Top Section/Ad
Top Section/Ad
Most recent
Turbulent market conditions of the Middle East war have pushed bond issuers and investors to try new things
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
More articles/Ad
More articles/Ad
More articles
-
On the surface, 2014 looked to have the makings of a vintage year for Asia’s equity-linked market. But judged against bankers’ predictions, it seems to be heading for another disappointment. For a year that promised so much, activity has been lumpy and there’s been plenty to derail the market along the way. -
The US Federal Reserve told 11 banks last week that they had failed utterly to draft so called living wills — plans for how they would raise capital in a crisis and how they could be resolved in a hurry if they go under. It was right, they had failed. But the whole concept of living wills is shonky.
-
Given that covered bonds have been carved out of bank resolution, should they still be considered a part of bank credit? Investors should think about redrawing their credit lines to distinguish between state-supported and bail-in debt.
-
Russia is now subject to its toughest economic sanctions since the end of the Cold War. With the US and Europe effectively closed to them, Russian borrowers are searching for other options. Asia is top of their list, but they are unlikely to find the support they want.
-
It would be absurd for a banker to lobby for a ban on the instrument of his or her trade. And yet, the European Union’s latest round of sanctions against Russia has created an absurdist’s dream in which syndicated loans were not banned but it might well have been better for western bankers if they had been.
-
Loans bankers were looking for silver linings this week in the run up to deeper sanctions against Russia. At least the market has shut down in August, when Russians take their summer holidays. No deals would have been done anyway, so no matter. But the situation will not be over by the autumn, and August is not the listless month many market participants assume.
