Huge debts and questionable investments have driven many Chinese local governments to the brink. Now regulators have stepped in with a package of reforms. Stefania Palma asks how effective the new measures will be after decades of poor supervision.
Latest articles from Banking, Regulation & Risk
Low interest rates and global market volatility are encouraging Italians to demand better returns from their private banks. How are wealth managers responding? Silvia Pavoni reports.
The annual Microscope global report on financial inclusion provides a kind of open-source regulation for fostering the right environment to give everyone access to banking and credit services, wherever they are, writes Michael Schlein, president and chief executive of Accion.
Over the past three years, BNY Mellon has assembled the building blocks for the digital transformation of its business. Today, it is putting this work into practice and aims to be a change engine within the financial industry.
As The Banker celebrates its 90th anniversary, Philip Alexander explores the archives to find out what has changed – and how far history keeps repeating.
The UK's Senior Managers Regime seeks to formalise responsibility for risk, yet the threat of cyber attack sits outside of traditional risk governance standards, and means that protecting against such attacks will require a rethink of the traditional 'three lines of defence' model.