capital markets

"I don't think the impact is going to be all that large, " said Janney Capital Markets analyst Mark Kalinowski.

In the meantime, it is heartening to see some of this capital-markets activity coming out of the shadows.

The bank would be owned by the public, but would raise money on capital markets and be controlled by a commercially-orientated board.

For that reason, statisticians do not count these activities in capital markets as contributing to activity or welfare.

For now, however, the bank's capital markets business is not contributing much to that fee income, but this is a factor of the market.

Between them they are expected to invest at least $50bn in international capital markets during the next two years, JP Morgan estimates.

Capital -markets activity tends to be closely linked with overall economic growth .

Keith Bachman, an analyst with BMO Capital Markets, said the company might offer refunds to unhappy customers.

He never intended to build out the back office and he is not going to have a capital markets business, so why not keep that connection open?

A few years ago, there was no doubt that US capital markets were the gold standard.

Even if Sallie's debt falls to junk levels and its access to capital markets is restricted, these will give it a cushion to fall back on.

"We have pressed hard on capital markets, " he said. "I said I do not understand why there are ownership caps. "

The trouble is, the euro area has no mechanism to help a member that cannot fund itself in capital markets.

Yet despite our collective best efforts, one year on, the capital markets seem to be reverting to business as usual.

For the moment the financial intermediaries will continue to be the banks, not the capital markets . . .

That makes it more clear just how much money China has been putting into global capital markets.

Brazil's booming capital markets are ready to help (see article).

The ratings are also irrelevant so long as Greece does not need to access the capital markets, which means at least the next two years.

Another warning voice was that of Gillian Tett, the FT's award-winning capital markets editor.

Discouraging transactions was frowned upon, especially at firms trying to push their way up capital-markets league tables.

"We've turned the corner in terms of the system's vulnerability, if not in terms of raw units, " says Gerard Cassidy of RBC Capital Markets.

That sort of money can be found only on capital markets. Yet investors' appetite for green schemes is unproven.

Despite all of the turmoil facing the capital markets, the VIX has failed to break out to the upside despite the very high levels.

Michael Gregory, senior economist at BMO Capital Markets Economics, said the employment report was "emitting recession signals. "

Opening of China's capital markets 'has been a much longer, tortuous process than anyone assumed it would be. '

Prior to his move, Wilton was the head of the transactions and equity capital markets group for Norton Rose Australia.

Citi must be able to move fast to maintain its solid share of the fast-growing Asian capital markets, where mega deals are clinched in days.

Merrill also wielded tremendous clout in the capital markets, where BofA was just a small player.

Nigel Rendell, senior strategist at RBC Capital Markets, added: "Greece is now trading like the weakest emerging markets. "

'Liquidity has really dried up in the marketplace, ' Mr. Mackay said, but 'markets that embrace reform will develop deeper capital markets.

Even some of China's regulators have come round to believing that putting their faith in the capital markets might not be a bad idea.

The capital markets seem to have spotted this reshaping of world aviation.

"People who write off London as a capital markets centre - they do it at their peril, " he said.

But the inefficiency of capital markets is only one of the reasons for diversification.

There has been much hand-wringing over the state of America's capital markets and their ability to help businesses grow.

The bank's role is transitional, he says, until private capital markets develop long-term savings and lending instruments.

No doubt capital markets have plenty of problems, often they generate these bubbles.

In emerging markets equity flows have always been important to currency rates due to the relatively small size of the capital markets.

their competitiveness remains to be improved in such immature capital markets and with imperfect governance structures.

they (Asian regulators) will wait for cues from the U. S. to see if dark pools are beneficial or a burden to their capital markets.

TIME was when the decision over where to put a new Canadian capital-markets regulator would have been automatic.

Soon after missing out on AgBank's IPO, the largest in history, two senior bankers left UBS's equity capital markets group last May.

China has a long way to go before its domestic capital markets can be opened up to foreign inflows without it being hugely destabilizing.

"Let's not get carried away that the floodgates are about to open, " said Fraser Howie, an expert on China's capital markets.

Just like the Federal Reserve, it should be responsible for maintaining a sound banking system and stable capital markets.

Although Chinese regulators have again opened the door to foreign banks, their position in domestic capital markets has slipped.

Matthew Koder, joint head of global capital markets at UBS, said: "The themes that dominate are clearly resource related. "

So far this year, central banks in at least 18 developing economies have raised interest rates, according to RBC Capital Markets.

Big losses would be particularly painful for big banks, which have come to rely heavily on card revenue to offset capital-markets losses.

Because of inefficient capital markets, they were, in essence, paying to save, or unable to earn any significant return on their savings.

