Banks forecast brighter Mexico outlook

Banks forecast brighter Mexico outlook

By ROB DWYER

With presidential elections and the threat to Nafta hanging over Mexico, international investors pared risk to the country and deal flow slowed. Finally, clarity is returning and the prospects for capital markets activity are looking better. But could Amlo’s presidency change prospects?

Outlook darkens for the Gulf’s competing powers

Outlook darkens for the Gulf’s competing powers

By OLIVIER HOLMEY

In early 2016, the Middle East’s two largest countries looked set to become the world’s most vibrant frontier markets. Two years on, many bankers doubt that either Iran or Saudi Arabia can live up to these expectations.

Calling the top for real estate?

Calling the top for real estate?

By LOUISE BOWMAN

Banks and non-banks are battling for market share in a property market that finally seems to be slowing down in the face of multiple headwinds.

Watch out world, here come Chinese government bonds

Watch out world, here come Chinese government bonds

By ANDREW CAPON

As Chinese bond markets are set to be included in indices for the first time, a big change is coming to the global financial system. Chinese government bonds could become the new Bunds in portfolios, but Xi Jinping might have bigger targets in his sights.

US regional banks weigh scale as predators circle

US regional banks weigh scale as predators circle

By LOUISE BOWMAN

By increasing the size at which a US bank is deemed to be systemically important to $250 billion, the Trump administration has unleashed a wave of merger activity among the country’s regional banks. This is the fervent hope of the investment bankers waiting to do the deals, but the reality might turn out to be rather more complicated than that.

Impact banking: Erste – the social banking network

Impact banking: Erste – the social banking network

By LUCY FITZGEORGE-PARKER

The transition to capitalism has brought prosperity to much of emerging Europe but left large sections of society struggling to catch up – now Austria’s Erste Group is going back to its roots to bring prosperity to the region through social banking.

Impact banking: Vancity – delivering on the triple bottom line

Impact banking: Vancity – delivering on the triple bottom line

By HELEN AVERY

Vancity is the largest credit union in Canada, but by 2007 it was acting like a commercial bank – yet now, after steering every part of the business back to being mission-based, it is delivering record profits, lower risk, new membership and improved employee engagement. Has it shown that the ‘triple bottom line’ of people-planet-profit can be achieved?

Impact banking: Microfinance comes of age in Kyrgyzstan

Impact banking: Microfinance comes of age in Kyrgyzstan

By LUCY FITZGEORGE-PARKER

Over 20 years after microfinance first arrived in Kyrgyzstan, the largest players are transforming into banks to lower funding costs and increase financial inclusion. Can they convince the country’s farmers to put their cash into banks instead of cows?

Impact banking: Triodos – a banking ethos that works for all?

Impact banking: Triodos – a banking ethos that works for all?

By HELEN AVERY

Triodos Bank is probably the most sustainable bank in the world. Behind every decision it makes – the loans and investments it underwrites, the people it hires, the suppliers it uses, the way it reports and the way it serves its stakeholders – lies sustainability. It also makes a profit. Is it a model for the broader industry?

Meet the champions of global impact banking

Meet the champions of global impact banking

By HELEN AVERY

Any important new market needs its innovators, cheerleaders and pioneers… As banks try to build more responsible and sustainable businesses, these are the champions of impact banking at 10 of the world’s biggest firms. From green and blue finance to financial inclusion and social banking, they are leading the way and setting an agenda for others to follow.

Impact banking: Can this generation of leaders change banking for good?

Impact banking: Can this generation of leaders change banking for good?

By HELEN AVERY and PETER LEE

From the United Nations and the European Commission to customers and shareholders, the world’s banks face increasing pressure not only to consider their broader role in society but also to take actions that have a positive impact on it. There is no doubt that most chief executives take this challenge seriously. Whether they take it far enough remains to seen.

Inside European banking’s great digital experiment

Inside European banking’s great digital experiment

By DOMINIC O’NEILL

Bank chief executives in Europe are increasingly obsessed with their new or rebooted digital arms. These businesses promise to fend off new competitors and capture a next generation of clients, while piloting front- and back-office innovations. They could even offer the best chance of expanding in the eurozone, making banking union a reality. But will these investments merely play into the hands of the new rivals and hasten the banks’ decline?

fROM THE ARCHIVE

Fintech: Up bit creek

Fintech: Up bit creek

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

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

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?

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

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.

Fintech 2016: The fintech revolution gathers momentum

Fintech 2016: The fintech revolution gathers momentum

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

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.

Barclays' identity crisis

Barclays' identity crisis

By PETER LEE

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

The week Wall Street went into meltdown

The week Wall Street went into meltdown

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?

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.