Conduits lead to new era in European CMBS

With banks more cautious about straight lending and bond spreads tight, real estate securitization through commercial mortgage backed securities is becoming increasingly popular, with conduit issuance taking a growing share of the market.

Making sense of evolution

The New York Stock Exchange's historic deal with electronic rival Archipelago and Nasdaq's acquisition of rival I-Net dramatically reshape US cash equities trading.

A tale of two worlds: China's markets

China's domestic stock markets are a mess, riddled with inefficient companies, gerrymandered by a meddling government and hamstrung by a vast share overhang.

Greece tries to turn the credit corner

With Greece continuing to run budget deficits that are unpalatable to credit rating agencies and breach EU guidelines, the government must look beyond tax increases to deal with the problem.

Is Japan's REIT boom for real?

Real estate investment trusts have taken off dramatically in Japan, providing a new way to invest in the property market and an attractive rate of return compared to other investment products.

Portugal: Eager for innovation

Since the adoption of an enabling law in 1999, Portugal's securitization market has grown rapidly, embracing many of the innovative techniques and influences seen elsewhere in Europe.