North America

The economic collapse now spreading as fast as the coronavirus requires credit channels to be kept open, but it needs precious funding to flow through them even more.

UPDATED March 20: Corporate bond market volatility returned with a vengeance in early March as the coronavirus struck. Will the growth in ETFs, together with advances in portfolio trading, mean the market is better able to cope with crisis than before?

True innovators look for new data points to predict delinquency, as traditional credit raters load more transaction history into their scoring models.

The move to treasury and trade solutions is designed to bring cash management and trade businesses closer together.

The government’s response to the lack of financial inclusion is to build thousands of new banks throughout the country, but it faces a big challenge in weaning potential customers away from the black economy.

P2P currency matching has had yet another makeover with the introduction of a service focusing on the swaps market rather than spot flow.

The cryptocurrency has surged in 2020, as investors worry that coronavirus-exposed equity and bond markets are set to crash.

It has taken the climate crisis to bring our collective focus onto the role of financing and the role of banks.

The big acquisition makes strategic sense as a bet on convergence between high net-worth financial advisory and self-directed trading, but M&A deals can founder on culture.

JPMorgan doesn’t do things by halves; it has just moved almost everyone at the top of its investment bank and created what amounts to an internal boutique.

Margin pressures on buy-side clients such as asset managers have prompted increased interest in outsourced FX solutions, but firms must know exactly what they are paying for.

Should spirituality be one of the lenses through which the wealthy manage their money? Faith-based investors certainly think so. Euromoney talks to funds and wealth advisers who believe that positive energy or religion-driven strategies can bring enhanced returns.

With Santander Brasil registering record profits and Santander Mexico promising the same, the outlook for the group looks Latin. As its European business stalls, how will the bank be affected by Latin America’s shift from engine of growth to core business?

The Federal Reserve’s current balance sheet expansion is handing trading profits to big banks.

Markets need more sophisticated measurement criteria to cope with the surge in demand for ESG integration.

The 150-year old bank looked inspired by Apple.

Some organizations, drawn in by irresistible fees, can’t resist working with high-risk clients – but technology might offer a solution.

The investment bank will no longer IPO firms without diverse directors.

The investment banking co-head is proud of his RoE, while the securities team seems subdued about the task ahead.

In applying for exemption to the requirement to disclose an ETF’s portfolio, Goldman Sachs joins a small group of firms testing a new approach.

Expect the unexpected with the former PM at a Vegas bunfight.

FASB chair grilled by US lawmakers over implementation cost of new accounting rules.

Dealmakers are optimistic about a pick-up in large deals and outbound M&A from Europe this year, but the need for regional consolidation is more urgent.

The asset manager has decided to pull investment from firms that don’t make sufficient progress on ESG disclosure while it routinely votes against climate-related shareholder resolutions itself.

The traditional debt specialist is aiming to round out its growing European franchise with an equity capital markets advisory business.

Calm in the money markets over the new year will not silence growing calls for the Federal Reserve to provide a standing repo facility.

The premium price for its acquisition of Plaid shows Visa’s determination not to be left behind in the fintech-led transformation gathering pace across financial services.

Welcome to the 2020s.

The investment bank’s move into new business lines is proving tougher and more expensive than expected.

The world-leading bank aims to stay big with long-term investments, no matter what difficult conditions the market throws up.