North America

One perk of interviewing banks about sustainable finance has to be the building tours taking in recycled carpets and in-building power plants, but it is not often that you get treated to a rooftop tour of bee hives.

Euromoney was an accredited reporter at the Trump-Kim North Korea-US summit in Singapore in June.

Equity capital markets moves at Citi and BAML say more about the two firms than they do about ECM.

One big deal might kick off a new round of mergers, but the risk of over-paying remains.

Deutsche Bank’s failure of the recent Federal Reserve stress tests drew attention, but while the regulator was happy to kick the battered European bank while it is down, this was in stark contrast to its treatment of favoured home-town players Goldman Sachs and Morgan Stanley.

Europe may not be enough after Trump’s withdrawal from the Iran deal.

A wave of regional mergers will be the nail in the coffin of the small banks and credit unions.

Private equity house takes stake in UK payments processor

As treasurers and banks grapple with the arrival of real-time payments and open banking, tech companies are looking at the next phase of payment developments.

Higher merchant fees are creating issues for corporate treasurers, who are concerned with the lack of alternatives in the market.

As they rapidly lose market share, investment banks must evolve their capital markets businesses.

Goldman Sachs delivered strong first-quarter trading results that were followed by a reorganization of the management of its securities division.

The coming move towards a Volcker Rule 2.0 that relaxes monitoring of proprietary risk taking by bank dealing desks has been portrayed as a result of president Donald Trump’s administration finally placing its preferred officials in key regulatory positions.

Banks face a payments dilemma of either collaborating with fintechs or developing systems in-house, and the same issue is now arising in the approach to regulation and the best way to digitize compliance.

AT1 contingent capital bonds are entering their second generation; issuers have begun refinancing the $200 billion asset class, but just two years ago the market looked close to collapse. What took it to near disaster? And how did it escape?

As cities around the US see populations increase, so the smaller banks that serve low- to moderate-income urban families are being squeezed out. New York is no exception. Financial inclusion is at risk of becoming an urban myth.

With six months to go before money market reforms are imposed on all funds in Europe, treasurers hoping to earn a return on their cash are scoping out the best options available.

A soybean trade between two arms of Cargill using letters of credit from HSBC and ING shows the R3 Corda platform is finally set to scale up.

The only assets CFIUS will allow the Chinese to buy are the ones China doesn’t want and won’t allow. What next?

What to do when questions are being asked about the effectiveness of low-trigger CoCos? Issue higher trigger ones, of course.

The challenges of regulatory compliance and cyber protection are making financial institutions think more creatively. Machine learning and greater data sharing might be the future of digital banking security.

WeWork’s debut in the high-yield bond market was helped by investors effectively turning a blind eye to its costs of sales.

Gender pay gap disclosure has arrived in the banking industry, but a movement that aims to bring gender equality across the whole financial sector is just beginning. Euromoney speaks to some of the pioneers.

A senior currency trader fired from Royal Bank of Canada is taking the bank to task at an unfair dismissal hearing that includes accusations of sloppy trading, alleged bribery and an 'incoherent and inconsistent' global FX policy that he claims no one had bothered to read.

It needs to be about more than helping people to move money.

An unusual move by a US regulator threatens to widen a conflict over potential manipu-lation of Hovnanian default swaps by Blackstone’s credit arm GSO.

If the Securities and Exchange Commission (SEC) does decide to weigh in on the issue of whether or not Blackstone’s trading in Hovnanian debt and default swaps constitutes market manipulation, it will revive questions about SEC chairman Jay Clayton’s ties to Goldman Sachs.

The sell side has largely realized the potential of technology to minimize the impact of FX market fragmentation, although experts suggest it could do more to extract value from the data generated by electronic trading.

The prime brokerage market will be hoping for a boost from the imminent launch of BNY Mellon’s new service, which will represent a reversal of the trend for larger banks to leave the space.

The threatened imposition of US-China trade tariffs this week is the most obvious sign of increasing protectionism, resulting in a push towards regional trade, but with consumers prioritizing speedy delivery, the move to source locally has other drivers.