Where are the bright spots?

Where are the bright spots?

After a tumultuous second half of 2011 in the financial markets, on the face of it, 2012 does not appear to hold much to cheer about, particularly in Europe. What will happen to the Euro? Where will the next sovereign downgrade occur? How much more equity do European banks need in order to restore confidence? There are no quick fixes to this uncertainty. However, as Benjamin Disraeli once said “there is no education like adversity”. In this Market Insight we ask what we can learn from these very volatile markets and where the bright spots might be in 2012.

Market Insight 12-01-2012 Where are the bright spots?

The Eurozone Debt Crisis: Can Structured Finance Help?

The Eurozone Debt Crisis: Can Structured Finance Help?

We all know that Structured Finance has had its own fall from grace in 2008. But now that debt investors have shifted their concerns mainly to sovereign debt whilst the credit performance of structured finance debt seems to be holding up, there is an opportunity for governments to consider applying structured finance solutions, that offer creative ways of leveraging their assets, in an effort to curb budgetary debt problems paving the way for sustained economic growth. In this article we examine the case for governments in the Eurozone to seek out sound structured finance funding as part of their debt packages.

Market Insight 27-09-2011 The Eurozone Debt Crisis: Can structured finance help?

Borrower push and investor pull: Will the European Private Placement market take off?

Ask any European CFO or treasurer what have been the salutary lessons from the credit crisis and their list will almost certainly include the need to move away from an over-reliance on bank funding. With private placements being hailed by many market commentators as part of the solution for companies seeking diversification of funding, we explore what can be learned from the US market, whether there is a need for a European private placement market and in which way a European market could evolve.

Market Insight 09-11-2010 Borrower push and investor pull: Will the European Private Placement market take off?

Bank de-leveraging in practice – considerations for European corporates

The debate on the need for and scale of bank de-leveraging has been put firmly back on the agenda recently, and this time it has been driven by a combination of researchers, regulators and investors. In this Market Insight we consider recently presented analyses and suggest what corporate borrowers can do – and many are doing – to proactively manage their way through a de-leveraging bank market.

Market Insight 16-02-2010 Bank de-leveraging in practice – considerations for European corporates

12