Emerging Europe

Prospects for the world’s top banks once again vary from region to region, though they remain unambiguously interconnected.

Jim Esposito, head of syndicate and debt financing at Goldman Sachs

Jim Esposito, head of syndicate and debt financing at Goldman Sachs

The commodity price boom masks fundamental questions about the value of commodity investments in a portfolio, the choice of commodities and the most constructive use of indices. Euromoney’s debate panel grapples with the crucial issues.

Jim Esposito, head of syndicate and debt financing at Goldman Sachs

Separating the wheat from the chaff in debt services

Bankers say there will be further equity capital markets issuance from farming groups in Ukraine in the coming months.

After the bleakest of winters, springtime in the debt capital markets was an especially joyous affair. In April and May there were record new-issue volumes in the US and a revival of the European market. That is good news for large financial institutions and the big underwriters.

20,000,000,000 - 8 - 8.7

CLS adds shekel and Mexican peso...

Focus Capital, a specialist emerging markets absolute return manager, has launched a fund of funds that invests across multiple asset classes.

Who’d be a DCM head in 2007 or 2008? These bankers would. Alex Chambers finds out what the head officials at leading banks think are the key lessons the market has learnt and what the future holds for debt capital markets.

Roberto Isolani, joint head of global capital markets at UBS

Miles Millard, European head of debt capital markets, Deutsche Bank

After the country’s GDP was revised upwards by 32%, Standard & Poor’s downgrade of its outlook has been unpopular, especially as Moody’s and Fitch saw no reason to follow suit. Julian Marshall reports.