Top Section/Ad
Top Section/Ad
Most recent
A swift response is tempting, but lenders should avoid kneejerk reaction
Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing
Inflation caused by war threatens budding recovery in commercial real estate
Renewables can make Europe’s capital markets less vulnerable to energy price shocks
More articles/Ad
More articles/Ad
More articles
-
Of all the strange distortions and economic madnesses introduced by capital rules, operational risk capital tops the table. Rather than simplify it, the new Basel rules should scrap it.
-
US Treasury secretary nominee Steve Mnuchin’s statement during his confirmation hearing that he did not support the recapitalisation and release of Fannie Mae and Freddie Mac should confirm observers’ suspicions that the new administration is not going to prioritise the reform of the government sponsored enterprises (GSEs).
-
Holders of newly nationalised PrivatBank’s Eurobonds are pushing back on the National Bank of Ukraine’s plans to bail-in the debt, but the government should not have to take on the liabilities of sophisticated lenders in event of a default. But it does need to be much clearer about its plans.
-
Dealers are already running low on covered bond inventory and with this year’s first rush of new issues now done, a squeeze is already starting to get underway.
-
Investors in US banks might be looking forward to regulatory easing under President Trump’s administration, backed by a Republican Congress. They might eventually see some benefit, but a steeper yield curve is much more important.
-
Hong Kong’s primary equity capital market is in trouble. The city was the top global IPO destination by volume last year — a title it also held from 2009 to 2011. But the market is in the midst of change with disgruntled investors and restrictions on capital outflows from China set to start hitting business. With no fix in sight, the worst is only yet to come.