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Progress to bring down government deficit will be slow, warn economists
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
Investors were impressed with how the region's issuers have dealt with the crisis
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The processes of choosing a new Pope and someone to run Crédit Agricole’s CIB may have more in common than you think -
◆ Large book, small concession ◆ Merz stumbled on the path to power ◆ 'Remarkable stability' in Bunds
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Relief at absence of full scale panic is clouding equity investors’ judgement
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Entrepreneurship has been driven out by rule-following
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Being ‘flexible and fast’ proves key for public sector issuers amid uncertain market backdrop
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Direct lenders take the initiative as banks step back
