Reality bites for Singapore banks but diversification dims the pain
DBS CEO Piyush Gupta says: ‘If people feel they can’t travel, they don’t spend’ The headline numbers were ugly...
Country risk: Ghana remains a safe bet ahead of its elections
Ghanaian fishermen: Riding the waves, much like their country As in other countries, Ghana is having to cope...
Commerzbank: How Zielke and Schmittmann’s positions became untenable
Commerzbank’s chairman Stefan Schmittmann and chief executive Martin Zielke The joint resignations of Commerzbank’s chief executive Martin Zielke...
Sovereign bonds: Give us an E, give us an S… but maybe hold the G
If their own research is to be believed, the world’s largest asset managers are fully seized of the...
Santander’s positivity is an outlier in Brazil
A Santander office gleaming in the São Paulo sunshine As the first of Brazil’s big banks to report...
Digital disbursements plug gaps left by Covid-19 relief effort
The global lockdown has forced millions of people to stay at home. Local shops, restaurants and bars are...
German court gives ECB three months to justify sovereign bond purchases
On Tuesday, the German constitutional court delivered a withering verdict on the governance around decisions of the European...
Shifting corporate responsibility to consumer resilience
Nobel-prize winning economist Joseph Stiglitz made the point recently in reference to Covid-19 that the US has created...
IIF says policy fragmentation slowing sustainable finance
The Institute of International Finance (IIF), which has 450 members from banks to central banks, is calling for...
Hong Kong: BEA and Elliott show solidarity but bicker over future
David Li, chairman of Bank of East Asia Elliott Management and Bank of East Asia (BEA) on Wednesday...
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