Euromoney magazine

30/08/2024

Political headwinds continue to drive LatAm uncertainty | Having taken a hammering following ’s election results and the Brazilian president's comments on fiscal consolidation, the prospects for the key Latin American over the remainder of 2024 are unclear |

Having taken a hammering following Mexico’s election results and the Brazilian president's comments on fiscal consolidation, the prospects for the key Latin American currencies over the remainder of 2024 are unclear.

29/08/2024

models buffeted by industry headwinds | Proponents of will be hoping that ’s decision to acquire and marks a turning point in a sector that has experienced considerable volatility |

29/08/2024

Will LatAm’s feel the ‘PIX-effect’? Investing in ’s payment is having a moment – but will the region’s kill off their revenue model by adopting their own version of ’s ?

Investing in Latin America’s payment fintechs is having a moment – but will the region’s central banks kill off their revenue model by adopting their own version of Brazil’s PIX?

27/08/2024

Innovative secondary share sale puts high value on | New institutional are providing to longstanding Revolut employees and giving a valuation proof point to its stunning revenue and profit growth |

New institutional investors are providing liquidity to longstanding Revolut employees and giving a valuation proof point to its stunning revenue and profit growth.

27/08/2024

may rue expensive acquisition | Its acquisition of Citi’s business in the has proven to be a challenge. It has put pressure on the bank’s capital buffers, while Citi’s high-end customers have shown a preference for international players

Its acquisition of Citi’s retail banking business in the Philippines has proven to be a challenge. It has put pressure on the bank’s capital buffers, while Citi’s high-end customers have shown a preference for international players.

22/08/2024

play catch up in | Transaction banks in Asia will have to up their game to satisfy who now view a strong digital offering as a prerequisite to maintaining relationships |

Transaction banks in Asia will have to up their game to satisfy corporates who now view a strong digital offering as a prerequisite to maintaining relationships.

22/08/2024

top survey | National champion banks should worry that the latest surveys commissioned by the might prompt loss of more primary accounts |

22/08/2024

banks hopeful of a return to normal | Falling has sparked an early surge in credit demand, which offers the prospect of normalization – a potential boon given the negative real banks are earning on their government securities portfolios |

Falling inflation has sparked an early surge in credit demand, which offers the prospect of banking normalization – a potential boon given the negative real interest rates banks are earning on their government securities portfolios.

21/08/2024

: when to jump ship | , and appear to be willing to work with service providers to improve the latter’s offerings despite concerns over core services |

Corporates, asset managers and hedge funds appear to be willing to work with FX service providers to improve the latter’s offerings despite concerns over core services.

21/08/2024

What doesn’t understand about | Guidelines published by ’s cabinet pledged to boost the quality of its capital markets. But they neither understand nor trust the vibrant-yet-turbulent nature of that system

Guidelines published by China’s cabinet pledged to boost the quality of its capital markets. But they neither understand nor trust the vibrant-yet-turbulent nature of that financial system.

21/08/2024

pushes despite lack of incentives | New transition bond includes step-down, as new ‘ ’ bond issued |

New transition bond includes step-down, as new ‘green infrastructure’ bond issued.

21/08/2024

’s move reflects more than ’s demise | Bank of Cyprus’s decision to shift its listing back to Athens also shows how far has recovered |

Bank of Cyprus’s decision to shift its listing back to Athens also shows how far Greece has recovered.

09/08/2024

knocks out LatAm but the effects will be short-lived | Huge international issuance in September and October is forecast as may seek to take any benefit through wider spreads |

08/08/2024

Why ’s went on a rollercoaster ride | A perfect storm – triggered by the , AI-driven transactions and the unwinding of the – sent the Japanese and global stock markets on a wild ride. While the gains more flexibility to raise rates after the unwinding, remain optimistic about the long-term prospects of Japanese

08/08/2024

’s : The right in the wrong place | India’s first international financial services centre was created by premier in 2008. Today, Gift City is a flourishing hub near Ahmedabad in the country’s arid northwest. K Rajaraman, the chair of the body that oversees it, tells Euromoney why the zone is vital to India’s and aspirations |

08/08/2024

’s : The sage of Singapore heads for the exit | When Gupta was named chief executive of DBS in 2009, the lender was going nowhere in particular. He gave it drive and direction, buying assets around Asia and transforming it into the world’s best bank. A series of tech outages put him in the spotlight for the wrong reasons, but Gupta will leave DBS in March with his head held high and his legacy intact. His capable and charismatic successor , the first woman to run southeast Asia’s largest bank, has big shoes to fill |

When Piyush Gupta was named chief executive of DBS in 2009, the Singapore lender was going nowhere in particular. He gave it drive and direction, buying assets around Asia and transforming it into the world’s best bank. A series of tech outages put him in the spotlight for the wrong reasons, but.....

