All GLG News Analyses Filed Under: Investment Banking & Commercial Finance

HSBC's indications do not necessarily indicate the extent of change in the market. Since HSBC is very forthcoming with their news, they do not capture some lenders who have not been in the past. These other lenders, some of whom are significantly larger than HSBC, have been deferring some wirte offs...

Shares in some of America's biggest banks slumped to their lowest level in several years on fears they may have to write-down multi-million dollars more from their exposure to risky mortgages, CDOs, (collateralized debt obligations) SIVs (structured investment vehicles) and leveraged loans. Banks that...

China is making a step in the right direction. Emerging markets are where the fruit is ripening for the picking. An Opportunity for the Sub Saharan Africa to grab and utilise to pick up its development pace.

The  departure of  Stanley O'Neal  after  a  major  writedown  signals  an epoch  changing  event  in  the  financial  services  industry  and  epitomizes  the  effect  of  excessive  risk ...

Bank of america needs to adopt a more gracious policy when dealing with its customers to insure that it maintains them as future customers.  These people will talk and their potential customers will decrease if they have a hard ball image.

Leveraged loan will cause more losses in case CLO market seizes further. Banks as CDS counterparty will have to recognize losses when swap writer face default. Funding for loans will be much more scarce.

Debt negotiation has been increasingly more difficult; However, a recent call from Bank of America may be a light for a dark tunnel. How so? We recently learned that a client of ours was telephoned by a debt collector from Bank of America. Normally, they do not work with us affirmativly. Our client...

Investment banks had a choice this quarter.  Recognize losses now, or hope things improved next quarter and they could hide them now and try to rectify them later.  Merrill chose to take the pain.  Other banks that posted profits this quarter now have statements that are suspect in...

Banks are a main driver in our economic system both in growth and employment. Their use of moving "risky assets" outside their balance sheet is dangerous and it takes risk far from the only one that can really manage it. This habit has gone on for too long and will not be fixed overnight.

Structured finance allows more efficient capital use and will persist.  The market will revert to more conservative and consistent constructs in the face of elevated risk realization. Investors will demand secondary market liquidity rather than estimates provided by intermediaries who also...