May 2010 - May 2010
In a country where the real estate markets have witnessed a spectacular boom followed by an equally spectacular bust – property prices at one point in 2009 were down as much as 75% from their 2007 peaks – it’s no surprise that vendors in Latvia have been pushed to the limits when it comes to trying to drum up much-needed cash.
May 2010 - May 2010
Volatile, opaque market makes for rollercoaster ride; Structural demand/supply levels give grounds for hope
April 2010 - April 2010
Covered bonds have always been viewed as a funding tool to supplement the securitization market, but while RMBS new issuance remains patchy there are signs that the market is gaining traction and going global. Could this be at a tipping point? Hamish Risk reports.
March 2010 - March 2010
Despite shaky state finances, the country’s banking system has so far avoided disaster, partly thanks to the caution of central bank governor Umayya Toukan. But can the kingdom remain a haven of stability? Dominic O’Neill reports.
ISI News - March 2010
March 2010 - March 2010
Shifting assets to the banking book has limited many banks’ ability to actively manage their troublesome asset portfolios.
February 2010 - February 2010
High proportion of deal pre-sold braced banking group to go to market.
February 2010 - February 2010
The story of the Emirate’s debt difficulties
sent shockwaves around the world. Dubai
World’s proposed restructuring has given
its local business leaders and bankers
precious time to begin to get its affairs in
order. A painful adjustment process is in
prospect, even assuming the worst of the
news is out of the way.
ISI News - February 2010
January 2010 - January 2010
January 2010 - January 2010
Succession of deals in closing weeks; UK sentiment lags far behind
December 2009 - December 2009
News that the state-owned company has asked for a credit standstill badly damages the emirate’s reputation.
December 2009 - December 2009
DDR and Fortress provide a glimmer of hope for commercial real estate.
December 2009 - December 2009
DBRS increases market share, expands in Europe; Fitch gains investor approval from re-remics decision
November 2009 - November 2009
November 2009 - November 2009
The post-summer jump in covered bond new issuance has sharply reduced spreads, surprising many analysts. ECB purchases helped recovery but liquidity is bound to tighten and yields correct. Philip Moore reports.
November 2009 - November 2009
Proving that higher spreads, the annihilation of half of the investor base and a global recession can’t keep a good product down, securitization has returned to Europe. Louise Bowman investigates.
November 2009 - November 2009
Spacs convert to special-purpose Reits as time runs out to invest; Hedge funds profit from their demise
ISI News - October 2009
October 2009 - October 2009
Lloyds’ bumper RMBS is good news but it doesn’t fix the market.
October 2009 - October 2009
October 2009 - October 2009
Hopes to raise equity up to $500 million; Turns away from real estate development
ISI News - October 2009
ISI News - October 2009
September 2009 - September 2009
This recession is unusual in that it was not triggered by commercial real estate but has dragged the sector down with it. However, this does not mean that recovery for this asset class will be any quicker or less painful. Louise Bowman reports.
September 2009 - September 2009
Slight pick-up in volumes; Investors see value in battered UK
September 2009 - September 2009
Auto ABS transactions mooted for Q4; Barclays takes soundings for possible RMBS deal
ISI News - September 2009
ISI News - August 2009
ISI News - August 2009
ISI News - August 2009
August 2009 - August 2009
Greenspan’s direction belatedly questioned; The flaws of too big to fail
August 2009 - August 2009
Savings banks expanded too fast and must merge to survive mounting bad debts; Keep an eye on Sabadell as a potential consolidator
ISI News - July 2009
ISI News - July 2009
July 2009 - July 2009
Brady Dougan and Paul Calello stripped down Credit Suisse’s investment banking vehicle as the credit crisis hit. Now they’re showing off a streamlined, non-polluting, yet powerful firm that even their competitors admire. Is Credit Suisse the model of a new investment bank? Clive Horwood reports.
July 2009 - July 2009
$16 billion in Reit offerings have been made in Q2; Reits eye distressed debt opportunities
July 2009 - July 2009
Re-remics salvage value from battered CMBS.
July 2009 - July 2009
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