Impact banking: Bank of America – not too big to care

Impact banking: Bank of America – not too big to care

Over the last two years, Bank of America has been overhauling its low-to-moderate income business, redesigning branches and products, improving employee retention and working with community partners, but will the bank get the credit its actions deserve?

SocGen scales back ambitions in CEE

SocGen scales back ambitions in CEE

While others race for scale in the region, Société Générale has become the first of the big regional groups to dismantle its network voluntarily.

Emerging Europe: Sovcombank’s star rises

Emerging Europe: Sovcombank’s star rises

Five years ago it was a niche player specializing in consumer loans for the elderly – today Sovcombank is one of Russia’s largest privately owned banks, with a clutch of new shareholders from China and the Gulf.

Impact banking: Erste – the social banking network

Impact banking: Erste – the social banking network

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

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.

Meet the champions of global impact banking

Meet the champions of global impact banking

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.

FX Survey 2018: Banks go back to nuts and bolts

FX Survey 2018: Banks go back to nuts and bolts

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.

BNDES embraces  its evolution

BNDES embraces its evolution

The blueprint for BNDES is for a development bank that partners with the private sector to facilitate more socially beneficial projects while using less capital.

Mifid implementers run head first into GDPR

Mifid implementers run head first into GDPR

Collect everything and store it for ever, or only collect some data and destroy it as soon as possible? That is the question facing bank compliance officers struggling with Mifid II and GDPR.

Why the FX pool is still hard to navigate

Why the FX pool is still hard to navigate

The forex market may have had a quiet 2017 with no big market dislocations, but liquidity is not as deep as it once was, while the buy side is becoming more discerning, driving changes in trading behaviour.