News and opinion on finance

Will the Beirut port explosion bring about true change in Lebanon?

In Beirut’s Karantina, an area devastated by an explosion at the city’s port on August 4, volunteers have stepped in to help clean up its streets. They are helping the area’s vulnerable ...
Read More

SMEs must manage cash flow better to survive after the reopening

As businesses around the world emerge from lockdowns and hope to rebuild their revenues back towards normal, there’s a new alternative data source to track every step of the journey. Sidetrade, a ...
Read More

Europe’s neobanks search for elusive profit in SMEs and the US

Europe’s neobanks are switching their attention to small business banking and expansion in the US, as they strive for global scale and profitability. Business banking will soon be a bigger revenue earner ...
Read More

RBS: Bó’s closure highlights traditional banks’ digital deficit

Bó, RBS’s digital bank for retail customers, announced in early May it was to close after just six months in business, with only 11,000 customers. RBS’s digital bank for businesses, Mettle, will ...
Read More

Norwegian deal shows depth of turmoil in aviation finance

Norwegian Air’s nail-biting $1 billion debt-for-equity swap with bondholders and lessors on May 4 has given the struggling airline vital breathing room, allowing it to access up to an equivalent of $290 ...
Read More

Foreign investors search for licences and profit as China NPLs rise

China has opened the door wider to foreign funds keen to invest in its fast-growing market for distressed bank debt, allowing them to apply for licences for the first time to operate ...
Read More

Private equity can be the big winner in the Covid-19 bear market

Investors may already be eagerly hunting bargains amid the carnage in the coronavirus bear market One large and powerful group of investors, with plenty of money to put to work, should be ...
Read More

China’s RMB is less popular as it ages

When financial messaging provider Swift published its latest RMB Tracker in late January, almost no one noticed. For good reason. Anyone not focused on US politics or Australian fires was fretting about ...
Read More

Non-bank trade finance providers look to boost market share

Emerging market (EM) manufacturers were facing difficulties even before the coronavirus pandemic decimated international demand for many of their products. The Asian Development Bank estimated that $1.5 trillion of requested trade finance ...
Read More

Longer-term rise in risk is the key problem for US investors

'The broader question is whether the severity will ultimately lie closer to 2008 or the 1929 Great Depression'The US risk score declined in Euromoney’s country risk survey in Q1 2020, although it ...
Read More

CEE fintechs step up as consumers dump cash

Fintechs in emerging Europe have seen a surge in demand for their services since the start of the Covid-19 crisis as consumers move away from cash and businesses look for new sources ...
Read More

The pitfalls of India’s JAM

Picture this: you are the leader of a developing country. Out of 1.4 billion people, nearly 70% live in rural areas, over 20% are illiterate and 22% live below the poverty line ...
Read More