transaction services gives far more banks the opportunity to be world class.
Part two: The fallout from Iceland’s banking crisis rumbled on for seven years.
Clydesdale CEO downplays IT risks from further mergers and targets RBS SME scheme for 2019.
Participants and analysts have dismissed any concerns about the key findings of the BIS market committee’s electronic markets report relating to the concentration of FX turnover and spot trading fragmentation.
Absa’s efforts to establish wholesale-banking partnerships outside Africa, possibly with Barclays or Société Générale, underlines the importance of international links to African finance.
As the central bank awards its first new banking licences in 20 years, the big four will find it harder to justify the fees that have underpinned their profitability.
Senior management at Société Générale sees a unique opportunity for growth in Africa, including east Africa, Nigeria and the lusophone countries.
Egypt’s private-sector banks have traditionally been wary of lending to SMEs, but now a combination of new technology and central bank pressure is driving some of the country’s most sophisticated lenders to take a fresh look at the segment.
The west African state has reclaimed its status as the most attractive francophone market south of the Sahara.
The country is still recovering from – and reacting to – the banking crisis of 2012.