BTG Pactual: if it’s fixed …
BTG Pactual has been reborn since the arrest of previous CEO André Esteves in 2015. BTG Pactual’s recovery from a near-fatal bank run in 2015 has been spectacular: indeed, last month the bank won this magazine’s award for the best...
New rating agency aims to save European SMEs from worst effects of Basel III
In July, Europe’s first certified credit rating agency for small and medium-sized enterprises (SMEs) was launched, holding out the promise that as many as 25 million SMEs across Europe may be able to obtain corporate ratings, which have traditionally been...
Where is Goldman Sachs heading?
Goldman Sachs’s second quarter was not a stellar one for investment banking – the traditional mainstay of the firm – and the firm might have raised eyebrows by its admission that its transaction backlog had fallen. This being Goldman, however,...
Inbotiqa cuts operational risk using AI to manage business email
There is so much excitement around the potential for artificial intelligence and machine learning in finance to transform the way credit is priced, capital is allocated and products are sold that it requires a clear head to separate the conceptual...
SquareBook aims to fix the IPO process
A new electronic IPO bookbuilding process has received regulatory approval from the UK’s Financial Conduct Authority (FCA). SquareBook, founded by Richard Balarkas and Joe Sluys, aims to remove what it calls “the conflicts of interest inherent in the current bookbuilding...
FX: Different testing no guarantee of better outcomes
Advanced simulation models are not a recent phenomenon – they have been used for many years in disciplines such as climatology and physics to study ‘what if’ scenarios. But increased availability and affordability of computing power have brought these techniques...
Country risk: Czech Republic safety is called into question
Locked into a low risk profile, prospective dangers are coming into focus Contrasting with many of the other markets in central and eastern Europe, the Czech Republic was downgraded in the second quarter of 2019 by experts contributing to Euromoney’s...
Facebook’s Libra could disrupt the global financial order
By: Published on: Thursday, July 25, 2019 For now, the world’s banks are nervously watching Facebook’s move into payments, but one day they may even come to depend on it for their funding. Signal2forex reviews
Deutsche Bank reports big loss from accelerating restructuring charges
Deutsche Bank reported a heavy net loss for the second quarter of 2019 of €3.1 billion, after taking €3.4 billion of charges for the transformation it announced on July 7, which will see it exit secondary equities and scale back...
EBRI Q2 results: Putin joins the party as Russia steps up a gear
Shaky start: But now Russian president Vladimir Putin is more involved with Chinese president Xi Jinping’s BRI plans Russia is lower in the rankings than other oil producers Bahrain, Malaysia, Saudi Arabia, Qatar and Kuwait, but its improvement is significant...