The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Off the record

"Buying up debt from bankrupt countries in the hope that they’ll receive a bailout from other bankrupt countries seemed like a good idea at the time."

A MF Global employee who lost their job in the MF Global fallout

"Unless we see a European version of Paulson’s bazooka soon, then I would expect further bank failures before much longer"

The head of FIG at a leading investment bank reflects on the collapse of Dexia

"That was a stunning, confidence-building, brave and well-timed deal by an outstanding issuer highly tuned into the market"

A FIG DCM banker is overjoyed at Rabobank’s seven-year senior unsecured bond deal...

"It’s a bit desperate if we’re supposed to celebrate because mighty Rabo can borrow at 125bp over mid-swaps"

...while a fund manager at a fixed-income investor is not quite so impressed

"We have reached a point of no return... which is also a dead-end street"

An investor bemoans how European governments efforts to guarantee funding for the banks on which the governments themselves depend for funding are undercut by sovereigns’ own weak credit

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree