A higher leverage ratio requirement would prove a challenge to 13 global systematically important banks.
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Reform-minded Natalie Jaresko has had a tough baptism in her role as Ukraine's finance minister. However, she is determined to demonstrate the safety of the country's banking sector and show that Ukraine is still an attractive investment destination, as she tells Stefanie Linhardt.
With state funding on the decline, and new technologies and more stringent regulation both increasing, the Indian banking sector is undergoing a significant period of change. New players are entering the market, making it even more difficult for the state-owned banks, which are already struggling with deteriorating asset quality and incoming capital adequacy targets.
In an economy that is highly dollarised and in which the local currency has gone through a bout of devaluation, Georgia's central bank governor, Giorgi Kadagidze, has his work cut out. However, in taking a long-term approach, rather than looking for any quick fixes, he is confident that the country can achieve its currency goals.
Jiang Jianqing, the chairman of Industrial and Commercial Bank of China, explains how the largest bank in the world in capital, profits and assets is dealing with China’s economic slowdown, structural reforms and new privately owned, tech-savvy entrants in the banking sector.
Growth in Puerto Rico's economy is sluggish, and its banks have been struggling to find profitable areas. However, a round of mergers and acquisitions – some of them enforced – and opportunities overseas mean that the island's lenders are finding some ways to expand.
GE Capital was once responsible for more than half General Electric’s profit. So why is the conglomerate busy dismantling the international assets of its financial arm?
Many German banks had their fingers badly burnt in the financial crisis, having disastrously expanded into areas such as Spanish real estate and global shipping. As a result, the country's private banks, sparkassen and landesbanken have largely reverted to type, happy with unspectacular but predictable growth in an oversaturated domestic market.
The Indian government may be keen for consolidation in the banking sector – driven by a desire to see the country's lenders figure among the world's largest banks – but internal resistance to such changes, from bank employees and their unions in particular, continue to thwart such activity. On top of this, India's lenders are struggling with non-performing assets, which has proved a blight on their profits over the past 12 months.
Adnan Ahmed Yousif, the president and chief executive of Bahrain-based Al Baraka Banking Group, believes that the scope for international expansion for Islamic finance is huge, and that improved oversight combined with scholarly jurisprudence is the key to a more harmonious global structure in the market.