Posts Tagged ‘Financial Services’

Bankers turn bullish about bid activity

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
Following two years of depressed levels of worldwide deal activity, rising equity markets and lower valuations make mergers and acquisitions bankers confident about a pick-up next year Read More »

Capital markets expect bonanza to go on

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
Debt markets have seen record issuance this year while share issues to shore up balance sheets boosted equity markets well beyond most expectations Read More »

Insolvency pay-outs at record levels

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
Trade credit insurers have paid out a record high amount of claims, reflecting the peak of high-profile insolvencies seen at the end of 2008 and the start of this year Read More »

Ireland meets economic crisis head on

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
With swingeing public sector pay cuts and other unpopular measures announced in this month's budget, Ireland appears to be taking its medicine Read More »

Rolet’s new broom sweeps LSE

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
Xavier Rolet, chief executive of the London Stock Exchange, says that he is prepared to 'change the nature of clearing in the UK' if talks with Euroclear do not succeed Read More »

Glencore takes step closer to flotation

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
The world's largest commodity trader has taken the first step towards becoming a public company by selling $2.2bn in convertible bonds, a move that values the Switzerland-based company at $35bn Read More »

Glencore opens up equity capital to outsiders

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
The private commodities trader invites some of the savviest participants in resource investment to anchor the company ahead of its probable flotation Read More »

Lenders unable to agree on restructure plan

{ Posted on Dec 23 2009 by Financial Times - Financial Services }
Lenders to Almatis have failed to agree either a plan by Dubai International Capital or a rival proposal by Oaktree Capital, to restructure its $1bn debt and take control of the company Read More »

Top hedge funds bet on big rise in yields

{ Posted on Dec 22 2009 by Financial Times - Financial Services }
The recent rise in long-term US interest rates has come as good news for several leading hedge fund managers Read More »

Financial reform is flawed, says CBOE chief

{ Posted on Dec 22 2009 by Financial Times - Financial Services }
Bill Brodsky, chief executive of the Chicago Board Options Exchange, says the debate on Capitol Hill over reforming financial regulation is focusing on the wrong issues Read More »