January 2012
January 2012
January 2012
The debate on whether China is due for a hard landing returned to the fore as property prices fell for a fourth consecutive month. And although analysts remain polarized in their views, some believe the country’s unconventional economic policy will prevent its economy going into free fall.
January 2012
Allowing QFIs to invest directly into Indian equity markets is a long-term positive step for the country, but removing complicated bureaucratic measures will be central to draw foreign investors into its markets
December 2011
IMF senior economist Manmohan Singh says the shadow-banking system is a necessary part of the monetary universe, and therefore something that regulators and policymakers must thoroughly understand if they are to have any success in improving economic performance.
January 2012
Euromoney takes a look at how banks need to fundamentally change the way they do business
January 2012
While transformational big-bank mergers remain on hold, Euromoney learns that lots of small deals for FIG bankers will boost M&A activity
January 2012
So long as Asian markets remain risk-on bets to global portfolio managers, capital will continue to flee when things get bad elsewhere.
January 2012
The country’s economic strengths are well documented, yet its position in Euromoney’s Country Risk rankings is surprisingly low, held back by weak bank scores and political risk.
January 2012
Historians will judge 2011 as a year of crisis. Will 2012 be worse, more of the same, or an unexpected pick-up in the world’s economic fortunes? As politicians, business leaders and bankers gather in Davos for the World Economic Forum, we assess the risk factors in an increasingly fragile global economy and market.
January 2012
The era of global investment banking is coming to an end. But financial trade involving and between developing markets will continue to grow. This gives a once-in-a-lifetime opportunity to firms based in those markets to build not just leading domestic franchises but also ones that can compete on a much broader scale. Which emerging market investment banks are best placed to take it?
January 2012
Malaysia’s best investment bank has its sights set across southeast Asia.
January 2012
CLSA stake and landmark deals show China could have an international investment banking champion.
January 2012
Like its home country, DBS wants to be an international hub for financial trading across Asia.
January 2012
Taiwan’s leading financial services firm stands to benefit from its first-mover advantage across the Strait.
January 2012
India’s Religare wants to be a global emerging markets powerhouse. It remains a long way from that goal.
January 2012
Australian banks ‘miss broader point’; Some blame issuers, others bookrunners
January 2012
CNH volatility as currency expectations fade; China hits back with CNH-boosting policies
January 2012
Issuance selection for 2012 starts to line up; Global names look to HK for Chinese capital
January 2012
Depreciation eases concern over speculation; Internationalization might pressure euro
January 2012
Mary MacLeod jumped companies and cultures to join ICBC International as deputy CEO – and became the most powerful foreign banker in China, with an eye on global dominance. The pressure is on, but MacLeod isn’t showing it... yet.
More Asia stories
January 2012
Russia’s capital markets remain upbeat, despite negative forecasts from the IMF. Amid the eurozone crisis, market players see an opportunity for the country to prove itself as a developed and reliable financial centre. Bankers, investors and issuers discuss what needs to happen next.
January 2012
Russia’s capital markets face a difficult future. Even if the will for change is there, it will be a long and difficult process.
January 2012
The era of global investment banking is coming to an end. But financial trade involving and between developing markets will continue to grow. This gives a once-in-a-lifetime opportunity to firms based in those markets to build not just leading domestic franchises but also ones that can compete on a much broader scale. Which emerging market investment banks are best placed to take it?
January 2012
From a dominant domestic position, Turkey’s top investment bank is also acting as a conduit for foreign investment in the country.
January 2012
As Renaissance Capital moves away from its Russian roots, is the firm now stretched too far or not stretched far enough?
January 2012
Vienna Capital Partners believes that its unique selling point as a local, independent adviser across CEE gives it the upper hand in the face of international competitors.
January 2012
VTB Capital has built a powerhouse capital markets business in Russia. Can it become just as influential elsewhere?
January 2012
January 2012
January 2012
TurkDex introduces exchange-traded options; ISE head steps down
January 2012
In the words of a recent recruit – it’s the biggest bank you’ve never heard of. If you’re an investment banker in Russia, or even Turkey and Poland, that’s about to change. But can Sberbank, propelled by its acquisition of Troika Dialog, get anywhere close to fulfilling its potential?
January 2012
Hires Dubai Credit Suisse team; CEE special situations push
January 2012
Bank collapse weighs on fiscal health; Crisis spills over to Latvia
More Central and Eastern Europe stories
January 2012
Times are tough for international investment banks attracted by the dynamic Brazilian market. The big local players have a tight grip on the business that they don’t intend to yield and may even soon be challenging the foreigners in other Latin American markets.
January 2012
Controls boosting black market and run on banks; Venezuela-style parallel currency feared
January 2012
Rest of region outpaces traditional leader; Poor IPO performance blamed
January 2012
January 2012
The era of global investment banking is coming to an end. But financial trade involving and between developing markets will continue to grow. This gives a once-in-a-lifetime opportunity to firms based in those markets to build not just leading domestic franchises but also ones that can compete on a much broader scale. Which emerging market investment banks are best placed to take it?
