Latest articles from Western Europe

Wealth management

The wealth management revolution

October 1, 2013

With clients demanding more clarity on their investments, and new regulations putting pressure on margins, wealth managers have their work cut out to remain profitable and relevant. Can they rise to the challenge?

London leapfrogs New York to top IFC ranking

October 1, 2013

London has come out on top in its annual battle with New York to be named the world's leading international financial centre. Beyond the behemoths, however, the big story comes from Latin America, where Mexico City has jumped 15 places to crown an impressive year for the financial hub.

Germanys finance minister the case for European banking union

Germany's finance minister: the case for European banking union

October 1, 2013

Moves to establish an EU-wide banking union have developed at a rapid pace in recent months, and, if carried out properly, would complete the creation of a single market for financial services throughout Europe.

Turkey stays ahead of the mobile game

Turkey stays ahead of the mobile game

October 1, 2013

Turkey's banks are acquiring a global reputation for innovative products, particularly those that connect them with the country's youthful population through social media. As Duygu Tavan discovers, this is increasingly being done through smartphones.

Gerrit Zalm

ABN Amro chief opts for slow and steady route

October 1, 2013

Although his time as Dutch finance minister gives him a deep understanding of policy-making, ABN Amro chief Gerrit Zalm has mixed views on the current tide of regulatory initiatives in Europe.

SocGen maps new capital landscape

Société Générale maps new capital landscape

October 1, 2013

France's Société Générale has responded to the long-awaited finalisation of European capital regulations with a new contingent convertible structure that could set a marker for the market.

Historic landmark: it was not until 2005 that Islamic banks were incorporated into Turkey’s banking law

Is Turkey set to embrace Islamic finance?

October 1, 2013

Sharia-compliant banks have occupied only a small proportion of Turkey’s banking market to date, but with rising global demand and the government’s focus on Islamic finance, that looks set to change.

Stephan Müller

Commerzbank: developing for the digital age

October 1, 2013

Following its acquisition of Dresdner Bank in 2008, Germany’s Commerzbank is now turning its focus back to developing products and services, its chief information officer tells The Banker.

Can London survive outside the EU

Can London survive outside the EU?

October 1, 2013

The UK's relationship with the EU has rarely been harmonious, but in recent years the heavy-handed regulations and onerous taxes perceived to be emanating from Brussels have seen this marriage teeter perilously close to divorce. A referendum could be called in the UK in 2017 regarding its EU membership, but how would the country – and London in particular – look should the vote call for a permanent separation?

Enrico Cucchiani

Intesa CEO affords Italy a little optimism

October 1, 2013

The resilience of the Italian economy should not be underestimated, says the CEO of Intesa Sanpaolo, and the country, which is now on the road to recovery, should no longer be considered as part of the flailing eurozone periphery.

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