Home truths from emerging markets

Home truths from emerging markets

It has been a challenging few years in emerging market banking, so it is hard to blame lenders for wanting to put a positive spin on difficult situations.

China: A song and dance for Belt and Road

China: A song and dance for Belt and Road

China’s landmark Belt and Road Forum – not, we are told, to be abbreviated as Barf – has been hailed as a success for the country’s sprawling infrastructure agenda.

Brexit: Relocating? Let me call my cousin

Brexit: Relocating? Let me call my cousin

The one-year anniversary of the UK vote to leave the European Union is fast approaching and still most banks clustered in London haven’t disclosed plans to relocate staff to deal with EU clients, senior management to answer to regulators, or even any support staff.

Banking: German compliments

Banking: German compliments

In the small German city of Bochum on March 31, Bundesbank executive board member Andreas Dombret made a heartfelt paean to Rolf Gerlach, exiting president of one of Germany’s savings banks associations, at the latter’s leaving do.

Regulation: Volcker rules don’t apply

Regulation: Volcker rules don’t apply

On April 21, Donald Trump directed his treasury secretary, Steven Mnuchin, to begin the administration’s long anticipated attack on the Orderly Liquidation Authority, created as part of the 2010 Dodd-Frank Act to ensure the smooth management of US banks at risk of failure.

Regulation: Don’t push me!

Regulation: Don’t push me!

Who’d be a regulator? David Tweedie, who was chairman of the International Accounting Standards Board for a decade right through the global financial crisis, knows more than most about the challenges involved.

Hip-hop banking: Atomised

Hip-hop banking: Atomised

Rumours that hip hop musician will.i.am might be about to announce a tie-up with UK start-up Atom Bank raises the intriguing possibility that the man behind classics like Elephunk might be about to make board meetings even cooler than they presumably already are at the mobile-only bank.

Banking: Divine inspiration

Banking: Divine inspiration

Lloyd Blankfein may think that Goldman Sachs’ bankers have a monopoly on doing God’s work, but HSBC seems to be giving the US firm a run for its money.

IDB: Paraguay’s ahead of the game

IDB: Paraguay’s ahead of the game

The Inter-American Development Bank’s decision to hold its annual meetings in Asuncion this year has been well received domestically as validation of Paraguay’s strong recent economic growth and free-trade policies.

Smith’s Asia travails extend to his house

Smith’s Asia travails extend to his house

The considerable wealth of Mike Smith, former ANZ CEO and long-time HSBC globetrotter, is a subject of some contention among Australian investors who feel he earned a ton of cash for eroding shareholder value during his time at the helm of the Australian bank.

Bitcoins you can grab

Bitcoins you can grab

Bobby Lee, co-founder and chief executive officer of BTCC, the Shanghai-based bitcoin platform and second-largest bitcoin exchange in the world, certainly stole the show at London blockchain week, a series of conferences held in late January.