But Fengquan is one of several Chinese companies starting to take advantage of capital markets in continental Europe.

The money raised on China's capital markets has provided mainland companies with cash for a global shopping spree.

By assuming that capital markets worked perfectly, macroeconomists were largely able to ignore the economy's financial plumbing.

"It is a huge question for regulators and arguably an embarrassment for all European capital markets, " he said.

Capital markets tend to be segmented due to the existence of various barriers to international capital flows.

Our goal is to help support healthy and growing capital markets that lead to job creation and economic growth around the world.

Peter Ryder, chief executive office of Indochina Capital, says Vietnam is still in a learning phase as its capital markets develop.

Globalisation of capital markets led to the convergence of institutional arrangements around the world.

Other companies, a rung or two below in terms of balance-sheet quality, may not have such ready access to capital markets.

"They [China] have more work to do in their capital markets, " he said.

Alan Greenspan, then Federal Reserve chairman, was stunned by an unprecedented seizing up of capital markets.

Analysts estimate that China lenders have raised close to Rmb700bn from capital markets so far this year to shore up their balance sheets.

This week he got to work on the fading supremacy of America's capital markets.

It is a consequence of the globalization of capital markets and the national nature of regulation.

That would help offset problems if the capital markets, like investment banking and related areas, were to falter.

"You see a massive potential for financial meltdown on a global scale, " said T. J. Marta, fixed-income strategist at RBC Capital Markets.

But to the extent that capital markets are at present better able to price and manage that risk than banks, the opposite is actually true.

Bankers say strong growth in the Asian equity capital markets business is reminiscent of the growth in Europe over the previous five years.

Yet it is far from certain that capital markets can satisfy such a high demand for bank capital this year.

Now it's reached the point where global capital markets will impose their own discipline .

Another reason for choosing London was to take advantage of the excellent access to global capital markets.

Although it is stepping up efforts to invigorate its capital markets, they still provide only a small part of its financial needs.

China has more than 130 smaller banks owned by city governments that it hopes to dress up for the big dance in the global capital markets.

But that grim scenario failed to materialise and a measure of calm has re-turned to the capital markets.

Like many things in the capital markets, the argument put forth by Hintz and Dimon makes sense, at least on paper.

China should undertake to open its securities and capital markets sector in a similar way to the opening of its insurance sector.

Defaults are damaging and costly: banks are crippled, governments fall, populations suffer and countries are frozen out of capital markets.

The transactions of Private Equity Investors and Hedge Funds are having a strong impact on the short term movements in the capital markets.

More uncertainty in financial markets, greater fragmentation of capital markets, and a marked reversal in globalisation.

Until two years ago, Mr. Jenkins ran a lucrative group at Barclays known as structured capital markets.

"The company spent too much, as they said they might some day, " Jordan Rohan, an analyst with RBC Capital Markets, told the Times.

Goldman was the busiest firm in the region excluding Japan during the first quarter measured by the value of equity-capital-markets deals.

So far, capital markets have not reacted much to the dismal long-term outlook.

The result underscored concerns that more financially weakened euro-zone governments may soon be priced out of the capital markets.

Without big incentives, will innovators come up with the world-changing ideas, and will capital markets be resilient enough to finance them?

By contrast, Betfair's idea for an exchange came straight out of the capital markets.

The U. S. share of the global stock market is falling as other countries build larger economies and deeper capital markets.

One of the effective ways to prevent risk contagion is to set up firewalls between banking and capital markets.

Likewise, western finance has embraced a vision of globally integrated capital markets in the name of more efficient banking.

Before joining the Equity Capital Markets group, he was a financial analyst for the Investment Banking Division in Global Energy.

Will supply and demand or the workings of the capital markets force any of those 117 companies out of business?

'Those pressure points are becoming more of a tinderbox because there is no relief, ' said Paul Miller of FBR Capital Markets.

One of the ways to restore confidence in the ratings process and capital markets is through appropriate regulation.

Worthwhile as they probably are, such measures look like tinkering when set against the capacity of capital markets to wreak economic havoc.

But because it did not rely on flighty capital markets for funds, it has weathered the downturn better.

Unless far-seeing capital markets provide ample credit, government help may be necessary to give the firm a start.

Corporate bonds is one of the important ways of financing, capital markets is also an important financing tool.

If it avoids the excesses that brought such pain to western banks, it could give China's capital markets a leg-up.

It is also a leading hub for the insurance sector, at a time when it is becoming more closely intertwined with capital markets.

In the long-term, if savings continue to shift from the banking sector to the capital markets some banks could suffer.

