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.

With a spike in volatility and the opportunity to consign conduct issues to the past, this might have been a turning point for global FX, but faced with a range of challenges, many market makers are retreating to core competencies.

…if you’re big, fast or specialized in modern foreign exchange.

As international financiers rush into Saudi Arabia, they are asking if the Kingdom can deliver on its grand promises.

As cities around the US see populations increase, so the smaller banks that serve low- to moderate-income urban families are being squeezed out.

With the election of Cyril Ramaphosa, there is a new sense of optimism in the country.

Oil prices and currency controls created opportunities for some banks, which reported bumper gains from FX and fixed income last year, but no one is expecting a repeat of that.

Now Mugabe is gone, one of the poorest nations in southern Africa can see the first signs of interest from international investors, but a chaotic currency regime, heavily indebted economy and looming elections are turning initial euphoria into cautious optimism.

While most countries have adopted e-wallets and mobile banking as a result of technological innovation and evolution, Zimbabwe was forced into it because of a financial crisis.

South Africa’s new deputy finance minister took a tough stance on corruption under former president Jacob Zuma – now Mondli Gungubele talks to Euromoney about the embarrassing Zuma years and the Ramaphosa government’s plans to turn the economy around.

Khorgos, a new state-of-the-art port in the middle of the Kazakh desert, sums up the grand ambitions of the Belt and Road Initiative.

Appetite for acquisitions in the outperforming economies of emerging Europe is booming, despite political concerns.

It is one thing to simplify a business plan but quite another to execute it.

Banks already have the largest attack surfaces and face the widest range of attackers and attack types of any businesses.

Risk management is in banks’ DNA.

The cybersecurity challenge has forced banks to hire a new breed of professional, often from national security services.

With the most complex of supply chains, banks face an almost impossible task in dealing with third-party cybersecurity risk.

Fund managers understand that cybersecurity is one of the biggest threats to banks.

Soviet military bunkers in Kazakhstan and portable houses in Siberia linked up to the plumbing: Bitcoin mining is moving in some interesting directions that will become even more diverse as China cracks down on its domestic industry.

Tahira Raza was among Pakistan’s pioneering FWB's first employees 30 years ago, with a mission to advance female empowerment in the country.

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.