€2.5 billion orders for €1 billion deal; Deal underscores appetite for peripheral risk

Intensified property speculation in Dubai is one of the more worrying signs of excessive risk-taking in emerging markets.

QE has artificially suppressed the yield on government bonds, as it was supposed to, but the unintended consequences of unorthodox monetary policy might be felt for years.

Value pushed to off-the-run names; Terra Firma hawks jumbo PIK deal

New low-yield record created; Transaction ‘changes course of bond history’

US election builds fragile confidence in equities; Volatility persists

Conversion-free notes could be a watershed moment in the repair of European bank balance sheets.

Finance minister’s balancing act; Seeks to limit impact of eurozone crisis

Brady Dougan is meant to be an excellent manager and people enjoy working for him.

Hedge funds and private equity grab opportunities; Dromeus launches Greek recovery fund

EDTF adoption might regain investors’ trust; Report deserves credit as private-sector solution

John Hyman named CEO; Jennings refocuses on Africa

Knowledge gives locals the edge; Deal is too small for internationals

To the outsider, this reorganization again seems odd.

It was the month, rather than the night, of long knives in investment banking this November.

Pushes for higher bid; Abstains from executive pay vote

The strong performance of UBS shares, since it announced it will radically shrink its investment bank, is heaping pressure on others to follow suit.

The US Treasury decision to exempt FX swaps and forwards from regulation under the Dodd-Frank Act should not be a surprise to anyone participating in the FX markets.