In recent months, the securities lending market has suffered from a febrile equities environment and ongoing restrictions on short-sell positions. Can the introduction of central counterparty services restore the sector’s fortunes? Writer Frances Maguire.
Latest articles from Banking strategies
Picking over the Lehman carcass
December 1, 2008Huge question marks hang over the future of Lehman Brothers’ clients’ assets as well as over the prime broker financing practice known as rehypothecation. Writer Michelle Price.
Unblocking the arteries of trade
December 1, 2008Global trade flows have ground to a shuddering halt, due in part to a fundamental lack of trust between buyers, their suppliers and the banks that finance them. Could supply chain finance provide the solution? Writer Charlie Corbett.
Securitisation strategy rethink
December 1, 2008Continued losses for monoline insurers on structured products mean the model may be broken for the foreseeable future. New deals can still be done, but lower leverage will be vital. Writer Philip Alexander.
A hare and tortoise story
December 1, 2008When RZB announced its rights issue in October it was not in response to market pressure, but the final step of a three-year programme to build capital in line with the assets and liabilities of the growing bank. Writer Edward Russell-Walling.
Technical advantage
December 1, 2008As smaller tech companies flounder due to a lack of funds, mergers and acquisitions with larger firms are only natural. Merrill Lynch’s technology investment banking team reflects on its advisory role in a flurry of recent deals. Writer Kathryn Tully.
After meltdown comes an ice age
December 1, 2008It’s cold out there in the markets and in the freezing conditions, merger and acquisition activity has slowed to a virtual standstill. But the market is not entirely dead, and if necessity is the mother of invention, it can also be the mother of the M&A deal. Writer Joanne Hart.
Todd Steinberg, head of equities and commodity derivatives, Americas, BNP Paribas
December 1, 2008BNP Paribas’ head of equities and commodity derivatives for the Americas explains the machinations involved in the firm’s recent purchase of Bank of America’s equity prime brokerage business.
Top 500 Islamic Financial Institutions
November 3, 2008
As the banking industry descends into ever-deeper gloom, the more ethical, risk-sharing approach offered by the Islamic finance industry is attracting an increasing amount of attention. The Banker’s Top 500 Islamic Financial Institutions ranking lists the sector’s key players.
By Stephen Timewell & Joseph DiVanna
Cautiously optimistic in chaotic times
November 3, 2008Saudi Arabia’s strong fundamentals mean that bank exposure to the credit crisis has been limited, and the mood among bankers is bullish. Writer Nadine Marroushi.