World Bank president Ajay Banga has big ambitions, including measuring the bank’s performance based on outputs, rather than inputs. But ceasing fossil fuel financing doesn’t appear to be on the agenda for now.

Is this what a just, orderly and responsible transition to net-zero emissions by 2050 looks like?

Piraeus Bank’s market cap is now around €4bn, compared with €1bn just a year ago. CEO Christos Megalou says he is determined to do everything in his power to ensure it stays there.

IT and fintech was one of the few sectors of Ukraine’s economy that grew last year. Some even see it as a “pillar for stronger democracy” in the country.

Development money is pouring into Ukraine, but some NGOs and civil society organisations are not convinced the money is being well spent. And what does “build back better” even mean? 

Is the closing of bank accounts discriminatory, or symptomatic of a culture of “over-compliance”? 

With ESG becoming more top of mind, and litigation and regulatory enforcements on the rise, is it any wonder that bank heads of litigation and legal counsel are finding it difficult to sleep at night? 

The financial system has proved remarkably resilient, so far, to rising interest rates. But cracks are starting to appear as these filter through to borrowers and credit losses start to mount.