Albert Essien has brought much-needed calm to a bank that, just a few months ago, was in crisis.
The country’s banks will not be able to shoulder the debt burden of its planned infrastructure programme.
Politicians have promised that reform is on the way.
With volatility returning to bond markets, investors are fretting once more about illiquidity.
Stock exchange consolidation is back in focus in emerging Europe after the appointment of a new head for the Warsaw bourse.
The time when international fund managers saw Latin America as a homogenous investment call is gone.
There’s no doubt mobile money is Africa’s future, but who is best equipped to benefit most: the telcos with their networks, or the banks with their products and service? And why are they fighting when they could be cooperating?
Participants in the European high-yield market say the collapse of Phones 4U, which left PIK-note holders wiped out, was a one-off event.
Agence France Locale is making a €1 billion benchmark debut in November.
Agencies such as Kommuninvest, Munifin and KommuneKredit might not be the best known in the capital markets.
Bankers in Lisbon say the demise of BES is a watershed moment for the country: the turning point when old Portugal became new Europe.
Ricardo Salgado went to war with a rival pillar of the Portuguese business establishment in his frantic efforts to shore up Espírito Santo group.
After barely a year in the job Danske’s CEO Thomas Borgen is overseeing a revival in its fortunes.
The country’s financial regulators are playing hardball on minimum regulatory capital requirements, mostly because of mortgage risk weights.
Argentina’s president has tried to circumvent a New York ruling that caused it to default for the second time in 13 years.
China is pushing it as a way for Asia to free itself from the institutions of the west.
Mexico’s government has introduced a swathe of structural reforms that aim to cut key input costs in the economy, arrest deteriorating productivity and improve the country’s long-term growth rates.
Reserve Bank of India governor Raghuram Rajan is battling inflation and crony capitalists to open a new chapter in the Asian superpower’s growth story.
Often touted as having the region’s best growth prospects, the nation is struggling to make sure those hopes come true and aren’t dashed by poor foundations.