Mediobanca

Mediobanca's Nagel faces his critics

December 10, 2019
By DOMINIC O’NEILL

Leonardo Del Vecchio’s arrival as the biggest shareholder in Mediobanca caught CEO Alberto Nagel off guard, stirring debate about Nagel’s handling of the bank’s stake in Generali.

Messina battles to keep Italy

Messina battles to keep Italy's crown

December 10, 2019
By DOMINIC O’NEILL

Intesa Sanpaolo chief executive Carlo Messina bristles at the idea that Italian finance should be an underdog in Europe.

Russia Inc focuses on ESG

Russia Inc focuses on ESG

December 05, 2019
By LUCY FITZGEORGE-PARKER

Sustainable financing is gaining ground in corporate Russia as firms look to improve their environmental, social and governance policies ‒ but can the country’s notorious polluters really go green?

How Bruce Van Saun rebuilt Citizens Financial

How Bruce Van Saun rebuilt Citizens Financial

December 05, 2019
By PETER LEE

When RBS floated Citizens Financial in 2014, it was the biggest bank IPO since the financial crisis and investors were sceptical of its prospects ‒ five years on and RoE and EPS have doubled, the stock trades at a premium, and the bank has shown it can compete with bigger US banks and non-banks alike.

It’s securitization, but not as we knew it

It’s securitization, but not as we knew it

December 04, 2019
By LOUISE BOWMAN

The dynamics of the US securitization market have changed beyond recognition, while the role of banks in ABS has evolved too; the excesses of the past have gone and securitization is now a safe and reliable funding tool for consumer lending.

Securitization: Banks face up to student loans time bomb

Securitization: Banks face up to student loans time bomb

December 04, 2019
By LOUISE BOWMAN

Concern is again growing over unsustainable lending to over-leveraged borrowers, financing vastly overpriced assets that are subsequently securitized; only this time it isn’t mortgages – it’s student loans.

Securitization: RMBS gears up for windfall

Securitization: RMBS gears up for windfall

December 04, 2019
By LOUISE BOWMAN

A deep and sustainable private-label RMBS market has always eluded the US thanks to the insuperable competitive advantage enjoyed by the GSEs; that could change if plans to remove these guarantees for higher-risk mortgages go ahead.

Crunch time for Japan’s banks

Crunch time for Japan’s banks

December 04, 2019
By CHRIS WRIGHT

Squeezed by negative rates on one side and an ageing population on the other, Japan’s banks have never had it so tough.

Lowy warns on India ‘financing catastrophe’

Lowy warns on India ‘financing catastrophe’

November 11, 2019
By CHRIS WRIGHT

It was a bold call to launch a specialist credit business in Asia in 2009, but SC Lowy celebrates its 10th birthday as an established figure in distressed debt and high yield not just at home but also increasingly in Europe.

fROM THE ARCHIVE

Strobl lights up Raiffeisen’s recovery

Strobl lights up Raiffeisen’s recovery

March 05, 2018
By LUCY FITZGEORGE-PARKER

Three years ago, Raiffeisen Bank International was on the casualty list – today it is again one of the best-performing banks in Europe.

Fintech: Up bit creek

Fintech: Up bit creek

February 05, 2018
By CHRIS WRIGHT

A bitcoin conference on a Thai beach, part of a cryptocurrency cruise, is quite a thing.

The Euromoney 25

The Euromoney 25

December 20, 2017

Euromoney assesses the performance of 25 banks from around the world in a new series of progress reports

ESG: the stewardship revolution

ESG: the stewardship revolution

November 30, 2017
By HELEN AVERY

The 2017 US proxy voting season was historic: the world’s two largest asset managers backed shareholder resolutions on climate-risk disclosure.

Can finance save the world’s vulnerable nations?

Can finance save the world’s vulnerable nations?

September 15, 2017
By CHRIS WRIGHT

There are so many challenges related to climate change, so many disparate actors required for their remedy and so much money required to do it, that it is tempting to see the whole situation as unfixable.

Making sense of Belt and Road – What it means for banks

Making sense of Belt and Road – What it means for banks

September 26, 2017
By CHRIS WRIGHT

China’s Belt and Road Initiative is so vast and ambitious it can be difficult to understand how it will all work in practice – what makes a BRI undertaking, how will they be funded, will they be trophy projects or on commercial terms, how are they originated? – so Euromoney spoke to 16 institutions all looking at BRI from their own different perspectives.

Barclays: Can Jes do it?

Barclays: Can Jes do it?

June 02, 2016
By MARK BAKER

Six months ago, Jes Staley took on a job that many of his peers said they did not envy.

Fintech 2016: The fintech revolution gathers momentum

Fintech 2016: The fintech revolution gathers momentum

May 05, 2016
By PETER LEE

After a record year for fund raising, large fintech companies are now emerging in marketplace lending and payments, with many more newcomers deploying venture capital money raised in $25 million to $50 million chunks to transform capital markets and traditional banking mainstays such as mortgage lending.

BNP Paribas breaks cover as Europe’s best bet

BNP Paribas breaks cover as Europe’s best bet

March 02, 2016
By MARK BAKER

BNPP’s latest strategic update for its corporate and institutional bank might have fallen short of the expectations of a market now used to the wild lurches of rival European firms, but to dismiss this as mere tinkering would be a mistake.

Banking: Portugal’s bail-in bombshell

Banking: Portugal’s bail-in bombshell

January 20, 2016
By LOUISE BOWMAN

Portugal’s central bank had very few options when it decided to bail-in senior bondholders of Novo Banco at the end of last year.

Barclays' identity crisis

Barclays' identity crisis

June 04, 2015
By PETER LEE

One year on from its big restructuring announcement, Barclays is still struggling to convince that it has found the right model.

Revealed: The truth about Barclays and the Abu Dhabi investment

Revealed: The truth about Barclays and the Abu Dhabi investment

May 29, 2013
By CLIVE HORWOOD and ERIC ELLIS

Amanda Staveley earned an astonishing £30 million fee for her role in helping to secure Abu Dhabi’s £3.5 billion investment in Barclays in 2008, a deal on which Sheikh Mansour made a profit of more than £3 billion.

The week Wall Street went into meltdown

The week Wall Street went into meltdown

September 23, 2007
By PETER LEE

In the week of August 13 participants in the financial markets – credit traders, equity investors, heads of repo desks, hedge fund managers, risk controllers, originators and capital markets bankers, credit strategists, treasurers, chief financial officers – began to lose faith in the financial system itself.

Have Wall Street banks gone subprime at the wrong time?

Have Wall Street banks gone subprime at the wrong time?

November 27, 2006
By ALEX CHAMBERS

Wall Street is praying that the US economy will land softly now that the Federal Reserve has pricked the housing market bubble, because it will be bad news for mortgage origination if house prices stall for long or, even worse, fall.