Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.
There are 39,723 results that match your search.39,723 results
  • In late October, the upper house of parliament in Kazakhstan passed the latest amendments to a law designed to bolster confidence in the central Asian republic’s banking sector, which has been buffeted by the global credit crunch. This, in turn, has choked off the supply of cheap foreign currency debt that had fuelled the rapid expansion of Kazakh banks’ networks and lending portfolios in recent years.
  • Venezuelan President Hugo Chavez said last month that oil prices, which have dropped by half in the last few months, will probably keep falling as the US falls into recession.
  • A good deal has already been written about the relatively high cost, at least when compared with many other markets, of processing trades in foreign exchange.
  • Governments worldwide have moved to recapitalize banks. But the amounts injected will only be sufficient to avert a great depression; they are not enough to sustain lending and avert a global recession.
  • HSBC is buying 88.89% of Indonesia’s Bank Ekonomi for $607.5 million in cash, almost doubling the bank’s network in the country. The offer of Rp2,452 a share was a 29% premium on the bank’s stock price at the time of the offer; the shares rose rapidly on news of the deal.
  • Apparently, you can learn everything you ever wanted to know about investment banking in just four weeks.
  • The Loan Market Association held its inaugural conference in London on October 16. It was packed meeting of market participants looked for reasons to be optimistic amidst the gloom. The programme featured panel discussions designed to shine some light in the darkness: how to revitalize the primary market; where the liquidity safe havens are; how to invest in distressed debt.
  • Despite turmoil in the global stock markets, Cambodia is pressing on with its plans to open a stock exchange in late 2009. A note from Leopard Cambodia, a private fund that invests in the country, confirms that the currency of the exchange will be US dollars and that "the newly announced listing criteria include two years of profitability, $1 million paid-up capital or $2 million shareholders’ equity, and 100+ shareholders or 10% free float".
  • Russia’s mega-rich are fast emerging as victims of the global credit crunch.
  • Japan’s largest banks are mulling the possibility of more capital raising after the Nikkei 225 stock index plunged to a 26-year low and left them looking vulnerable. Mitsubishi UFJ Financial Group, the country’s largest bank, announced on October 27 that it will issue up to ¥600 billion in common shares and up to ¥390 billion in preferred. Mizuho Financial Group and Sumitimo Mitsui Financial Group have been reported by local media to be considering similar measures.
  • Mid-caps starved of operational and growth capital have new lenders.
  • Almost two-thirds of asset managers at buy-side firms in the US believe the continuing credit crisis is having a big impact on the trading of over-the-counter derivatives, according to research and consultancy firm Tabb Group. Meanwhile, 57% say the leading impact of the credit crisis is an increased focus on counterparty risk.