Strong profitability, soundness, leverage and return-on-risk metrics put Discover Financial Services at the top of our best-performing banks ranking.
More exits from banks increases pressure on Europe’s primary dealership model.
The UK bank is set to slash a number of branches in response to the rise in digital banking.
Italian and French banks carry the greatest risks to their financial prospects among foreign lenders operating in Russia, according to the latest statistics from BIS.
Large volumes of debt from Russian borrowers are at risk of being pushed into junk status.
The biggest UK banks reported a significant rise in profits in 2021, as the country’s economy rebounded from the pandemic with a boom in deal-making and mortgage lending.
The global supply of socially responsible debt severely contracted at the start of the year.
Last year saw a significant increase in equity raising across Europe’s equity market in a bid to fuel the continent’s economic recovery from the coronavirus pandemic.
After reaching a record $9tn of supply in 2021, bond issuance is set to fall this year.
Despite attracting the greatest amount of investment dollars in Asia-Pacific over the past five years, foreign direct investment into China’s financial services industry severely contracted in the first 10 months of 2021.
The largest Canadian banks all recorded hefty increases in profits in 2021, buoyed by a mortgage boom and solid macroeconomic environment.
Last year was a record-breaker for investment banking fees, driven by strong performances across M&A, DCM, ECM and syndicated loans.
Germany holds onto second place among its western European peers when it comes to the number of foreign investment projects since 2016, but saw a drop in the first 10 months of 2021.
Many banks have held up better than expected during the pandemic, but others are falling behind.
During the first half of 2021, the Central American country saw a significant increase in fintech investment on the back of accepting bitcoin as legal tender.
Poland is the top country for foreign direct investment in financial services and fintech projects in eastern Europe, followed by Lithuania and Romania.
The growing humanitarian crisis at the Belarusian border has incurred additional EU sanctions, which will impact the country’s economic recovery.
Revenues in 2020 were hit by Covid-19, but not as severely as anticipated and are already showing signs of a bounceback.
Financial services and fintech investment had picked up following a 2016 pact with left-wing rebel group Farc.
Bank of Taiwan, the country’s largest lender by assets, saw its holdings of core capital rise by two-thirds between 2016 and 2020.