They tended to be loaded up with more bank debt, in part because better properties went for financing from capital-markets investors.

Greek access to euro zone capital markets would be impaired for years, stalling the public and private sectors.

The offering, then the world's largest, also helped turn the Brazilian stock exchange into one of the world's dynamic capital markets.

IBRD bonds have been available through brokers or financial intermediaries active in the capital markets for the last 60 years.

Mr Strauss-Kahn rightly took a calculated risk and got the fund into the thick of the capital markets firefight in Greece.

The attitudes of the banks, other lenders and capital markets to leverage have changed, if not for all time, for a considerable time.

Citi said on Tuesday that it "continuously evaluates capital markets opportunities to achieve its strategic financing objectives" .

But such a country would have long been cut off from capital markets anyway.

China's capital markets have been awash with rumours of an impending purge of officials suspected of insider trading.

Borrowers who can no longer get money from capital markets can call instead on contingent funding commitments made by the banks.

'It will be a tough, tough road to try to regain the stature Sino-Forest once had in the international capital markets, ' Mr. Martin said.

Accurate and transparent financial reporting is vital to the integrity of our capital markets and the strength of the US economy.

Topics include portfolio theory, capital markets, equities, fixed-income securities, derivative assets, portfolio management.

In the name of efficiency, western capital markets have gone wild as recent cries for more regulation attest.

Third, advance the opening-up and cooperation of financial and capital markets in an orderly fashion.

Macroeconomists also had a blindspot : their standard models assumed that capital markets work perfectly .

But lifting exchange controls would expose bankrupt and ill-managed financial institutions to the temptations of the global capital markets.

In September, RBC Capital markets analyst Jordan Rohan said MySpace might be worth $15 billion in three years.

What to make of the rash of Chinese property developers queuing up to tap the country's tepid capital markets?

"One does struggle for different things to say about it, " said David Wolf, senior economist RBC Capital Markets.

The last, in turn, would include trade, migration and rewards available to smart players in globalised capital markets.

Cox said that neither China nor Russia has capital markets capable of producing the investment their growing economies will require.

Global financial flows and liquid capital markets have brought massive benefits to our economy since the dawn of global trade centuries ago.

Millions of individuals now depend in large measure on the integrity and stability of our capital markets for personal wealth and security.

This gives Shanghai a license to be aggressive in building a domestics capital markets infrastructure.

As they struggle to reduce huge budget deficits, western politicians almost everywhere are in thrall to global capital markets.

Asian capital markets offer various interesting institutional characteristics and features that are not available in other markets.

More debatable is whether it is good for the efficiency of the capital markets, and thus for the economy as a whole.

Most of all, global capital markets are more able to give high-risk loans to poor nations.

They also welcome the easy access to local-currency loans in Nigeria, one of Africa's most developed capital markets.

It allows only limited convertibility of its currency, the yuan, and tightly restricts foreign investment in the country's capital markets.

But the central government is still a long way from allowing local governments unfettered access to the capital markets.

Revenues from equity capital markets have fallen sharply as fewer companies have braved turbulent market conditions to go public.

Bank of America is sacking up to 5% of its capital-markets unit.

It was also a breakthrough year for India's capital markets, albeit on a smaller scale than its rival.

"McAfee should reap the financial benefits from these deals over the next 12 to 18 months, " said FBR Capital Markets analyst Daniel Ives.

We support these reforms insofar as they create a level playing field that ensures that capital markets return to sustainable growth.

Companies that are looking to raise funding either privately or through the public capital markets.

But in the long run it serves no one's interest if US capital markets are weakened.

With the country threatening both South Korea and Japan, any military action could have catastrophic effects on global capital markets.

It is an ambitious, some might even say foolhardy, effort given the rocky state of global capital markets.

The reform of equity division will affect government regulators, investors, capital markets and corporate governance positively and deeply.

Entrepreneurs from Israel to Indonesia should be visiting venture-capital firms in San Francisco or capital markets in New York.

But capital markets in these countries still lag well behind, due to the weakness of their financial infrastructure.

Real Estate Capital Markets: Examination and analysis of the growing integration of real estate finance and global capital markets.

"The primary reason was access to equity capital markets, and it's hard for me to imagine that really applies in JPMorgan's case. "

Investors are likely to remain wary because Greece will have to raise more money in the capital markets.

Intervention is not dead, of course; but, as the past few weeks have shown, international capital markets are restricting its scope.

However, investors who did not participate say they will continue legal action to prevent the government from accessing capital markets.

KPMG turns knowledge into value for the benefit of its clients, people, communities and the capital markets.

