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Spain’s regional governments have been under scrutiny since Catalunya abandoned plans to raise a syndicated loan. This is by no means a full blown funding crisis but the country’s autonomous governments need to get on top of their financing soon to avoid one.

The G20 meetings may have highlighted more differences than similarities between governments on fiscal and financial reform, but there is one thing on which policymakers around the world increasingly agree. Bank bondholders will have to bear some of the burden of resolution in future. EuroWeek presents the cases for and against this radical change of direction.

As Spanish banks fret about the closing of the ECB’s withdrawal of its one year refinancing operation, the large UK banks are meeting the refinancing challenge head on. Securitisation is playing an increasingly important role.

-- Richard Schetman, partner at Cadwalader, Wickersham & Taft LLP

The Swiss bank takes top honours for all three main categories of Asiamoney’s largest Private Banking Poll. Deutsche, BNP Paribas, Maybank and Citi also did well.

The Asian Development Bank has been accused of being “absolutely deaf” to concerns raised by human rights campaigners, who were barred by Uzbek authorities from attending the multilateral bank’s forum in Tashkent earlier this month

Speculation is mounting on when and by how much – not if – China’s renminbi will be allowed to rise. The theory is that a revaluation will help rebalance China’s – and the global – economy. What’s unknown is how the rest of Asia will be affected

China’s policy of only gradually appreciating its currency is unlikely to be shifted by the global market volatility triggered by the Greek debt crisis, a senior IMF official has said

Afghanistan has called for preferential access to European and US markets to boost its agricultural exports – which would combat the opium trade – ahead of a landmark summit in July

The ADB is to press on with its carbon fund initiatives despite growing uncertainty about the future of carbon markets

The IMF came in for a heavy pounding in Tashkent Monday when Asian critics accused it of being “soft” on European countries such as Greece

For India to join the league of developed nations, it will have to grow at a breakneck pace over the next 10 years. But failure to hit growth targets could push the country’s development back years, if not decades