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Solutions exist but political will is necessary
It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
Oil reforms are needed for debt repayment to restart, but will be difficult to accomplish
Positive signs abound, yet deals still to materialise in EMEA
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Reform will be very painful, but worth it -
The higher one climbs the investment banking ladder, the less science seems to be applied to recruitment. While trainees must suffer weeks of formal recruitment process, the biggest P&L drivers are more likely to be tapped up down the pub
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Looming regulation represents a stamp of legitimacy for BNPL lenders, which will lead them to public ABS issuance
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Budget induced volatility could push OATs above covered spreads across the curve
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Tighter control has not dampened expectations of public buy now, pay later securitizations
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French risk ‘the known unknown’ and will ‘get serious' come autumn
