City Dionysius – More Greek Tragedy
* Greek bank problems may be worse than current disclosures suggest;* Brinksmanship of IMF and ECB likely will cause unnecessary global market...
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Greece EM→DM Reclassification: Trading the Passive Flow Dislocation
Greece’s EM→DM shift is structurally positive but mechanically disruptive, with ~$13bn of index turnover driving short-term dislocations and...
201 Views
Bank Credit Weekly: Bank Mandiri and RBS Issuance Suggest Value in the Market
The rally in Asia’s high yield index stalled with spreads largely unchanged week-on-week. All Asian bank subordinated Tier 2 and Additional Tier 1...
496 Views
Asian HY Banks & The Global Debt Capital Markets
In the global debt capital markets, Additional Tier 1 (AT1) bonds continued to price at levels attractive for their issuers. In addition to...
498 Views
Piraeus Bank: A Port of Call
At Q319,Piraeus Bank SA (TPEIR GA)reported a PH Score™ of 10 revealing benign trends in core indicators as befits a positive restructuring...
462 Views