February 2011
| Euromoney February 2011 North Korea. Zimbabwe. Tunisia. Algeria. Iraq. Pakistan. Egypt. It’s a list of the world’s flashpoints. And they’re all part of Egyptian entrepreneur Naguib Sawiris’s unique telecoms empire. So when his Orascom group needed financing, and then sought a buyer, it presented Sawiris’s advisers with a unique set of challenges. Eric Ellis tells the fascinating story of corporate finance in the new world order. |
Euromoney February 2011
Many investors in structured credit deals are anxiously awaiting the outcome of SEC investigations into a number of CDO transactions, hoping that they will be able to bring lawsuits of their own if the banks are forced to settle. But the statute of limitations means that they might have already left it too late.
Euromoney February 2011
The financial crisis proved almost as tough for wealth managers as it did for investment bankers. They have worked hard to redeem reputations and improve services. The heads of the world’s eight leading private banks tell Helen Avery how they are giving clients the returns they expect.
Euromoney February 2011
The capital markets experienced peaks and trough in 2010. The first quarter saw Greece descending into chaos, the second an EU bailout solution, then relative calm before the bond markets took Ireland down. Deal volumes were down but the year’s top deals set some defining trends. Hamish Risk and Peter Lee report.
Euromoney February 2011
The inadequacy of investment banks’ risk management systems was glaringly exposed during the financial crisis. Since then, the industry has sought to understand what went wrong. Will the banks be better prepared next time? Dawn Cowie investigates.
Euromoney February 2011
With the number of high-net-worth Brazilians increasing rapidly, private banking is buoyant but highly competitive. However, customers’ preference for safe fixed-income investments restricts margins and banks are trying to foster more lucrative products. Rob Dwyer reports.
Euromoney February 2011
Renewed growth and prospects of active capital markets and M&A business in 2011 have put both global and domestic private banks in a bullish mood. Guy Norton reports.
Euromoney February 2011
Domestic banks and well-established foreign rivals are fighting hard for a share of a high-net-worth asset base expected to grow at double-digit rates. With foreign banks’ involvement in the global crisis fresh in potential clients’ minds, domestic banks might just have the edge. Elliot Wilson reports.
Euromoney February 2011
The private banking industry is coming of age in China, as the number of new millionaires in the country rockets. Foreign and local banks are rushing to offer them wealth management services. Clients have sky-high expectations, and meeting them will be tough.
Euromoney February 2011
Offering third-party products proved no panacea in the financial crisis, yet clients still distrust an exclusively in-house approach. As the focus returns to increasing revenues, private banks are rethinking their models. Helen Avery reports.
Euromoney February 2011
Credit Suisse retains the global overall crown but it’s all change in the regional and country results.
Euromoney February 2011
New categories of participants, electronic trading and the use of algorithms have had profound effects on liquidity and pricing in the FX market, which now offer a real opportunity to manage macro events.
Euromoney February 2011
Although Islamic finance has performed better in Asia than in the Middle East, the sector faced one of its tougher years in 2010. The industry’s future is not secured yet, and the boasts of the boom years have been replaced by introspection and a focus on sustainability. Dominic O’Neill reports.
Euromoney February 2011
Euromoney February 2011
In the second part of Euromoney’s cash management roundtable, the participants look at the effect of volatility in foreign exchange and commodity prices and how new products are giving treasurers more investment options.
Euromoney February 2011
Michael Evans’ promotion emphasizes importance to growth prospects; Internal politics also plays a role
Euromoney February 2011
Majority of banks say focus on tax evasion to blame; ‘Secrecy’ now ‘confidentiality’, tax ‘avoidance’ now ‘evasion’?
Euromoney February 2011
Large US banks see demand for credit; Economy still dependent on low rates and fiscal largesse
Euromoney February 2011
John Havens takes over day-to-day running of the firm; Vikram Pandit concentrates on strategy
Euromoney February 2011
Record amount of yankee bond issuance in January; Should US investors be more cautious?
Euromoney February 2011
Governance weaknesses exposed; Sector in limbo
Euromoney February 2011
Senior creditors ‘have too much power’; Juniors pay price of distress
Euromoney February 2011
Concerted intervention curbs appreciation; Interest rate differentials counteracted by IOF
Euromoney February 2011
Was 3% fall triggered by prop or client trade?; Concerns raised about programme trading
Euromoney February 2011
Reliance Adag chairman faces regulatory sanctions; Company’s governance shown to be wanting
Euromoney February 2011
Morse’s Primus group loses out – again; Regulators still uneasy about mainland money
Euromoney February 2011
Focus shifting from Brazil; Agribusiness a particular interest
Euromoney February 2011
Part of south-south trade flow trend; More such deals are likely
Euromoney February 2011
Euromoney February 2011
Record issuance predicted; But investors will be more choosy
Euromoney February 2011
Equity markets tipped for growth; Concerns linger over structural reform
Euromoney February 2011
Presidential elections scheduled for April; $500 million issuance oversubscribed
Euromoney February 2011
Euromoney February 2011
Banks mandated for BGZ listing; ‘Pension changes won’t impact demand’
Euromoney February 2011
Orascom’s fund-raising shows that no matter where business comes from, financing power and expertise is still in the developed world.
Euromoney February 2011
Agreement on backstop financing for sovereigns might buy time for fiscal adjustment to forestall a rash of defaults.
Euromoney February 2011
New S&P ranking claims serious shortfalls at Credit Suisse, Deutsche Bank and Morgan Stanley.
Euromoney February 2011
Growth is good for emerging economies but overheating is an ever-present danger. Governments are still failing to devise suitable cooling measures.
Euromoney February 2011
A liquidity squeeze in China has observers worrying that there’s trouble in store.
Euromoney February 2011
Belgium’s strained communal relations and ramshackle politics mean its financial problems could be fatal for the nation.
Euromoney February 2011
Euromoney February 2011
Germany’s fragmenting political scene tends towards stasis on big decisions, with key voting groups settling for conservatism. It bodes ill for the country’s role in solving EU problems.
Euromoney February 2011
Affluenza has caught a cold. Those hoping to piggyback off an ever expanding middle-class piggybank should take due note.
Euromoney February 2011
According to the heads of the world’s largest and most successful global private banks, the main driver of revenue growth for 2011, and for several years to come, will be rich individuals in Asia and Latin America. So adamant are they that this is where growth lies that the top-10 global private banks aim to add a combined 1,000 or so employees in those regions over the next 12 months.
Euromoney February 2011
Euromoney February 2011
Euromoney February 2011
Euromoney February 2011
It is one of the eternal unknowns of the bond market, a riddle wrapped inside a mystery inside an enigma: who is going to buy contingent capital notes?
Euromoney February 2011
Euromoney February 2011
