Herbert Wigwe image in pot
Herbert Wigwe image in pot
Branch closures in the name of digitalization, on top of wider woes in the retail sector, could exacerbate the kind of community breakdown that led to Brexit.
Harsher-than-expected 100% coverage deadlines; no ‘significant’ impact on capital, insist banks.
Herbert Wigwe, CEO of Access Bank, says his institution’s announced merger with Diamond Bank will not only make it Africa’s largest bank by customers but also give it the potential to double its client base within just two or three years.
UniCredit regional division head says the UK crashing out of the EU is one of the main external risks to CEE this year.
US bank taps European market for €1 billion deal.
Greenfield start-ups embedded within the core business might be the best way for banks to address their legacy infrastructure problem.
Multiple positive factors point to outperformance of Brazil’s banks in EM, but pensions reform risks remain.
They aren’t making headlines – for the right reasons.
Berlin alone cannot change the costly quirks of Germany’s state-owned corporate banks.
The rules of engagement between incumbents and fintech suppliers of new products, which banks then white-label to their customers, need review.
Having tested HSBC FX Everywhere on internal payments, the bank now aims to provide it as a platform service to clients.
Spanish-based group will struggle to overcome fall-out of recruitment U-turn, while Orcel’s situation raises broader questions for banks’ hiring and compensation strategies.
Banco Santander’s board has botched the appointment of the bank's next CEO in the clumsiest way possible.
New penalties from China’s bank regulator suggest a firmer stance on trying to bury bad debts, but it’s not just a bludgeoning.
From payments to full retail banking services, tech companies are encroaching on the banking space.
This year, Euromoney's survey better highlights the ability of Asian banks to meet their clients’ needs.
The culture is changed and numbers are solid, but return on equity isn’t going to budge without progress on costs.
Goldman aims to grow in consumer banking and corporate cash management.
New chief executive John Flint has bought himself some breathing room to deliver the bank’s return-to-growth mode
As Carlos Torres Vila and Onur Genc take over, BBVA’s markets may still surprise more than its strategy.
With conditions far from helpful, the French bank has a lot riding on initiatives designed to grow its corporate and institutional bank
Every reported number in 2018 from CCB was impressive.
After a good result in its core areas, Barclays is setting its sights firmly on a better future for its investment bank in Europe.
Profits are up, but the markets hits it – for good and bad – for being the bank/tech hybrid Gupta has modelled.
The political tune of 2018 was not to UniCredit’s taste.
The bank has gone from strength to strength and its tech firepower makes it hard to dislodge.
Itaú is performing well, but faces challenges in its corporate banking unit.
Which bank chief executives are raising a glass to a successful 12 months? How are the newcomers to the party settling in? Who’s hiding in the corner, drowning their sorrows? And will 2019 be a year of feast or famine? Euromoney reveals all in its progress reports for the Class of 2018
It’s growing in areas such as equity derivatives, Africa and digital banking.
With its focus on SMEs, the bank is well set to grow with the Brazilian economy
Here is a firm looking to make opportunities out of some tough trials.
Management is confident that its long-term positioning will serve shareholders well.
Like most of its big US peers, Citi had a strong run in 2018
Bullish chief executive is still struggling to convince the markets that his plan will work in the long term
Regional difficulties have tested QNB’s resilience, but the bank has managed to consolidate its position at home and maintain its international strength.
Numbers are solid and money is flowing into the system, but ICBC must avoid the temptation to drift from its conservative approach to risk.
With asset prices high, RBC has made a virtue of a focus on the organic build of its footprint, with tech as important as ever.
New investigations into the troubled bank evoke bad memories.
When a plan comes together, there is a danger that complacency can creep in at any bank.
Investors will be watching closely for indications of what Andrea Orcel will do as chief executive.
The UAE’s largest bank is widely considered to have made a success of its merger and is now looking to realize its international potential.
The bank is delivering a strategy for the post-crisis world.
Any bank with a gross NPL ratio of 27.5% has a problem – Italy’s Banca Carige can’t avoid insolvency unless it comes up with a radical solution, fast.
A swingeing new bank tax in Romania is inequitable, misconceived and just plain dumb.
When Sri Lanka, a key link in the Belt and Road Initiative, sold China a deep-water port in exchange for debt alleviation, it raised eyebrows around the world – yet Colombo continues to borrow from Beijing even as its fiscal situation worsens.
China’s Belt and Road Initiative is trumpeted as a ‘win-win’ for all, but is it everything it’s cracked up to be? Or are countries on its route, wary of Beijing’s motives and fearful of being trapped by debt to China’s big development banks, losing faith in the plan?
Warning sirens are sounding about the level of debt Djibouti owes to China for Belt and Road projects.
As Mario Draghi begins his victory lap before stepping down as president of the ECB in October 2019 and his colleagues get down to the serious business of competing for the succession, they will no doubt give thanks that they do not face trial by Twitter in the same way as Federal Reserve chairman Jay Powell.
As Mifid II and shrinking margins pile pressure on single-country firms in Europe, Kepler Cheuvreux is an equities mirror for how Amundi has grown a multi-local asset management platform.
Resignations of directors after shareholders failed to approve a capital increase prompt an early intervention