Coronavirus

Two US banks have removed any semblance of doubt around working from home. But will the rest of the community follow?

Central bank changes in Mexico also ‘unhelpful’ for supply

The global pandemic has forced those working in finance to re-evaluate how they do their jobs — whether it be working more from home and not travelling as much on aeroplanes or helping to foster more diverse and ESG-conscious workplaces. Some banks have also seen the crisis as an agent of change, to accelerate growth plans or implement new strategies. Eighteen months on from the beginning of the crisis, GlobalCapital looks at how successful they’ve been and whether they can make it stick.

The office is back, but not as we knew it

International business travel is not expected to return to the capital markets on the same scale as before the pandemic, for more reasons than one

US president Joe Biden's bipartisan infrastructure bill is good news for the muni bond market, but renewable energy financiers want more

The funding team of the European Stability Mechanism has launched its first physical roadshow to meet investors in person for 18 months, making the supranational agency one of the first, if not the first, to officially revive the concept since the Covid-19 crisis began.

Wells Fargo has informed staff in the US that it is delaying the reopening of its offices in the country as a result of rising Covid-19 cases.

As capital markets bankers gradually start to spend more time back in the office, a nuanced debate is playing out over how much flexibility they can expect to enjoy with regard to remote working when pandemic restrictions are finally lifted.

NatWest Group recorded a loss at its investment bank on Thursday, after climbing down from the dizzying heights of last year’s first quarter profits. The weaker numbers weighed on the performance of the group, but the bank still managed to breeze past market expectations.

Kenneth Lay, chair of the International Finance Facility for Immunisation (IFFIm), is no stranger to using financial innovation to help tackle some of the world's biggest problems. He spoke to GlobalCapital about the importance of IFFIm as a vehicle to finance the global vaccine rollout in the fight against the coronavirus pandemic.

The Basel Committee on Banking Supervision (BCBS) will need to see more evidence that its capital reforms restrict “buffer usability” and have “(pro)cyclical” impacts before it recommends any changes to the framework.