Aussie firms use derivatives to build hidden M&A positions

Lack of disclosure in stake-building process raises questions

camouflage-binoculars

Low volatility across all asset classes has led to a tough year for Asia foreign exchange and interest rate dealers, but their colleagues across banks' Chinese walls are having a better time. Mergers and acquisitions (M&A) desks have been busy, with the focus of activity on China and Australia.

Australian M&A activity is up 92% year-on-year in the period up to August 2014 to $83.4 billion, while the broader Asia-Pacific region has seen volumes increase by 63% to $463 billion year-on-year, accord

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: