November 2010

Main

Top stories

Securitization: Mortgage banks hit by putback time bomb

Western Europe

Ireland: Lenihan’s room for manoeuvre

Latin America

Debt markets: Has Latin America reached boiling point?

Faster routes needed for Brazil’s infrastructure

Fast-growing Uruguay is still an underperformer

Middle East

Middle East: Welcome to Erbil, Iraq

China

Pettis debunks China myths

Asia Pacific

Capital controls signal caution as Asia bonds boom

Turkey

Turkey: Not the year of the IPO

Afghanistan

Why Farnood was flushed out of Kabulbank

Emerging Europe

Russian investment bankers don suits

Budapest blues

Regulation

Regulation: Improving on the FSA

Banking news

Asset management: RBC pays a full price for BlueBay

South Africa: Nedbank eludes HSBC

People: US investment bank Jefferies adds heads and looks abroad

Markets news

Distressed debt: Small is beautiful for distressed investors

Sovereign bond markets: CDS liquidity benefits sovereign deficit funding

Foreign exchange: Volumes and volatility benefit in currency wars

Securities trading: Circular trading – Hot potato may be a red herring

Asia news

China’s IBs challenge global rivals for revenue

India: Vedanta’s Cairn acquisition runs into obstacles

Outsourcing comes to investment banks

China: Government AMCs to become new conglomerates

Latin America news

Brazil: Is BNDES too big for its own good?

Capital controls: Brazil raises tax to stem inflows

Investment banking: UBS fills Brazil leadership roles

Equity markets: Issuance boom will continue

EEMEA news

Russia: IRC forced to halve size of Hong Kong flotation

Saudi Arabia: Global investment banks bolster Saudi operations

Turkey: Spain’s BBVA takes a Turkish cure

Kazakhstan: Nurbank looks to leave school for scandal

Africa: Ecobank launches investment banking arm

Latvia: Election victory sets path to economic recovery

Middle East: Banks bypassed as debt market flares

Market leaders

Latin America: Fighting weapons of mass liquidity

Bond haircuts: Anglo Irish may be the tip of the iceberg

US foreclosures: Between a rock and hard place

RMBS: Securitization stuffs the seniors – again

Investors: Getting the most out of emerging markets

Nedbank: HSBC leaves Africa in the lurch

Proposed ASX and SGX merger: Two don’t become one

Columns

Abigail with attitude: No one rings a bell at the top of a market

Macaskill on markets: Banks will reassert their structured offerings when flow is not king

Macaskill on markets: Bad days for bonus maximizers

Inside Investment: Pension de-risking is a risky business

Against the tide: Growth and Stability Pact – Stiffer discipline for Europe

US mortgage mess hits government credibility

Front End

Gold: Bling bag befits your bullion

Irish sobriety

Renminbi-denominated bonds: Hong Kong licks its lips for dim sum pun fun

Mozilo to the rescue

Quotes of the month

Off the record