July 2010
| Euromoney July 2010 Credit Suisse and Deutsche Bank win top honours in Euromoney Awards for Excellence; Vikram Pandit of Citigroup wins inaugural Banker of the Year award |
Euromoney July 2010
With its successful execution on a new strategy, and high returns on a low-risk model, Credit Suisse is arguably the best-run bank in the world today.
Euromoney July 2010
Brady Dougan trumps the banking sector
Euromoney July 2010
The investment bank of the year has performed strongly where you’d expect it to – in flow, debt and derivatives – and surprised many with its advances in M&A and corporate finance.
Euromoney July 2010
Jain and Cohrs take Deutsche to a new level
Euromoney July 2010
Pandit knocks Citi into shape
Euromoney July 2010
Barclays is in investment mode; Diamond supports strong regulation
Euromoney July 2010
Varvel becomes CEO as Calello steps up to chairman; Kyriakos-Saad and Quintella get bigger regional roles
Euromoney July 2010
Region’s bank stock drops 13%; Community banks worst hit say analysts
Euromoney July 2010
Emerging markets specialist in Chinese alliance; AgBank IPO could be biggest ever
Euromoney July 2010
Sovereign issuers say it won’t smother core markets; Spain denies rumours it will be first to tap the facility
Euromoney July 2010
Treasury bank warrants sales increase volumes; Will corporations begin to follow suit?
Euromoney July 2010
CCPs don’t reduce risk, says EC official; Safety of exchange system questioned
Euromoney July 2010
Small-cap miners a good investments; Silver benefits from gold’s gains
Euromoney July 2010
Market demands reform if IDRs to flourish; Tax, regulatory hurdles to be tackled
Euromoney July 2010
New rules force 25% minimum free float; Rs615 billion of state issuance in first year
Euromoney July 2010
China opens door to currency flexibility; ‘No need for major revaluation’
Euromoney July 2010
Euromoney July 2010
Aim is to cut number of underwriters; Follow-ons outweigh new issues
Euromoney July 2010
Interpreted as designed to curb capital flight; Parallel market expected to grow
Euromoney July 2010
Spanish bank buys BofA’s minority stake; Valuation now $10 billion
Euromoney July 2010
Growing interest from Chilean institutions; Prospects more attractive than in Brazil
Euromoney July 2010
Improved sentiment creates international market access; Sovereign eyes long-term bond issue
Euromoney July 2010
Miners mull expansion capital transactions; Key oil company considers equity issue
Euromoney July 2010
Euromoney July 2010
Euromoney July 2010
The list of cornerstone investors in the ABC deal shows the newfound prominence of Asian and Middle Eastern buyers.
Euromoney July 2010
In tight markets, some Latin issuers are doing blow-out deals that demand investor attention.
Euromoney July 2010
US corporate buyers are finding rich pickings in Europe.
Euromoney July 2010
Banks in the UAE are a long way from provisioning for Dubai’s debt and property crises.
Euromoney July 2010
With public markets shaky, there is demand for private equity, and banks want to be in on it despite regulatory threats.
Euromoney July 2010
The demise of the Prudential deal together with inhospitable debt and equity markets implies that the second-quarter numbers for global investment banks will be bad.
Euromoney July 2010
Vikram Pandit has taken Citi from a place where the institution was written off as a basket case to being a share beloved by star hedge fund managers and widely seen as a buy for widows’ and orphans’ pension pots.
Euromoney July 2010
“Nomura was in a strategic corner: they were trapped in Japan. They bought the Lehman operations for virtually nothing. If I criticize the Japanese for anything – it is that they are not involved enough in the investment banking business."
Euromoney July 2010
The reluctant decision by European governments to publish stress tests for their domestic banks might shed an unwelcome light on the illiquidity of many local sovereign debt markets.
Euromoney July 2010
Limited understanding of markets by key regulatory and political figures is a contributing factor to the European sovereign debt crisis, as financiers and government officers increasingly fail to communicate.
Euromoney July 2010
Markets have focused on the woes of the peripheral eurozone member states and their sovereign debt crisis but we should remember that public finances in the UK, the US and Japan are in an equally bad, if not worse, state.
Euromoney July 2010
Ultimately, the deficit must be repaid. But changing demographics and larger savings pools suggest relatively high levels of government indebtedness might be sustainable in the short and medium term. The bigger risk is that austerity plunges a credit-constrained world into a nasty double-dip recession.
Euromoney July 2010
Euromoney July 2010
"Reincarnation Bank offers a safe-keeping for any asset you wish to deposit through your transition into the next life"
Euromoney July 2010
Euromoney July 2010
Euromoney July 2010
Euromoney July 2010
Euromoney is accustomed to all kinds of underhand tactics in awards season: from banks "dominating" league tables in positions of second or even anywhere in the top 10, to widespread use in pitch meetings themselves of the classic phrase "I don’t want to criticize a competitor, but...".
