After reporting the bank’s best half-year results, Intesa Sanpaolo’s chief executive Carlo Messina is upbeat about its future in Italy, thanks to booming wealth management and life insurance businesses, and growth opportunities in some of its central and eastern European subsidiaries.
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Turkey’s once mighty economic growth is slowing, as the country feels the impact of a hung parliament, geopolitical tensions in the region and the low oil price, leaving many hoping that snap elections called for November will bring with them some much needed stability.
South Korea’s booming capital markets and robust legislation show that the Asian crisis of 1997 had some beneficial long-term effects, which even neighbouring China’s recent wobbles cannot derail.
The poor state of Japan's farmland, fishing grounds and forests should spell bad news for the co-operative financial operation that traditionally caters to these fields – Norinchukin Bank. However, as its CEO explains, the lender's overseas activities and the country's thirst for innovation have seen it post record profits recently.
Aside from its three mega-banks, Japan has a financial network that includes shinkin banks, co-operative banks and city and regional institutions. Stefania Palma explores how each is responding to Japan’s economic slowdown given their different mandates, structures and resources.
The speed with which Egypt completed its Suez Canal expansion has given observers confidence that the country’s ambitious SCZone plan really could become the economic powerhouse the government envisions.
South Korea has a large and vibrant wealth management sector, but it has yet to reach its full potential. Michael Imeson speaks to industry experts to assess how the country and its domestic financial institutions can bridge the gap between them and their Asia-Pacific peers.
Nigeria's economic growth has slowed over the past year, and delays in naming a cabinet by new president Muhammadu Buhari are doing little to restore confidence in the country. However, the long-term prospects for Africa's largest economy remain strong.