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Chemical sector's growing uncompetitiveness a problem when it comes to attracting investment in the capital markets
When staff complain, they deserve a fair hearing, not a wall of silence
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
Little green men could be closer than they appear
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  • FIG
    Confusion over the out-of-kilter pricing on Banco Espirito Santo’s debt exchange offer highlights the crucial importance of communicating with the market — especially with the Irish precedent of painful burden-sharing so fresh.
  • Here’s a thought experiment. The biggest holder of Greek debt is already the central bank. Is there any merit in the argument that now is the time for the ECB to push the boundaries of monetary policy and do a proper bail-out?
  • FIG
    The news that almost a third of Bank of Moscow’s $30bn loan portfolio may include non-performing real estate loans is a reminder that — in emerging markets in particular — international lenders' credit processes must be strong enough to drill through what can be opaque financial reporting.
  • Regulators’ reactions to the funding crises of 2007 and 2008 have served to make the money markets better prepared for a potential sovereign default in the eurozone.
  • After a blistering start to the year, the European high yield bond market is taking a breather as investors push back on aggressive structures. This is no bad thing.
  • Korea’s regulator appears weak and indecisive over the sale of Woori Bank. It needs to stick to a strategy — any strategy — or further damage its reputation at home and abroad.