Intesa Sanpaolo's head of corporate and investment banking, Gaetano Miccichè, discusses the bank's international expansion plans and the challenges it is facing in its home Italian market thanks to a slow and underdeveloped domestic economy.
Where are the chinks of light for Italy's banks?
September 1, 2014Contracting growth in Italy since the beginning of the year has dampened any optimism for good first-half results at the country’s largest banks, after record losses in 2013. Although lenders have largely cleaned up their balance sheets, the credit quality of smaller businesses remains a problem.
New York is top US international finance centre for FDI
August 20, 2014New York leads the world’s international finance centres for inbound and outbound foreign direct investment into the financial services sector, but other US financial centres are also proving attractive destinations.
CDB president prepares for future storms
August 1, 2014The financial crisis hit the Caribbean hard, with the region only recently starting to recover. Now that the worst is over, the president of the Caribbean Development Bank is looking to build a more sustainable future, encouraging projects that minimise the effects of natural disasters and develop the region's renewable energy potential.
Top 25 Caricom banks ranking: Caribbean lenders experience mixed fortunes
July 23, 2014Caribbean lenders seem to be finally emerging from a difficult few years, with both aggregate Tier 1 capital and assets rising. Profitability remains largely unchanged, however, with some banks making significant gains while others remain in the red.
Beijing tops IFC ranking by bank profits
July 23, 2014Europe’s cities may be on the recovery but it is Beijing that tops the table of most profitable international financial centres worldwide.
Finance minister looks to put Trinidad and Tobago on IFC map
July 1, 2014Trinidad and Tobago finance minister Larry Howai tells Silvia Pavoni about his plans for the country's international finance centre, and explains why its improving legislative framework and educated workforce make the country stand out from its Caribbean peers.
Trinidad and Tobago CBG takes the inclusive approach
July 1, 2014The governor of Trinidad and Tobago's central bank, Jwala Rambarran, has overseen a hectic period in which the country has considerably tightened its supervision procedures, sought to clarify the role of its international finance centre and developed its capital markets. He tells Silvia Pavoni how improving financial inclusion is his next priority.
Trinidad and Tobago looks to clear the IFC hurdles
July 1, 2014Trinidad and Tobago’s plans to develop an international finance centre hold great promise, but what hurdles does the country face to achieve its goal?
Opportunities abound for Trinidad and Tobago's banks
July 1, 2014Awash with liquidity and riding on the back of the country's impressive economic growth, the picture looks healthy for Trinidad and Tobago's banks, with opportunities in SME financing and online banking set to maintain this momentum.