Free content
-
Rep. Scott Garrett, R-N.J., vice-chairman of the House Budget Committee, criticized the lack of coordination between the Commodities Futures Trading Commission and the Securities and Exchange Commission on regulation at the SEFCON III conference in New York today.
-
Five years after the credit crisis began, the hail of blows against the rating agencies is still intensifying. Seven S&P and Fitch officials are at risk of being prosecuted in Apulia, a province in southern Italy. But even if a miscarriage of justice is avoided there, other suits and onerous rules are piling up. Does any investor or issuer — apart from sovereigns — think any of this will lead to better ratings?
-
Japanese loans bankers attempting to increase their yen business from foreign clients complain that the Samurai bond market is stealing their flows. They should not worry. Few other things can boost yen loan volumes like a splurge of Samurai bonds.
-
The Kingdom of Spain still appears reluctant to accept an EU bailout, despite its mounting problems. Positive signs are beginning to appear for other periphery eurozone countries, but the dragging of Spanish heels could make all that good work redundant.
-
The country’s mobile phone operators now have more offshore options to fund their 2G spectrum bids, but they will be exercised with caution as most companies are highly leveraged, analysts say.
-
China’s exports surprised on the upside but bank loans fell, forcing companies to find alternative ways to raise cash
-
Global Bio-Chem, the first dim sum issuer to breach a covenant, is looking to buy back its outstanding bonds at par, hoping to safeguard its reputation in the offshore capital markets ahead of future issues.
-
Top 3 Asia (ex Japan) G3 Syndicated Loans Transactions - 2012 YTD
-
The New York-based salesperson discusses the impact of hurricane Sandy HSBC's improved equities efforts on her clients.
-
– Kevin Rodgers, global head of fx at Deutsche Bank, on how politics are having an effect on the fx market.
-
The Royal Bank of Scotland reduced and restructured its fixed income division, cutting about 20 credit staffers in the U.S. and around eight in London.
-
The US is likely to cede the top spot to China in the next three years while India will also surpass the US over the long term, an OECD report said