06/08/2024

Can become Asia’s next hub? Senior Indonesian officials have floated the idea of transforming the island paradise into a private- hub to rival and . Jakarta certainly needs to do something to ensure that more of the wealth created onshore stays onshore |

05/08/2024

: The more it changes, the more it stays the same | New highways, bridges and tunnels make travelling in Mumbai easier than it has been in decades. A new line is set to open in late 2024, but the city can still be gruelling to navigate. If it wants to be a global hub, there is still so much more to do |

New highways, bridges and tunnels make travelling in Mumbai easier than it has been in decades. A new metro line is set to open in late 2024, but the city can still be gruelling to navigate. If it wants to be a global financial hub, there is still so much more to do.

02/08/2024

BNP Paribas-Axa IM: Bonnafé’s biggest acquisition won’t be a hasty move | Buying would be chief executive ’s biggest . It has been a long time in the making

Buying Axa IM would be BNP Paribas chief executive Jean-Laurent Bonnafé’s biggest acquisition. It has been a long time in the making.

01/08/2024

goes ahead with foray into Polish | Alongside ’s recent acquisition of Polish financial technology company , the US takeover of is another sign of renewed optimism in

01/08/2024

Trump pumps the crowd | The spike in after the shooting at a election rally was a reminder that for all the claims of increased maturity, the world’s largest remains unpredictable

The spike in bitcoin after the shooting at a Donald Trump election rally was a reminder that for all the claims of increased maturity, the world’s largest cryptocurrency remains unpredictable.

31/07/2024

Revolut’s UK comes amid exponential growth | is strongly profitable while growing fast, diversifying and finally being admitted to the club. Watch out

Revolut is strongly profitable while growing fast, diversifying revenues and finally being admitted to the banking club. Watch out.

31/07/2024

Intesa-UBI is a poor model for and Sabadell | The role of adds to the similarities between BBVA’s hostile bid for and ’s takeover of in 2020. But there are stark differences of institutional character, politics and timing |

The role of Mediobanca adds to the similarities between BBVA’s hostile bid for Banco Sabadell and Intesa Sanpaolo’s takeover of UBI Banca in 2020. But there are stark differences of institutional character, politics and timing.

31/07/2024

can profit from playing spot and forward | After years of being off the table due to historically low , treasurers can now realistically look to profit from rate differentials between |

30/07/2024

ING hires in and : Euromoney talks to 's head of , Andrew Bester

30/07/2024

Asian digital banking: decline or revival? Despite Asia boasting the world’s highest mobile payment pe*******on rate, digital banks in the region have failed to meet expectations. What explains this underwhelming performance? |

23/07/2024

Why can’t get enough of ’s | India’s sector is growing fast, with new advisory firms constantly springing up. This is catnip to private equity firms keen to in the best growth-oriented private banks. But who will win this race and who will fall short?

23/07/2024

UK’s new listing rules ignore investor concerns | UK have made clear their opposition to reduced protections, while the may come to regret pushing through its new listing regime |

UK pension schemes have made clear their opposition to reduced investors protections, while the FCA may come to regret pushing through its new listing regime.

19/07/2024

Single-dealer platforms show prices from multiple banks | are refining their to replicate the price comparison benefits of the multi-dealer model while accentuating the former’s unique features |

Banks are refining their single-dealer platforms to replicate the price comparison benefits of the multi-dealer model while accentuating the former’s unique features.

18/07/2024

on the rise as elevated prices persist | The disconnect between global economic growth and is focusing ’ minds on exposures to everything from cocoa to cobalt |

The disconnect between global economic growth and commodity prices is focusing treasurers’ minds on hedging exposures to everything from cocoa to cobalt.