EuroWeek View: European loan market in the doghouse as US, Asia kick on
The loan market in Europe, Middle East and Africa has improved in the last six months, but not nearly fast enough. The US and Asian markets are growing much more rapidly. Unfortunately for Europe’s loan bankers, this trend could well continue for the rest of 2010.
The loan market in Europe, the Middle East and Africa had a trouble-free first half of 2010. Pricing narrowed, five year tenors were much more common and oversubscriptions were the order of the day.
But it would be wrong to think that all is well. Instead, the market in
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