RBC nabs BarCap’s Taor for public debt role
Trading talk: December 2010
Deals in Focus: ICICI Bank
Emerging markets: Hot or not?
In an interview with Credit, economist Nouriel Roubini talks about the danger that sub-par US and European growth becomes entrenched, and offers his views on whether Ireland and other peripheral Eurozone countries will be able to solve their debt woes
European Union action on Ireland’s bank debts points to fears over contagion spreading across peripheral Europe.
Sean Taor joins RBC as head of public sector DCM after 18 years at Barclays Capital.
Blockbuster bankruptcy highlights dangers to investors of obsolete business models
The rise of protectionism
When the luck of the Irish ran out...
Special report: Germany
Stabilisation funds could become big beasts in bonds
Laurent Crosnier becomes CEO at asset management firm Amundi London.
Coping with correlation
Corporates to drive EM growth but watch financial market development, say Credit Institute panellists
Panellists in the Credit Institute forum on ‘Sovereign or Corporate, Global or Local’ said that corporates will drive credit growth in emerging markets, but investors cannot afford to ignore financial market development or to forgo due diligence.
US corporate restructuring and balance sheet improvements have drawn investor focus to corporate credit. But technical factors make financials look attractive.
Regulators have given governments the freedom to decide at what point triggers should cause debt to be written off, giving investors a headache
Nomura chief economist Richard Koo warns the US and European economies face double-dip recession and a prolonged period of economic stagnation if stimulus is cut too soon.
China’s local governments have channelled their debt through off-balance sheet financing vehicles that leave creditors little recourse to repayment in the event of default. Calls to reform this system could result in the formation of a municipal bond...
Jim Merli leaves Barclays to take up newly created position of head of debt origination and debt syndicate for the Americas.
European financial markets have been turned upside down by the sovereign debt crisis, with eurozone government bonds no longer regarded as completely risk-free. As a result, dealers are more wary of the correlation inherent in collateral denominated in...
Investors in bank subordinated debt and hybrid securities could be exposed to elevated credit risks if regulators push ahead with proposals whereby creditors bear losses before public sector support is given, says Fitch Ratings.
The International Energy Agency says game changing events including sovereign debt issues, China’s oil demand and the BP Gulf of Mexico oil spill have forced it to revise the way it assesses oil markets