Deal flow to continue into Q1; Strong foreign capital inflows in Brazil

A stand against foreclosures might be a vote winner but it has deleterious economic consequences.

Development bank crowds out private sector; But has vital role in infrastructure development

Bond resurgence eschews riskier banks; Project bonds might seal demise of loan dominance in Gulf

A merger between the companies that own the Australian and Singapore exchanges is only a first step towards an integrated market.

The proposition that if you build an investment banking franchise clients will come was severely tested in the third quarter. Sales and trading revenues were weak for most dealers, though with wide variance between big firms. Results were particularly poor for banks such as Morgan Stanley and UBS that had been rebuilding their investment banking franchises on the assumption that an aggressive push into flow business lines would result in increased client volumes.

There has always been something rather tacky about the financial market’s habit of naming bond markets for borrowers issuing in a foreign country by picking the most stereotypical associations. Thus bonds marketed by foreign issuers in Japanese yen are samurais, Australian dollar bonds are kangaroos and so on. Euromoney reckons that the names evoke a less than progressive attitude towards the internationalization of markets.

Implications for short-selling bans; CCP should boost liquidity

Pension funds are slashing their allocations to equities and reorienting their portfolios to more accurately match liabilities. Strategically that makes sense. Tactically it smacks of buying at the top and it is already creating distortions in markets.

Senior RMBS bondholders will pay the price from US mortgage chaos.

Year-end markets boom continues; JPMorgan reaches the top

The EU’s plans to tighten measures to prevent eurozone instability and discipline transgressors are admirable in theory. But implementation will be a tough task and is not in any case achievable until 2013.

The easy environment is pushing asset prices in Latin America to boiling point.

In September and October a torrent of tightly priced Asian bond deals pushed established investors along the yield curve and swept in new names. The more exotic the deal, the more investors flocked to it. But there are concerns that too much money is flowing into Asia. Lawrence White reports.

The confirmation of disappointing third-quarter sales and trading revenues for most banks set the stage for a crucial fourth-quarter push by investment bankers – the push to maximize their own bonus payments.

Return to positive growth in 2011; Credit risk spreads down, equity investor interest up

There’s rarely been a better time to be a mortgage banker in the US.

Chinese appetite for Russian risk remains relatively weak; Rare IT flotation on the way in London

Is it bonfire night or bonfire of the vanities at Credit Suisse? The Swiss bank has reported mediocre third quarter results for 2010. Group net income plunged by 74% (year over year) to SFr609 million, pre-tax profits at the investment bank were down 50% from the second quarter and group return on equity was 7%.

Spanish lender looks for growth abroad; Other Turkish lenders expand their horizons

Cairn boss breaches protocol; Vedanta struggling to raise cash

Latin America’s debt market is setting new benchmarks, demonstrating the region’s rapid progress. But are things going too fast? Sudip Roy reports.

Spate of interventions boosts volumes; Emerging countries seek to stem capital inflows

Swiss bank announces key hires; Next step in recovery from Pactual sale

CEO Khosla sees China as key; Banks outsource research, advisory to cut costs

Pan-African group restructures operations; Investment unit to trade 17 African currencies

To hire seven FIG bankers by December; Adding 50 in Asia over next nine months

The SEC and Commodity Futures Trading Commission’s findings on what caused the May 6 flash crash are not convincing everyone involved in trading.

In the past few years the country has reduced its dependence on offshore banking and links to Argentina and has grown its exports of agricultural produce and position as an important entrepôt. But its capital markets remain severely undeveloped, a situation that might be improved by a programme of privatization. Jason Mitchell reports from Montevideo.

Second rise in as many weeks; Analysts sceptical of its effectiveness