January 2012
Brazil’s credit is strengthening, not just in relative terms as the US and European countries suffer downgrades, but in absolute terms: all three major rating agencies have increased the Republic of Brazil’s credit rating this year, the first of Dilma Rousseff’s administration.
January 2012
The global financial crisis in Europe and the US is not just being transmitted to emerging market companies through shifting demand from the developed world. Changing availability, liquidity and pricing of debt is having an impact on corporate finance options for companies in the emerging markets. Four senior corporate financiers at leading Brazilian companies discuss the practical impact of the current financial volatility.
January 2012
Brazil is one of the largest and fastest growing emerging markets for investment banking. And the locals are coming out on top. The lesson for other emerging markets, they say, is to neutralize international banks’ claims over distribution to institutional investors.
January 2012
What had looked like a promising year for Brazilian share issues failed to live up to expectations.
January 2012
January 2012
M&A activity is changing character, with the number of cross-border deals falling as Brazilian companies consolidate.
January 2012
January 2012
Brazil has withstood the headwinds of the global economy. Bradesco’s solid strategic positioning will ensure it continues to benefit from the country’s increasing global strength.
January 2012
Brazil’s economy is facing new challenges, having come through the 2008 financial crisis virtually unscathed. The government’s apparent determination to push for continued growth is reviving fears of a rise in inflation.
January 2012
Brazil needs huge sums to develop its infrastructure but long-term project finance is becoming harder to find as European banks pull back and the dominant role of development bank BNDES discourages local players.
December 2011
Analysts from leading independent research group Ned Davis Research look at the prospects for financial markets and the global economy in 2012 and beyond, and shine a light on the distressed US fiscal situation which has been overlooked during the eurozone crisis
More Latin America stories
January 2012
New government appointments in Saudi Arabia have sparked hopes that the Kingdom might adopt policies more oriented towards the private sector and foreign investment.
January 2012
Hires Dubai Credit Suisse team; CEE special situations push
February 2012
Despite emerging markets being heralded as the beacon for growth, CEOs and global heads of private banking at the world’s largest firms tell Euromoney they are still expanding and seeking growth in the US and other developed markets
January 2012
Country risk scores for Nigeria, Ghana, Gabon and Tanzania rose last year, with higher average-economic-outlook scores across the continent and a willingness in the international capital markets to finance African borrowers.
January 2012
The favourable tax haven is actively seeking to become the first Western centre to provide a Shariah-compliant platform by reviewing its existing legislation
January 2012
Nigerian investment bank FBN Capital has high ambitions for international as well as domestic expansion.
January 2012
Saudi base gives Islamic specialist a platform for regional expansion.
January 2012
Kuwait-based firm has big ambitions in the Gulf’s growing middle market.
January 2012
National Bank of Kuwait’s universal banking ambitions are closely tied to the growth of its investment banking and markets unit.
January 2012
Standard Bank has reduced its global presence and seems set on concentrating on tapping investment flows into infrastructure-hungry Africa.
January 2012
Historians will judge 2011 as a year of crisis. Will 2012 be worse, more of the same, or an unexpected pick-up in the world’s economic fortunes? As politicians, business leaders and bankers gather in Davos for the World Economic Forum, we assess the risk factors in an increasingly fragile global economy and market.
January 2012
The era of global investment banking is coming to an end. But financial trade involving and between developing markets will continue to grow. This gives a once-in-a-lifetime opportunity to firms based in those markets to build not just leading domestic franchises but also ones that can compete on a much broader scale. Which emerging market investment banks are best placed to take it?
January 2012
More Middle East and Africa stories
January 2012
Country risk scores deteriorate across the eurozone
January 2012
The outlook for political risk in Africa this year remains elevated, despite the recent trend towards fair and free elections on the continent.
January 2012
Two economists give their view on whether the UK is more deserving of a downgrade than France, as part of a special snapshot from Euromoney Country Risk.
January 2012
In December, North Korean officials announced the passing of Supreme Leader Kim Jong-il, supposedly from a heart attack. Not too surprisingly, Pyongyang swiftly heralded Kim’s youngest son Kim Jong-un as the new head of state along with the title “Great Successor”…
December 2011
Experts lower one-party state’s country risk score after sudden death of Kim Jong-il
December 2011
Economists score the UK lower for country risk than France, Germany, Austria, Luxembourg, the Netherlands and Finland
December 2011
Decision by S&P to put Europe’s sovereigns on negative outlook backed up by steady decline in country risk scores.
November 2011
Poland, Hungary, Russia and Bulgaria receive worsening scores for economic risk
November 2011
Debut Eurobond coincides with uptick in country risk score
November 2011
More Euromoney Country Risk stories