The country’s economy was already weak before a serious drought hit. Now it is broke, and the question in Buenos Aires isn’t whether finance minister Sergio Massa can muddle through to the presidential election at the end of October, it is whether he can make it to the primaries in August before a full-blown financial crisis.

Bankers are hopeful that they may soon be able to issue new AT1 deals again as the secondary market recovers from the Credit Suisse write-down.

Indonesia is one of the world’s brighter prospects right now: growth, demographics, infrastructure momentum, inflation under control, more equity raised in the first quarter in Jakarta than New York. Banks are positioning to benefit – while keeping an eye on next year’s elections.

Extreme FX volatility is proving a challenge for some finance directors who are struggling to minimize the impact on their bottom line.

The standardized approach for counterparty credit risk has not yet proved to be the catalyst for greater use of clearing in the FX market that some expected.

Could trading of US sovereign credit default swaps trigger a global systemic meltdown? Probably not, but default swap shenanigans aren’t helping to calm jittery markets.

Most leading providers of trade finance have welcomed changes to disclosure rules despite research suggesting they could negatively impact demand.

The bank has started the process of choosing a successor to CEO James Gorman just as it tries to settle an investigation into its equity block trading practices. This could pose a challenge for Ted Pick.

Inflation is not beaten and rates may rise further. But high-grade bonds can still provide steady income and low risk, playing a new old role in investor portfolios.

If the UK is to become an international crypto hub, it must focus on bringing regulatory certainty to the industry and the banks that back it.

If Olam Agri’s planned dual-listing IPO goes ahead in June it will have a bit of everything: a Singapore-Saudi listing, geopolitics and sovereign funds jostling to defend their nations against strain in global food security.

Social bonds need to prove they have impact.

As interest rate volatility persists, corporates are taking a hard look at their trade finance options.

Leading firms join a new network of networks, but crypto natives see just another walled garden.

Banks keep up on the record commentary on the rules.

Recent developments in crypto have hardened the view that convergence between digital and fiat currency trading structures is both inevitable and desirable.

Fears were already growing about dangers lurking in US commercial real estate even before the wave of turmoil that has hit banks in the last two months. After the pandemic and a rush of rate hikes, there is little debate that the sector is at a turning point – the question is whether something worse is on the horizon.

The evolution of Brazil’s central bank payments programme could be good news for banks.

As the drumbeat of bad news from the US regional banks grows steadily louder, Euromoney talks to market veterans about the lessons that can be learned from the event that started it all: Silicon Valley Bank’s collapse in March.

As the Gulf IPO boom subsides, will better allocations for international investors, dual listings and better secondary-market liquidity be enough to ensure that the region’s equity capital markets can mature?

UBS’s acquisition of Credit Suisse will further reduce the number of large international private banks in Brazil. Julius Baer has been quick to take advantage of this.

The banking sector appears to be quietly confident that the European Commission will row back on new regulation that, if enacted, could notably increase the cost of some trade-finance instruments.

The US regional banking system has just sustained its third bank collapse this year. Following an initial sharp slump in reaction to the news, bank stocks have continued to fall as short sellers target perceived weakness. Can the sector stabilize as the impact of rate rises on many of these lenders’ business models becomes apparent?

The big transaction banks are becoming increasingly active in the B2B marketplace as they seek to cash in on corporate digital transformation.

Jordan Kuwait Bank has issued the country’s first green bond, a key milestone for sustainability driven capital investments in the country. But getting momentum going in the sector will be an uphill battle.

US banks have seen $1.1 trillion in deposits flee the system over the past year. Much of this wound up in money-market funds that offer higher returns and the promise of safety and stability at a time of rising uncertainty. How dangerous is this for US lenders, and what can they do to convince flighty deposits to return to the banking system?

The collapse of Silicon Valley Bank has fuelled an abrupt end to venture-capital exuberance. There are vital implications for fintech and for the banking industry.

JPMorgan has cleaned up in a deal that sees the regulators waive their own cap on 10% deposit ownership.

A curious disruptive technology group proudly announced an investment by Temasek. The problem: it wasn’t true.

