Latest articles from People

Nigeria’s banks and the impact of the crisis

February 2, 2009

Nigeria’s banks have so far been relatively insulated from the credit crisis in the West, but with external sources of capital rapidly drying up, how long can this situation last? Erastus Akinbola is chief executive of one of Nigeria’s leading banks, Intercontinental Bank, and president of the Chartered Institute of Bankers in Nigeria. He spoke to Charlie Corbett about the impact of the credit crisis on Nigeria’s banking industry.

Cash management moves centre stage in 2009

January 5, 2009

It has been an unprecedented year for the world’s banking industry. Once seen as the drivers of economic growth and prosperity, bankers are regarded by many as pariahs. This image is unfair. The collapse of confidence in the credit markets was driven by the recklessness of a few, but the impact of their actions has sent shock waves across the industry. Cash has become king and, increasingly, banks are looking towards their transaction services teams to drive revenue in 2009. Paul Camp, head of cash management for financial institutions at Deutsche Bank, talks about cash management’s evolution in 2009.

History of a survivor, Ibrahim Dabdoub, group CEO of National Bank of Kuwait

January 5, 2009

Winner of The Banker’s Lifetime Achievement Award, Ibrahim Dabdoub has steered National Bank of Kuwait successfully through many crises, maintaining a balanced operating style and stressing the importance of trust and relationships. Writer Stephen Timewell.

Rising to the payment challenges

January 5, 2009

The European payments landscape is undergoing a period of dramatic transformation as regulatory, infrastructural and commercial pressures force Europe’s payment providers to invest colossal amounts of human and financial resources in new technological and compliance projects.Faced with SEPA, the PSD and UK Faster Payments, the transaction banking business has rarely been busier or more inflamed by competitive pressure.

The future of banking

January 5, 2009

The heads of major international banks spoke to The Banker about the effects of the crisis, covering areas such as pay and incentives, strategies for funding, the implications for the free market orthodoxy and what opportunities for growth, if any, 2009 might bring.

Todd Steinberg, head of equities and commodity derivatives, Americas, BNP Paribas

December 1, 2008

BNP Paribas’ head of equities and commodity derivatives for the Americas explains the machinations involved in the firm’s recent purchase of Bank of America’s equity prime brokerage business.

The outsourcing imperative

December 1, 2008

Pressure to cut IT costs and improve efficiency will result in yet another push towards outsourcing and offshoring. Michelle Price speaks with Daniel Marovitz, head of product management and chief operating officer, technology and MIS, global corporate finance, Deutsche Bank, about the bank’s outsourcing strategy.

Om Prakash Bhatt

December 1, 2008

Despite being the leading player in one of the world’s largest markets, State Bank of India lags a long way behind the top global names. The bank’s chairman, O P Bhatt, discusses its strategy and direction. Interview by Stephen Timewell.

Matthew Kirkby

November 3, 2008

The global head of equity origination at Royal Bank of Scotland explains why despite all the bank’s problems there is still an upside to the controversial ABN AMRO acquisition.

Simon Calvert

November 3, 2008

Rabobank’s head of IT risk, Simon Calvert, talks about the bank’s project to revamp its credit risk management capability. Writer Michelle Price.

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