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Abigail Hofman:

Abigail Hofman:

We all know that some very clever people work at _______ but are they the brightest people on Wall Street?

The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

December 2007

Equity market round up: The month in numbers




800,000,000,000 the total dollar value of ECM issuance so far this year. The figure, a record, was achieved on the back of 5,350 transactions. Global convertibles issuance so far this year at $159.6 billion has already exceed 2006’s convertibles total, and global IPO and follow-on volumes are not far off from reaching the total of all ECM issuance in 2006.

44,000,000,000 the total volume in dollars of ECM issuance from eastern Europe so far this year. The amount raised is up 59.6% over the same period in 2006.

43,700,000,000 the total dollar volume of ECM issuance from Latin America so far this year. The amount raised is up 79% over the same period in 2006.







I’m learning new tricks at the moment. For example, I have to spend the day with our private bankers in Mayfair, so I have hired a poodle and am practising walking it

One investment bank structurer on his way to explain to the private bank how to market some of their structured products

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