Michael Shari

Global Finance Magazine’s 2017 rankings of the best US regional banks

Details on the winners of Global Finance Magazine’s 2017 awards for the world’s best investment banks for derivatives. 

Details on the winners of Global Finance Magazine’s 2017 awards for best US regional investment banks. 

Details on the overall global winners of Global Finance Magazine’s 2017 awards for best investment banks. 

Details on the winners of Global Finance Magazine’s 2017 awards for the world’s best investment bank deals. 

Expectations for lower corporate taxes and an easing of regulatory pressure on the finance industry under President Donald Trump bode well for midsize regional banks and their commercial clients across the US. Will those expectations be met or dashed? 

Read how these winning financial institutions earned designation as one of the World's Best Banks for 2016. 

Global Finance unveils its annual lists of the best banks in the world, globally, regionally and by country. The winners outperformed their peers and provide top-notch service to clients in a challenging environment. 

Paul Fleming, executive vice president and global head of securities finance at State Street, sees securities lenders experimenting to meet the cost of complying with Basel III. banking rules.

Anthony Moro, head of EMEA depositary receipts at BNY Mellon in New York, sees countries around the world developing their own DRs.

Samir Pandiri, executive vice president and CEO of asset servicing at BNY Mellon, explains how regulations and demand for seamless products are driving innovation.

Grappling with new technology and regulatory pressures, securities services must keep pace with rapid change or be swept away.

Michael Albanese, global head of collateral management at JPMorgan Chase, talks about how collateral management is changing and gaining acceptance in new quarters.

Peter Cherecwich, head of global fund services and executive vice president of Northern Trust in Chicago, says securities services providers are partnering up to meet growing demand worldwide.

Peter Nabicht, co-founder of 12Sided Technology, sees the data deluge in the FX space as a boon traders—if they have the technology to manipulate the data.

Intense competition is driving rapid digitization as financial institutions seek an edge over rivals in the nonstop foreign exchange sector.

The banking industry’s leading lights have largely adjusted their business plans to a world of tighter regulations, higher capital requirements and less leverage. Now, they are taking on new competitors by embracing the very information technology that has disrupted their business.

Global Finance presents the winners of its 23rd annual awards for the World’s Best Banks. 

Profiling the winners of the Best Investment Banks 2016

Jim Rossman is managing director of the corporate preparedness group at Lazard, the M&A advisory and asset management giant. A former M&A lawyer at Cleary Gottlieb Steen & Hamilton, Rossman talked with Global Finance about how to fend off hostile takeovers—mainly in the US, but also in Europe and emerging markets.

The best banks see falling stock prices as an opportunity to finance takeovers with debt and sell bank equity to please regulators.

But big, national competitors can’t always offer the local touch and expertise that regional clients prize.

Cross Rates: An unprecedented wave of cross-border mergers and acquisitions is driving demand—and rates—for foreign currencies.           

More than a decade ago, the Fed tried to pump life into the faltering US economy. In 2008, the financial markets crashed. There is a connection.

Global Finance unveils its annual list of the best banks globally, regionally and by country. The winners have provided the best service to clients.

What’s irking central bankers is not that they have bought too many stocks or bonds. Rather, it’s that they haven’t bought enough.

Central bank heads were once a predictable and conservative lot. Now they’re swooping in, buying huge amounts of securities and rolling out unorthodox policies to avert danger.

Profiling this years winners of the World's Best Banks across all regions.

Global Finance presents the winners of its 16th annual Best Investment Bank Awards.

Market Report | Equity Derivatives
With volatility rising from historic lows on the equity derivatives market, investment banks are finding renewed interest from clients among nonfinancial corporations.

Global Finance sat down with Arvind Rajan, International Chief Investment Officer at Prudential Fixed Income, to discuss the impact of low oil prices on the ability of emerging markets to service their debt.

Eddie Listorti, co-global head of fixed income, currencies and commodities at ANZ Group in Singapore, sees intra-Asian currency flows as a lucrative opportunity.

Mikhail Palei, head of foreign exchange flow at VTB Capital in Moscow, expects international banks to lose their appetite for risk in the Russian ruble—which he sees as an opportunity for Russia’s FX desks.

Activist Investing | Trends
Vanguard CEO William McNabb is making it plain that he wants the many public companies in which the world’s second-largest fund management firm owns significant minority stakes to take Vanguard as seriously as they take activist investors.

Antti Ranta, head of FX at Nordea in Helsinki, sees demand growing for emerging markets currencies in Nordic countries—and for advice on how to trade them.

Regulatory uncertainty, technological change and traders behaving badly have collided in a perfect storm for banks’ foreign exchange operations

Philip Nel, head of FX trading for Africa at Standard Bank in Johannesburg, anticipates a proliferation of new foreign exchange products in countries across the continent.

Japan | Newsmakers
Just weeks after Haruhiko Kuroda, governor of the Bank of Japan, surprised the world with a bold plan to inflate Japanese assets and weaken the Japanese yen by buying 80 trillion yen ($680 billion) in Japanese bonds, exchange-traded funds and real estate investment trusts, prime minister Shinzō Abe upstaged him by calling a snap election for mid-December, two years ahead of schedule.

Shareholder Activism | Management
Shareholder activism—when investors in a company use their equity as a lever to pressure management—is booming and will grow dramatically on both sides of the Atlantic through mid-2016

Europe’s bond market grew 50% faster than the global rate during the first nine months of the year—by 4.6% year-on-year—but small foreign rating agencies jockeying for a piece of the action are crying foul.

Fueled by a global flood of bond issues, rating agencies are polishing up their act.

Global Finance unveils its annual list of the  best banks globally, regionally and by country. The banking industry remains under stress, but there are bright spots.

AFRICA 2014 | INFRASTRUCTURE
From power plants and mining to tourism and railroads, new infrastructure projects are stimulating the growth of industries across sub-Saharan Africa.  

AFRICA 2014 | MINING
Africa’s mining industry is on the verge of breaching limits historically imposed by political risk constraints.

TRENDS | US BANKING

Ebenezer Essoka, a native of Cameroon, is vice chair for Africa at Standard Chartered. He sat down with Global Finance to discuss African trade and the need for African policymakers to ensure that foreign investment deals are in the best interest of all stakeholders.

 

It has never been easy for small and midsize companies in emerging markets to raise money. Since the financial crisis it has become even harder. But there's hope.

In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.

ANNUAL AWARDS: HIGH-OCTANE YEAR Global investment banks will face a tremendous challenge as they strive to continue running their underwriting businesses at the elevated levels they reached in 2013. Many of the largest banks on Wall Street reaped a windfall ...

PROPRIETARY TRADING By Michael Shari Corporate clients of investment banks around the world could see a dramatic impact from the Volcker Rule, Basel III and other new rules against bank proprietary trading. Like his counterparts at many large and small ...