News and opinion on finance

ECR survey results Q2 2020: Covid-19 crisis increases the economic and political risks for US, Japan, Europe and EMs

The shock resulting from the lockdown measures taken to stop the spread of coronavirus is once again dominating the global risk picture, causing analysts to downgrade key economic factors in second quarter ...
Read More

Investment opportunities, not drawdowns, are the biggest challenge for sovereign funds

One of the curiosities of the Covid-19 pandemic, and the economic carnage it has wrought, is that it has not prompted countries to draw down on the funds they have built to ...
Read More

Hong Kong: BEA and Elliott show solidarity but doubts linger over bank’s future

David Li, chairman of Bank of East Asia Bank of East Asia (BEA) and activist shareholder Elliott Management put a long-running legal dispute on hold, announcing a strategic review of the Hong ...
Read More

Asia is the new battleground for European transaction banking

Asia is the fastest-growing transaction banking market globally, as banks vie for cash and trade business beyond their core remit. European banks are particular attracted to the region, as corporates based in ...
Read More

Banking: New decade, similar problems

How does the banking industry look as we enter a new decade? It’s worth taking a look back at the one that just finished before we do that. January 2010 was still ...
Read More

Bancassurers are thriving again, but for how long?

It’s not meant to be like this. In the new digital world, banks are supposed to be financial supermarkets, developing internationally transportable distribution platforms with high-value third-party products. Even loans and deposits ...
Read More

Israel sells $3 billion bond as regional tensions abate

Just days after a deadly airstrike on Iranian general Qassem Soleimani shook the markets, Israel sold a $3 billion Eurobond to investors who say that, despite early fears of an imminent escalation, ...
Read More

Wirecard: Philippines’ anti-money laundering chief explains the investigation

Can you bring me up to date with what you’ve established so far about how the Wirecard situation links to the Philippines? First, the statement from the governor [Bangko Sentral ng Pilipinas ...
Read More

How Handelsbanken reclaimed its status as the post-crisis ideal

If any European lender has had a good 2020 so far, it’s Handelsbanken. Sweden’s second biggest bank was the ideal of a more cautious, consistent and focused business model after the 2008 ...
Read More

Foreign exchange: Banks deal with volatility from home

Since the global financial crisis, most FX markets have enjoyed a decade of extremely low volatility. While there have been initiatives around regulatory compliance, the market has otherwise been quiet, with volatility ...
Read More

Coronavirus crisis: China steps back from stimulus

At the height of the global financial crisis (GFC), China staved off recession by turning the dial on stimulus up to 11. This time around, with Western governments pledging trillions of dollars ...
Read More

Coronavirus: Urgent need to adapt will push tech solutions in transaction banking

Lisa Robins, global head of transaction banking at Standard Chartered, vividly remembers the September 11 terror attacks on New York’s twin towers and what followed. At the time, Robins lived in New ...
Read More