June 2009
| Euromoney June 2009 Barclays was the bank that many expected to fail. Recapitalized, with its earnings power enhanced, safe from the clutches of the UK taxpayer, it may emerge as one of the big winners from the crisis. The bank’s leaders expect to build dominant positions in both retail and investment banking. What could still throw Varley, Diamond & Co off course? |
Euromoney June 2009
Larry Fink wants BlackRock to be one of the key names in finance for the future. Consolidation of investment managers – possibly including BGI – may achieve that goal. But his firm’s influence on the present is already great, as adviser of choice to banks and governments alike on problem assets totalling $7 trillion. Peter Lee reports.
Euromoney June 2009
It has already won a reputation as one of the world’s leading hedge funds. Now Citadel has its sights set on investment banking. Chief executive Ken Griffin sees a sweet spot where many firms have left the stage. He normally succeeds in his goals. Chief executive Ken Griffin believes his newly expanded business will be a force to reckon with on Wall Street, says Helen Avery.
Euromoney June 2009
Over the next few years the financial landscape could see a dramatic shift as market forces, politicians and tighter regulations make banks scale back their foreign businesses and focus more at home. Is the era of global banking over? Sudip Roy reports.
Euromoney June 2009
Euromoney's 40th anniversary gives us a chance to look forward. We profile the firms and the individuals who will help to write a new and successful chapter in global finance. We’ve picked out old firms sticking to what they have always done best and whose time has come, or those adapting to new times; or relatively young businesses with a new offering, or a new take on an old one.
Euromoney June 2009
The credit crisis has left the country’s banks relatively unscathed, and regulators around the world want to find out why. But is a conservative culture stopping local players achieving their global potential? Helen Avery investigates.
Euromoney June 2009
The debt market has rewarded the biggest borrowers and the largest – and least scarred – underwriters handsomely. A new poll of the world’s largest fixed income investors by Euromoney shows which issuers are accessing the markets most successfully. Alex Chambers finds out what is making the bond markets tick.
Euromoney June 2009
The latest Euromoney primary debt and new-borrower poll provides a unique insight into what borrowers really think of their underwriters and what investors think of borrowers.
Euromoney June 2009
The world’s largest borrowers in the international bond markets rate the products and services offered by the biggest deal arrangers.
Euromoney June 2009
Euromoney June 2009
Corporate lending has slowed to a trickle, so distressed issuers are turning to debt exchanges and buybacks to avoid bankruptcy. While the leveraged loan market trades well below par, owners and sponsors see this as a no-brainer, but noteholders may have very different ideas. Louise Bowman reports.
Euromoney June 2009
Relatively untroubled by sub-prime losses and well-endowed with deposits, Japan’s banks are still enthusiastic lenders. But the bulk of their advances are still domestic – sometimes to potentially shaky borrowers. Will they expand further in lending in international markets? Chris Wright reports.
Euromoney June 2009
The country’s banks are proving among the most resilient in emerging Europe and have helped to boost sentiment towards the country and its stock market. But are there still dangers ahead? Guy Norton reports.
Euromoney June 2009
The extent of government involvement in Portugal’s economy might be partly to blame for anaemic growth over the past decade, but it’s throwing up attractive opportunities for private-sector investors. Simon Brady reports.
Euromoney June 2009
With banks in the pillory and credit still scarce, financial institutions are demanding more from their cash-management providers. Can second-tier hopefuls keep up with the pace or will global players reap the rewards? Laurence Neville reports.
Euromoney June 2009
Wealth management services are relatively underdeveloped in the Gulf region. But local and foreign private banks and family offices have broad opportunities to develop their business.
Euromoney June 2009
The turmoil is a factor delaying capital markets plans rather than a disruption. Banks continue to profit from government debt refinancing, and upcoming privatizations should attract more foreign investment. Elliot Wilson reports.
Euromoney June 2009
Banks moved quickly to sell equity last month; After reducing their underweight position, investors will get choosier
Euromoney June 2009
Wilmot-Sitwell and Kengeter take charge; Misra hire counters key staff departures
Euromoney June 2009
As banks cut back, leading prop trading boutiques grow;
Can banking and prop trading co-exist?
Euromoney June 2009
Big names have been recruited in ECM; They must help pay the bill for a secondary market presence
Euromoney June 2009
Emerging markets specialist announces raft of hires; Opportunities in equities and commodities
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
No to quantitative easing; End of repo facility eyed?
Euromoney June 2009
Debtholders pushing back; Sponsors frustrated in restructuring plans
Euromoney June 2009
Japanese currency becalmed despite bad news; Possible US move would prompt sell-off
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Boutique equity trading firms turn to research; Trend brings new forms of analysis
Euromoney June 2009
Geithner wants greater oversight of OTC derivatives; Regulation benefits e-platforms and exchanges
Euromoney June 2009
Veteran launches $1 billion holding company; Targets banking, wealth and insurance
Euromoney June 2009
$1 billion deal six times oversubscribed; Could provide covered bond template for region’s other banks
Euromoney June 2009
Kiwi funds outperform global index; Investor interest grows
Euromoney June 2009
Local governments under pressure to service judicial payments debt; Lawyers concerned about possible technical default
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Funds reassess investment strategy; Positive outlook for private equity
Euromoney June 2009
CB governor defends one-off devaluation; Hails fight against inflation
Euromoney June 2009
Government seeks foreign investors; Opportunities in real estate, cement and power
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Opportunities rising in private equity; $11 billion sitting on sidelines
Euromoney June 2009
Euromoney June 2009
Debate about compensation must address wider industry issues, but there are no easy solutions.
Euromoney June 2009
The emerging market equity boom might turn out to be leverage-fuelled.
Euromoney June 2009
Regulators in Berlin have yet to pull off the confidence trick of their US and UK counterparts.
Euromoney June 2009
International banks might not get the rich pickings they crave in the People’s Republic.
Euromoney June 2009
The latest SIV auction has proved a welcome fillip for the structured finance market.
Euromoney June 2009
Markets must soon learn not to react to agency sabre-rattling.
Euromoney June 2009
Governments should cede control of fiscal policy.
Euromoney June 2009
This edition of Abigail with attitude includes a guide to decoding the underemployed senior banker’s vocabulary.
Euromoney June 2009
The authorities have run out of ways to deal with the debt overhang and to create new credit. The only palatable way out looks to be a period of generalized inflation
Euromoney June 2009
Quantitative easing is being hailed as a policy panacea. The problem is that it sounds a lot like a prescription that causes the very problems it is designed to treat.
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
Euromoney June 2009
