Asia has been working on a capital markets union for almost two decades. Why is this process challenging? And is it fair to draw parallels between the Asian and European experience? Stefania Palma reports.
Latest articles from Western Europe
Much has been written about Austria's Heta, the ‘bad bank’ which took on the toxic assets of Hypo Alpe Adria. But what of Addiko, which was created from the good parts of its south-eastern European network? Stefanie Linhardt investigates.
The UK’s economic future outside the EU is nowhere near as bleak as it has been painted. A considered approach would mean a smooth transition to a post-Brexit world, says Barnabas Reynolds.
Traditionally strong in the UK, some Indian banks – such as SBI and Yes Bank – are setting up new operations of becoming subsidiaries and focusing on the retail market, and they are not letting the UK’s decision to leave the EU affect their plans.
The shadow banking sector got a bad press after the global financial crisis, but it can be a valuable source of innovation while helping to mitigate financial risk, writes Harald Benink of the European Shadow Financial Regulatory Committee.
There is growing exasperation in the banking community regarding the Basel Committee on Banking Supervision’s desire to reduce variations in bank risk-weighted assets in the name of simplifying comparisons, writes Justin Pugsley.
Malta’s economy was the second fastest growing in the EU last year, its financial sector is healthy and diversified, and it is about to play a leading lead role in Brussels, writes Michael Imeson.
Among banks and brokers there has been a lot of concern about the EU’s trade reporting obligations, but some recent concessions have made the burden a little easier, writes Justin Pugsley.
Kris Peeters, Belgium’s deputy prime minister and minister of economy and employment, tells Courtney Fingar that the country's government is tackling crucial reforms to company tax and pensions.
Italian banks are struggling to manage their non-performing loans. Can government measures such as reforms to the financial sector, a revamp of bankruptcy laws and a new fund that invests in NPLs help? Stefanie Linhardt investigates.