May 2012
China's economic slowdown will exact a heavy economic toll on global demand. Although Beijing has many weapons it can mobilise, its slowdown comes at an inauspicious time for Germany
May 2012
With just €1.5 billion of deals priced in May, fears are growing the senior unsecured European bank funding market will be effectively shut until September.
May 2012
Deutsche Bank’s Mayer has a plan for Greece to take a ‘temporary breather’
May 2012
Anxiety is likely to increase in the run up to the Greek election amid fears over bank runs and euro break-up
May 2012
Market players are betting that German yields will sink further into negative territory - in theory, boosting its financing power to sign that blank cheque.
May 2012
The MSCI Emerging Markets index notched a 17% gain earlier this year, before nose-diving in March as worries surrounding a Greek exit from the eurozone sent global markets into a tailspin. But the jury is out on whether the asset class can outperform if markets take another leg down.
May 2012
Nasdaq bungle costs firm dearly; investor concerns about ad revenue ‘short-sighted’
May 2012
The first tax-exempt domestic infrastructure bond has been issued in Brazil. Concessionária Rodovias do Tietê, a toll road operator, has issued R$650 million in 12-year debt.
May 2012
Although international banks have manageable direct exposure to Greece, banks' shares can go much lower and deposit outflows from peripheral European banks' have barely begun.
May 2012
As the markets digest the impact of the eurozone woes on eastern Europe, here's a round-up on the region's debt, banking and capital market challenges.
May 2012
Sell-side analysts have had at least two years to hypothesize the likely impact of a Greek exit from the eurozone – here's Nomura's latest take on the likely spill-over effects.
May 2012
While markets crumble, Credit Suisse has dished up some hedging strategies, including underweight credit - such as Bunds.
May 2012
Poland's debt-management official waxes lyrical in an interview with Euromoney about how the country is riding out the eurozone storm, and the sovereign's debt issuance plans
May 2012
Media coverage of the staff in JPMorgan’s chief investment office turned up nuggets that ranged from the banal (credit derivatives trader Bruno Iksil has a penchant for wearing black jeans) to the comical (London head Achilles Macris had a picture of a missile on his apartment wall, in brave defiance of stereotypical assumptions about dealers).
May 2012
The end of QE support means that markets must face up to a repricing of assets on the basis of economic reality.
May 2012
Research rules resurrect conflicts of interest; Cost savings ‘compromise safety’
May 2012
HSBC launch demonstrates UK appeal; Deal criticized as PR exercise
May 2012
Ennahda government hit by new protests; Qatar lends $500 million via bond issuance
May 2012
CEO claims “no pressure” to sell assets; Dubai Group next in line
May 2012
Banks enjoyed a good end to the first quarter in equity capital markets, but the benign conditions that prompted deals might have come to an end.
May 2012
With primary Asian equity markets quiescent so far this year, ECM bankers are hopeful that the well-supported IPO expected from Haitong Securities will spark off an issuance revival.
May 2012
Upgrade will have limited impact; Argentine YPF coup is troubling move
May 2012
Chinese broker’s Hong Kong listing fails to revitalize the market.
May 2012
The eurozone crisis, global bank deleveraging risks and the need for a financial safety net: Asian policymakers and financiers had much to mull over at the Asian Development Bank annual meeting last week
May 2012
Finance executives cheered plans by Beijing, Tokyo and Seoul to buy each other’s bonds as another possible step towards internationalizing China’s currency
May 2012
May 2012
According to one foreign survey, Bulgaria has the most business-friendly environment on the continent. However, it is burdened by stagnant capital markets and a reliance on the debilitated economies of western Europe.
May 2012
Government promises fiscal consolidation; Recapitalization of NLB looms
May 2012
BTG Pactual’s IPO offered lessons to other Brazilian issuers about pricing discipline, and to other partnership banks about ownership structures.
May 2012
Bank becomes Brazil’s 16th-largest company; Problems persist with smaller deals
May 2012
Oaktree struggles in aftermarket; Valuation a challenge in volatile environment
May 2012
Deal part of liability management exercise; Pemex pioneers LatAm Aussie dollar market
May 2012
Central and eastern European governments have exploited the flattering contrast between their headline debt numbers and those of western Europe to achieve ever lower funding costs. But there is still much work to be done to ensure the sustainability of debt levels.
May 2012
With a socialist at the gates of the Élysée Palace and the eurozone limping along, there has never been a better time to buy cheap European equities.
May 2012
May 2012
May 2012
May 2012
Last-minute Blackstone bid fails; Senior lenders to take control
May 2012
Inclusion might trigger $8.8 billion inflows; Becomes first sub-Saharan entry
April 2012
The prospective development shines a light on the growing role for third-party western asset managers to oversee a slice of China’s foreign exchange reserves
April 2012
Rising unemployment – even from a high base – and growing mortgage default fears have added to market concerns over Spanish solvency.
April 2012
Despite the eurozone volatility, frontier market bonds could outperform emerging market sovereign credit in hard currency, Exotix, a frontier market boutique, has argued.
May 2012
Substituting sovereign collateral for loans relieves encumbrance concerns; Bundesbank and Oesterreichische Nationalbank push back against programme collateral
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