Awards for Excellence 2018: Who you gonna call? How Citi became clients’ go-to global investment bank | Euromoney

The old charges against Citi’s wholesale banking division no longer apply. Its scale and breadth are a big positive that no other bank can match. Its diversity and balance are clear strengths that its competitors increasingly envy. As a firm, it’s more joined up than anyone thought possible. And its clients value what Citi can deliver more than ever before. Source: Awards for Excellence 2018: Who you gonna call? How Citi became clients’ go-to global investment bank | Euromoney

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Bankers welcome final Basel III rules through gritted teeth | Euromoney

Markets reacted well to the final Basel III rules published in December, with bank share prices rising and analysts cutting their calculations for the additional capital requirement across the sector.Bankers Euromoney spoke to welcomed the nine-year phase in for the 72.5% output floor below which they will not be allowed to use internal risk models to cut risk-weighted assets (RWAs) as they would otherwise be determined by the blunt standardized approach. Source: Bankers welcome final Basel III rules through gritted teeth | Euromoney

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