As credit and equity markets crashed again in November, mounting problems in the US government bond markets went almost unnoticed. There are worrying signs that the treasury market itself, the last haven for risk-averse investors, is breaking down. Deliveries of treasuries failed at an all-time high of $2 trillion, and over periods lasting weeks, starting in October. Helen Avery reports.
Fails to deliver in the US equity market have exacerbated the sharp declines in share prices of financials. Although the SEC is clearing up the mess caused by naked short-selling, more drastic measures might be needed to restore confidence. Helen Avery reports.
The market is growing fast in Muslim countries and among Muslim communities. Its fuller development, Euromoney’s roundtable of experts suggests, depends on clearer views on objectives, further development of regulation and standardization of products and approaches.
Longevity risk is a continuing, ever changing problem for pension schemes, determining the assets they have to deploy to cover their liabilities. Seven specialists look at how risk is identified and the different techniques and products available to cope with it.
September 2008
It could be the perfect storm – financial, macroeconomic and geopolitical risk are all on the rise. Risk is both where you anticipate it, and where you least expect it.
August 2008
Regional buoyancy and declining opportunities elsewhere are pulling banks into the Gulf region, bringing with them research capability. Local firms still lead Euromoney’s poll but foreign rivals are coming up fast. Rupert Wright reports.
July 2008
Find out which institutions have excelled this year in providing high-quality products and services across all areas of commercial and investment banking. The Euromoney Awards for excellence define banking excellence in global categories and across 110 individual countries. Over the years these awards have set the standards for banking and capital market excellence amongst the top ranking financial institutions around the world. Awards are based on on outstanding performance, quality service, innovation and momentum.
May 2008
Foreign exchange has arguably held up better than any other financial market in the fallout from the sub-prime crisis. Will its robustness result in it being taken more seriously as both a business and as an asset class? And which banks have fared best in Euromoney’s benchmark industry poll?
February 2008
The growth in size, expertise and therefore competition in the Shariah-compliant market in 2008 made Euromoney’s choices for our Islamic finance awards the hardest to date. The best firms not only got bigger, they brought new levels of innovation to bear in a series of landmark deals.
February 2008
During the course of 2007 launching deals went from being the easiest in history to perhaps as tough as it has ever been. But the finance industry continued to show it could produce the goods whatever the market’s conditions. These are the deals where issuers and advisers got their timing and structure just right.
January 2008
Private banks attached to investment banks have benefited from the access to balance sheet and innovative products that the relationship provides. But with Wall Street suffering dramatic losses as a result of sub-prime mortgage exposure, will that relationship be the private banks’ downfall? Helen Avery reports.