The projected stream of initial public offerings in 2010, many on the back of private equity exits, may encounter a frosty market. Sceptical investors will demand aggressive valuations and some question whether the market is yet ready, or indeed has the capacity, for a recovery in IPO issuance. Writer Charlie Corbett
Latest articles from Banking strategies
M&A financing: Prudence takes a bow
February 1, 2010In the wake of financial crisis and recession, conservative acquisition financing looks set to be the norm. But for how long? Private equity will soon be back in the M&A game, increasing competition for assets - and there are already signs that the right credits can secure leverage. Writer Geraldine Lambe
Equity markets show their mettle
February 1, 2010In the dark days at the start of the 2009, few expected financial markets to recover as they did. Even fewer expected records to be broken. They were. Writer Geraldine Lambe
Canada's rare euro excursion pays off
February 1, 2010Canada, rarely observed in the international bond markets, sparked intense interest at the beginning of the year with its debut euro-denominated 10-year bond issue. Will there be more sightings to come, or is this just a one-time foray? Writer Edward Russell-Walling
Lloyds recapitalisation was both trailblazing and rehabilitating
February 1, 2010The £22.5bn recapitalisation of Lloyds Banking Group last November not only kept the institution free from outright government control, but helped to rehabilitate the financial markets. Writer Edward Russell-Walling
Daiwa's Masami Tada on the investment bank's big push
February 1, 2010The chairman and CEO of Daiwa Capital Markets Europe talks about the business's shift from Japanese securities house to pan-Asian investment banking presence with a European footprint.
Will the new PSD deliver?
February 1, 2010The new Payments Services Directive is part of a wider plan to overhaul the European payments area, and provides money transfer operators the opportunity to increase their market share, but will it deliver? By Charlie Corbett.
Remittances move into the light
February 1, 2010With high volumes, strong growth and resilience in the face of severe economic headwinds, the global remittance market is gaining new ground. But banks that wish to capitalise on this growth will have to think hard about what strategy they adopt. Charlie Corbett reports.
Missing a trick
February 1, 2010Attitudes towards the global remittance industry are being transformed. Once dismissed as low margin and risky, many banks are now waking up to the opportunities that a market worth over $300bn annually can offer in straitened times.
The changing of migrant remittances
February 1, 2010The traditional stereotype of the migrant remitter has become outdated as the thoroughly modern, mobile migrant demands ever increasing services and could present big opportunities for banks.