Search results for

Bavarian structured finance banker's national dress accidently arrives in suitcase packed for glittering awards do

More evidence of the chronic staff shortages still faced by Asia’s private banks came in September with news that UBS, the largest private bank in the region, has resorted to constructing its own purpose-built training facility for new recruits and existing staff to cater for the demands of its burgeoning Asia wealth management business.

Euromoney's Annual Asia Company ranking is based on a survey of market analysts at leading banks and research institutes in Asia. We received replies from 49 institutions and analysts. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, bearing in mind market strength, profitability, growth potential and quality of management and earnings.

“Nobody should be scared of socialism, it’s about equality”

As summer draws to a close, bankers and investors are gearing up for the rush of new bond issues that traditionally hits the market in the last quarter. In the emerging markets it’s little different. The pipeline of deals out of Russia is strong, Asia is witnessing one of its busiest times of the year and Latin American issuance should pick up now that Brazil’s election is out of the way. Even in the Middle East, corporates are beginning to appreciate the benefits of the capital markets.

Although benchmarking has a part to play in some areas, there is no single approach to best execution that suits all markets.

The possibility that the long end of the US yield curve might continue to invert has supported long-end issuance from international sovereign and supranational issuers.

While the current stage in the leverage cycle benefits corporate borrowers, concern has been raised about the protection that bondholders receive against declining ratings and event risk. Does good corporate governance have anything to offer this set of stakeholders, and should it have? Florian Neuhof reports.

Further regulation on delivery needed, says consultant.

Zar Amrolia has been appointed global head of foreign exchange at Deutsche Bank. His promotion is one of a number of senior-level changes at the bank. Amrolia replaces Jim Turley, who had the wider role of head of global currencies and commodities. In turn, Turley has moved to become global head of the institutional client group, replacing Brian Reid, who is taking a sabbatical after 21 years in the industry. Sources say that Reid intends to return to Deutsche in 2007. Someone familiar with Deutsche’s structure described Turley’s new role as “huge”. He will have global responsibility for the bank’s institutional investors and hedge funds.

Taking the successful US CRE CDO model and simply applying it to the European CMBS market is unlikely to work.

Investors get fat yields as rating agencies seek extra credit enhancement.