As the ECB turns on the QE tap, what does this mean for stockmarkets? Macro Watch’s Richard Duncan and Raoul Ruparel from Open Europe give their views

HSBC admits that it suffered from “control failures” in the past, but insists it has taken steps to clean up its act and its current client base

Switzerland’s private banks have been trying to remodel themselves but the HSBC affair is the latest in a series of setbacks proving they still have a long way to go

Most private banks are underweight emerging market equities following a torrid couple of years for these economies, but attractive valuations could represent something of a buying opportunity

The profitability of Swiss private banks will be hit by the SNB’s withdrawal of the currency ceiling and could speed up the shift of some operations overseas 

With emerging market equities trading at a discount to developed markets, investors are now prioritising value over growth when choosing stocks

Peter Raskin, who runs Berenberg’s international operations out of London, explains why the German stalwart is determined to increase its global presence 

As global banks struggle with damaged reputations, smaller investment firms sense an opportunity to win market share and the recent M&A activity could be a sign of things to come