Bank Credit Weekly: Asia Remains Risk-On as Supply Indigestion Impacts US Markets
Asia high yield remained in risk-on mode while supply indigestion negatively impacted US market performance. Â A declining US dollar continued to...
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HSBC – Unimpressive
There appears to be a recurring theme with banks, whereby those with high credit costs early in the year relative to recent years, see a marked...
398 Views
HSBC – Not Quintessential Recovery Bank
It is not easy to be excited about HSBC Holdings (HSBA LN) even if there are increasing signs of recovery in many areas where this global behemoth...
372 Views
Bank Credit Weekly: Risk-Off Then On as 1-Month HIBOR Hits 39-Month Lows
Unconventional monetary policy stimulus globally, should continue to push investors into high yield and emerging market bonds over the next few...
405 Views
China Construction Bank: Prospective 10nc5 Tier 2 Bond Is Likely to Be Good Value for the Issuer
China Construction Bank's (CCB) prospective new issue Tier 2 bond is likely to price very close to its existing 2024 callable Tier 2 bond. A flat...
496 Views