Executives who live with uncertainty should resist the fallacy of arithmetic precision when making investment decisions, says Georgios Samakovitis of the University of Greenwich.

There were few surprises in the outcome of the European Central Bank’s asset quality review and stress test, but the results highlight what still needs to be done.

Growing geopolitical risk and the rising toll of misconduct fines overshadowed what should have been a year of strengthening economic recovery.

The damage that a fraud investigation can wreak on a bank is already well documented, but what measures can banks take to protect themselves against such incidents and minimise the repercussions if a fraudster does slip through the net? 

In their pursuit of new money, private banks are trying to build up brand recognition, be it by highlighting their traditional values or the way they have embraced the digital revolution.

The acquisition of an investment bank and subsidiaries across emerging Europe are transforming Sberbank from Russia's retail savings bank of choice into a genuine international player, just as Western competitors are retreating. But its management team is treading carefully.

With significant potential for growth in the country's real estate, retail and capital markets, Saudi Arabia's banks, which are already highly liquid and rapidly increasing their profitability, are making bold projections for their future successes.