Those are very ambitious numbers given the state of global capital markets.

A few weeks ago it would have struggled to raise money in the capital markets.

include corporate finance, capital markets, mergers and acquisitions, joint ventures and cross Border transactions.

China is in the process, slowly but surely, of liberalizing its capital markets. The renminbi will eventually be fully convertible.

The group cautions that confidence in the competitiveness of Japan's capital markets and its economic vitality are at risk.

The plan's aim, say officials, is narrow: to stop Wall Street from gambling in capital markets with subsidised deposits.

The crisis in the eurozone shows how the herd instincts of capital markets can destabilise an entire continent.

In both countries, new companies must maneuver through an opaque legal system, unpredictable regulations, and volatile capital markets.

They encourage companies to take advantage of global capital markets and venture abroad in search of opportunities.

With millions of old people for the poverty of the mission, Ganzhou look for the leadership of the capital markets this road.

As new markets of capital markets, the research on accounting of OTC market is still a blank spot.

"Tranche warfare" has broken out in the capital markets.

"It is a buyers' market and investors can afford to be picky, " said Tom Troubridge, head of capital markets at PwC.

Asked about newspaper report, the central bank official said: "China is a responsible investor in the international capital markets. "

Countries like Thailand and South Korea, following American advice and pressure, liberalized their capital markets in the early 1990s.

Yet only a handful have accessed the international-debt capital markets over the past two decades.

He hopes the latter move will address a shortcoming of many boutiques: their inability to access capital markets.

Clearly, free trade with free capital markets created a terrific bubble, which is now deflating with terrible consequences.

The capital markets increasingly perform the intermediation functions of the banking system.

Chesapeake, however, was dependent on liquid capital markets and strong energy prices to make its bet work on unconventional gas resources.

Jon Cox of Kepler Capital Markets shares the view that next year "demand will remain robust" within the watches segment.

Under these pressures from capital markets, most executives would begin restructuring and cutting costs immediately.

But it remains a loose grouping of relatively small capital markets, divided by different standards and technologies.

KKR will earn additional fees on the deal, as its nascent capital-markets unit serves as an underwriter on the IPO.

"We have to make sure these new liquidity standards will not put anyone at a disadvantage because of their capital markets, " said Lee.

standardize central capital markets and build the central regional capital market, and standardize and guide the non-formal financing.

The disclosure of accounting information of listed companies is a base for the effective operation of capital markets.

When it comes to blue-chip clients, with easy direct access to capital markets themselves, that may be a problem only for their banks.

The technocrats at China's State Administration of Foreign Exchange (Safe) are not in the habit of stirring the country's capital markets.

As financial derivative products which use more sophisticated in foreign capital markets countries. CSRC in China is still in its infancy.

It would be perverse to ignore market signals when finance is increasingly based on broad capital markets .

The Icelandic krona's freeze in the capital markets had now spilled over into the day- to- day transactions of Icelanders abroad .

As financial fraud cases frequently exposure in Chinese and foreign capital markets, the CPA industry's reputation crisis appeared.

To fund this deficit, India is largely dependent on foreign investors, either through direct investment or through capital markets.

He continues to focus on major mergers and acquisitions and capital markets transactions involving mainland companies.

With equity capital markets in Australia set to finish 2011 on a subdued note, many bankers will be hoping for a happier new year.

Water Cheung , Managing Director, Head of Treasury and Capital Markets, Greater China . Global Head of Debt Capital Markets. DBS Bank Ltd.

The Deutsche Borse is very efficient, offers very quick access to the capital markets and is particularly well suited to fast-growing SMEs.

The World Bank Treasury supports innovative financing flows for climate-smart investment through the funds it raises in the capital markets.

The data reflect deterioration in credit and capital markets that by general consensus has not ended.

But subdued capital-markets activity and write-downs on Greek debt (with the prospect of more to come) are hurting earnings.

The dollar's pre-eminence, like sterling's before it, stems from a range of factors including deep capital markets and military power.

If we contained the amount of issuance of Treasury securities, pressures on private capital markets would be eased.

In the longer term banks will have to adapt as local capital markets develop and businesses expand abroad.

Greece yesterday duly piled back into the capital markets, with Athens launching its first bond deal in more than a month.

Japan now has one of the rich world's weakest venture-capital markets.

The data includes fees earned from mergers and acquisitions, equity and debt capital markets and loans in Asia-Pacific, excluding Japan.

Companies have unwound most of the cross-shareholdings that sheltered them from the discipline of the capital markets.

We have finally realised that these historic problems have not been solved by modern capital markets.