JPMorgan’s AI model to interpret central bank messaging came out just as it emerged that Jerome Powell had been pranked into discussing policy with Russian provocateurs. Euromoney’s distinctly obvious heuristics model (D’Oh!) might be needed.

Relative winners after a year of interest rate hikes include Bank of America and Citigroup. Losers are led by regional US banks, while alternative asset managers argue that higher rates present a historic opportunity.

Pouncing on a firm with lots of corporate broking relationships at the low point for IPOs is a smart trade.

The acquisitive fintech group reckons it can accelerate the transition from legacy FX technology by making it easier for tech firms to get their products to market.

Growing treasury demand for advisory services from banks suggests that investment in predictive analytics applications at the latter is starting to bear fruit.

UBS will face pressure to spin off Credit Suisse’s Swiss bank and may yet lose more private-banking assets. Coping with this will make managing down illiquid and hard-to-value markets positions look easy.

How on earth, in this environment, did the bank deliver one of its best-ever quarters in Asia?

The cost of regulatory capital associated with lending will keep rising after the recent scare over deposit flight and the coming credit downturn. The solution for banks is to reduce risk-weighted assets on their balance sheets by buying protection from credit funds eager to diversify away from leveraged loans.

Proceeds raised in the first three months of this year were 99% lower than the amount raised at the start of 2021.

The French investment bank is taking a bet on a double-edged blockchain technology to stay ahead of both the tokenization and sustainability trends.

The French bank joins HSBC, DBS and others in setting up a full-service wealth management offering in the stable southeast Asian country, with all transactions booked in nearby Singapore.

Tech-related bank deals can still get away, but investors call the shots now.

The recent spate of deposit flight that spread panic through the banking systems of the US and Europe opens a chance for non-bank lenders to seize more of the core businesses that banks want to retain. Central bank emergency measures may have prevented the crisis from spreading, but a new phase of disintermediation has begun.

The chair of Ping An Asset Management has called again for the break-up of HSBC and spin off of its Asia assets. His argument is a strong and valid one; his problem is that none of the bank’s other main shareholders seems to care.

Standard Chartered’s new chief sustainability officer is not shying away from the reality of what the energy transition looks like in emerging markets.

The country’s banking system seems as solid as ever, but its banks are seeing an uptick in delinquencies that could spin out of control.

Australian banks adore residential mortgages. But they are ignoring a cohort of people who are going to run into a lot of trouble with repayments.

Marketplace lending providers are pinning their hopes on challenging economic conditions to persuade investors that they can disrupt the lending market.

Disagreement over where US interest rates are going has split opinion on overall prospects for emerging market currencies.

Rethinking liquidity regulation would be better than a regulatory backlash that imposes an even greater liquidity burden on banks. History offers some lessons on how that might be done.

A flurry of collaborations and the acquisition of Nivaura’s technology is putting NowCM in a key position in the digital capital markets ecosystem. Its focus on real-time issuance and its ownership of a regulated marketplace may have just become even more relevant.

Turkish airline Pegasus hopes an innovative funding solution tied to sustainability targets will help it increase capacity despite challenging market conditions.

The two bank’s investment banking franchises look enticingly well-matched. But how much business and how many bankers will still be around after the merger?

With the advent of its strategic alliance with Japan’s Mizuho Financial, Lombard Odier now has wealth management tie-ups in seven Asia countries, with the promise of more to come.

Central limit order book venues have done well during the past 12 months, but it would be premature to view this as a permanent shift in trading preference.

Twinco Capital facilitates access to sustainable funding by focusing on pre-production finance.

The last broker-dealer was always going to feel the pain of a continuing capital markets slowdown, but sales and trading has provided a useful fillip.

Commercial real-estate losses will not greatly damage big banks in Europe, but the banks themselves could inflict real damage to commercial real estate.

Rising interest rates have driven demand for more efficient liquidity structures.

Risk-sharing mechanisms could help drive confidence in the voluntary carbon market, but insurance products are scarce.

As soon as the ink was dry on the agreement to take over Credit Suisse, UBS chairman Colm Kelleher rushed to bring ex-CEO Sergio Ermotti back to run the bank and the deal. Execution risk is off the charts, and the nerves of shareholders, employees and taxpayers are jangling.