M&A boom, bondholder doom

The balance-sheet re-leveraging involved in big M&A deals threatens companies’ credit standings and thus their bondholders’ paper.

Emerging markets waning irrespective of QE conundrum

The prospect that quantitative easing by the US Federal Reserve could come to an end much sooner than expected has frightened investors, but the negative effects on emerging markets shouldn’t be overstated, say analysts.

Carney risks communication breakdown

The push by incoming Bank of England governor Mark Carney for a flexible inflation-targeting regime and the promotion of forward rate-guidance, in particular, risks sowing the seeds of price instability.

Deals of the Year 2012

Global capital markets underwent a remarkable recovery last year as bond and equity markets soared, creating a fertile dealmaking environment that few had foreseen at the start of the year.