African IPOs: A drought or a deluge?

Bankers believe that Vivo Energy’s dual listing in May has opened the taps on the IPO pipeline in Africa, but with primary equity markets suffering globally, is the continent really an exception?

Banking: Mutual interests bind the Middle East to Asia

Developments in the Gulf’s markets are increasingly being driven by the presence of Asian – and especially Chinese – banks, so no wonder rival financial centres in the region are competing for a bigger slice of the pie.

Impact banking: Bank of America – not too big to care

Over the last two years, Bank of America has been overhauling its low-to-moderate income business, redesigning branches and products, improving employee retention and working with community partners, but will the bank get the credit its actions deserve?

Hillhouse Capital’s box of tricks

It is worth over $50 billion and its deals are among the most important and influential in Asia, it is at the vanguard of Chinese private equity and yet it talks to nobody, but market participants in Asia and beyond need to understand it.

Are CLO managers getting away with murder?

The amount of dry powder that private equity firms now have means they are sometimes putting even more than 50% equity into deals – it’s a huge cushion that is contributing to reckless lending behaviour in the debt markets.

Investment banking: Is the mega-deal M&A party over?

A string of jumbo strategic corporate deals made 2018 one of the busiest years ever in M&A, but falling equity markets, slowing economies, rising debt costs and geopolitical uncertainties have now dimmed the outlook severely.

SocGen scales back ambitions in CEE

While others race for scale in the region, Société Générale has become the first of the big regional groups to dismantle its network voluntarily.

Emerging Europe: Sovcombank’s star rises

Five years ago it was a niche player specializing in consumer loans for the elderly – today Sovcombank is one of Russia’s largest privately owned banks, with a clutch of new shareholders from China and the Gulf.