"It reinforces the deflationary fears that the Fed has been voicing, " said George Davis, currency strategist at RBC Capital Markets.

So the accounting systems of listed companies should provide effective information for operation of capital markets.

Like China Milk, a number of Chinese companies accessed international capital markets in recent years.

In 1949, right after it came to power, the Communist Party re-established the capital markets that had been disrupted by war.

Capital markets are therefore driving up periphery country bond rates and aggravating their financial distress.

Firstly, this paper defines the concepts of ownership structure and internal capital markets and sorts out their literature.

domestic and international capital markets have the experience and resources accumulated.

With the integration of the world economy, the integration of global capital markets is gradually accelerating.

In recent years, the volatility of capital markets strengthen, frequent blue-chip fund "turned upside down" phenomenon.

Futures contracts on the CSI 300 started trading last Friday in a milestone for the country's capital markets. Yesterday they tumbled.

Relationships that span decades are hard to unwind but even the banks recognise that the capital markets need to develop.

China's government tightly restricts the ability of foreign firms to operate in its capital markets.

Flush liquidity and low interest rates are fuelling a boom in property and capital markets that may grow to unmanageable proportions.

China needs deeper and broader domestic capital markets to use its high domestic savings efficiently and to absorb increasing inflows.

Money markets facilitate the sale of short-term securities, while capital markets facilitate the sale of long-term securities.

In 2006, with the share reform and the comprehensive management of the brokerage, capital markets into the turning point in real terms.

"Nothing in the capital markets worked any more, " says the chief risk officer at a large western bank.

The firm hired RBC Capital Markets, the investment banking arm of Royal Bank of Canada, to look for suitors.

This course of study trains individuals to manage assets placed in capital markets. and related technical operations.

That could be good news for capital markets as well.

In the global capital markets is not an ideal situation, TMT industry this change is indeed commendable .

and shall enhance the tracking and study of overseas capital markets.

Until this decade, the preferences of investors in developed nations have shaped the evolution of global capital markets.

Mr Trichet believes that focus makes sense, as euro-zone businesses and homebuyers rely more on banks than capital markets for credit.

CCRIF offers participating countries an efficient and transparent vehicle to access the international reinsurance and capital markets.

"Parents are cutting back across the board, " said BMO Capital Markets analyst Gerrick Johnson.

Along with private enterprise and capital markets have come greater prosperity and stability than ever before.

Fast-growing local capital markets could take some of this away.

The full-on sales efforts can trigger dislocations in capital markets, says Lou Crandall, chief economist of Wrightson ICAP.

In fact, creditors have almost no legal legs to stand on to maximise recovery values, RBC Capital Markets notes.

This could lead to a concentration of risk, including a buildup of sovereign debt or asset bubbles in domestic capital markets.

The natural state of capital markets from which fear has been removed is the generation of asset bubbles.

"China's recovery remains solid, but has moderated from the fast pace set earlier this year, " said Brian Jackson at RBC Capital Markets.

Equity capital markets data includes underwriting of initial public offerings, follow-on offerings and other equity-related securities.

Don Carty, the computer-maker's chief financial officer, said: "We do expect to access capital markets to increase our leverage. "

RBC Capital Markets economist Brian Jackson also expects policy makers 'to slow the pace of gains' of the yuan.

Most lack economies of scale and access to international capital markets, despite being vital to the region's commerce.

There cannot be real growth unless there is closer integration with the capital markets.

And all of them, including Shenhua, have listed overseas, submitting themselves to the disciplines of global capital markets.

The US and others continue to complain that China isn't appreciating their currency or ripping open its capital markets fast enough.

And in some ways, it may be easier to develop Chinese capital markets in a downturn, when the risk of overheating is less.

Equity-capital-markets transactions include IPOs and follow-on offerings of shares in already listed companies.

That has made it more expensive for Vietnam to borrow money in the international capital markets.

Africans rightly take pride in conferences packed with Western bankers keen to invest in their capital markets.

As one debt capital markets banker says: "If the alternative is losing your job, you can reinvent yourself pretty quickly. "

But while there are many virtues to America's capital markets and its system of investor protection, there are also substantial flaws.

The notion of social capital markets can seem incoherent because it brings together such a diverse group of people and institutions.

Banks had scaled back staffing across Asia amid a dearth of merger and acquisition activity, and stagnant capital markets.

But emerging countries claim their interventions are to build up reserves, not protect against volatile capital markets.

That would force many U. S. banks to move away from using the capital markets to raise funds and to increase their reliance on deposits.

The group took its name from its first meeting at New Hampshire's Squam Lake in fall 2008 amid the deepening capital-markets crisis.