Search results for

HSBC’s management has stated that developing markets are key to its growth – and no market is more important to it than China. A confidential report seen by Euromoney sets out aggressive targets in the country where a global banking empire began. Elliot Wilson asked the executives in charge of the China push if its goals are attainable.

International supranational, sovereign and agency borrowers raised billions in dollar issuance during the first half of the year. This was a continuation of 2007, when volumes from supras and European agencies rose 14% to €241 billion, according to Dealogic. The dollar activity was driven, in large part, by central bank investors that were attracted by wide swap spreads and their wish to diversify away from the government-sponsored enterprises. The woes of the GSEs have increased and the high-level investor sponsorship the European Investment Bank received at the end of August for its $4 billion three-year issue, led by BarCap, Citi and JPMorgan, illustrates the state of the frequent borrower sector.

Growth potential, better corporate governance, a shot of expert knowledge and a troubled stock market are all reasons why family-owned firms might sell stakes to interested outsiders. Alex Warren reports.

The country is looking to the future under a pro-investment government. Foreign banks, private equity funds and manufacturers are interested, but there’s no guaranteed alpha on the Mekong. Lawrence White reports.

The vice governor for international affairs says financial sanctions will not halt the country's growth, as president Ahmadinejad tells the UN the US's years of domination are over.

New governor Boediono has to put the central bank back on track as a corruption trial looms over a previous incumbent.

This debate took place in London on Friday July 11.

Spread-better TradIndex is believed to have hired three new members of staff from rival IG Index. Making the move are Rob Woolfe, who is apparently joining as head of FX, Richard Wiltshire, chief dealer FX and Chris Hawkes, who is going as an FX dealer. It is not clear when they will start.

The dollar’s resurgence got me thinking, which as my editor will tell you, can be dangerous.

For the moment, Locog’s faith in the medium-to long-term equilibrium rate for cable being around 1.60 is starting to look justified.

More currency pairs

I was amazed recently to learn that the accidental exercising of deep out-of-the-money options on the regulated exchanges is a significant problem and, apparently, keeps many operational risk managers awake with nightmares.