Sentences with phrase «bank debt trading»

«Advanced Distressed Debt Lesson: Bank Debt Trading on the Modern Day Back of the Napkin,» Distressed Debt Investing Blog, May 13, 2013
This is especially true on the downside because high yield investors typically are «privy» to bank credit information — trust me, this is true, as our high yield desk was next to the bank debt trading desk and we were very friendly with each other — and can see when corporate numbers are deteriorating well in advance of equity analysts and investors.

Not exact matches

Though eliminating proprietary trading is the goal, U.S. banks are still permitted to trade in U.S. government debt.
They usually pay good dividends, usually trade for less than their cash or assets in the bank, and are fairly stable (it's very hard for a municipality to not pay back its debts for various reasons, some of them constitutional).
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.
Asian Development Bank chief says trade friction, unsustainable debt could hobble Asia growth
Wages and prices are assumed to fall proportionally, enabling shrinking economies to «earn their way out of debt» by squeezing out a trade surplus to earn the euros to carry the enormous mortgage debts that fueled the post-2002 property bubble, and the new central bank debt taken on to support the exchange rate.
Investment banks often say that underwriting debt and equity issues for companies brings in trading activity, and vice versa.
Obviously, the only thing banks are going to do is to try to work their way out of debt is by lending abroad — by speculating in the carry trade, just as Japan's banks did.
For the United States, on the other hand, a «new Bretton Woods» means a plan to wipe out the U.S. Treasury debt and replace it with «paper gold,» that is, IMF notes for foreign central banks to trade among themselves, to be exchanged for claims on the U.S. Treasury and hence on the U.S. economy.
Revenue from equities trading as well as advising on mergers, IPOs and debt issuance helped fuel gains at the investment bank, with UBS saying the results would have been even stronger excluding currency effects.
He represents issuers and underwriters in public and private initial and follow - on offerings of equity and debt securities, banks and hedge funds in secondary market par and distressed debt trading, and sponsors of and liquidity providers to securitization vehicles in connection with transactions and regulation applicable to their activities.
The financing needs coming due in the first quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank debt that will mature during the quarter», Powell wrote recently.
Its $ 46 billion corporate bond issue in January 2016 was hailed as the largest on record; large bond issues were easier to trade than small ones as banks shied from debt capital market in response to capital requirements.
While that might be expected if the company was a bank or insurance company or had a huge debt maturity looming, it is rare for an E&P company to trade at less than even 1.5 X book.
During his professional career, David has worked for 2 investment banks, which include Morgan Stanley and Smith Barney, trading equities, debt derivatives, commodities and foreign exchange.
The company is established by the talented team of professionals who have years of experience in banking, fund management, debt origination, bond trading and in sharia & conventional field.
Furthermore, he noted: «If there had been no public debt, and no means of disbursing this large sum [$ 45 million since March 1853 by Treasury bond repurchases] and again giving it to the channels of commerce, the accumulated [sterilized] sum would have acted fatally on the banks and on trade.
Broaden the range of eligible assets to include exchange - traded equity funds — following the Bank of Japan — or unsecured bank debt would also be controversBank of Japan — or unsecured bank debt would also be controversbank debt would also be controversial.
The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.
Mr. Speaker, almost two - years into the implementation of the Energy Sector Levies Act, 2015 (Act 899), Government is successfully executingmechanisms to streamline the operations of SOEs and make them financially viable.The ESLA has contributed to paying VRA and TORs debt owed to banks and trade creditors to the tune of GH cents 1.9 billion.
With bank debt at 2 trillion causing debt deflation, a slump in output, supermarkets losing profits because of poverty, a slump in output, a massive trade deficit that requires a massive boost of sovereign currency issue, I would say he is in the neoliberal mold, not the Labour one, and probably not that competent.
(Need I mention the bank debt holders or trade claimants?
Andrew Roberts, the bank's credit chief, said both global trade and loans are contracting, a nasty cocktail for corporate balance sheets and equity earnings, and uncharted waters given that debt ratios have reached record highs.
(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.
Fifth Third Capital Markets is a wholly owned subsidiary of Fifth Third Bank offering investment banking † †, debt capital markets †, bond capital markets † †, equity capital markets † †, financial risk management †, and fixed income sales and trading † †.
However, high yielding stocks are a VERY crowded trade because the Central Banks have kept interest rates low, probably in large part to facilitate servicing of the national debts and to allow the investment banks to recapitalize and at least partially recoup their bad leveraged Banks have kept interest rates low, probably in large part to facilitate servicing of the national debts and to allow the investment banks to recapitalize and at least partially recoup their bad leveraged banks to recapitalize and at least partially recoup their bad leveraged bets.
The trading left the fund with a slightly higher percentage of holdings in less liquid assets, such as corporate bonds, bank loans and asset - backed debt.
Junk debt buyers can be small businesses to large, publicly traded Wallstreet companies and the characters involved in this lucrative business are banking on the consumer not knowing their rights.
Consumer Credit Trade AssociationMembers include banks, payday loan companies, mortgage lenders and debt collectors.
This product, which technically is an exchange - traded note (unlike ETFs that are funds with holdings, ETNs are essentially bank debt in an ETF «wrapper» and produces returns linked to an index), literally doubles down by borrowing a dollar for every buck put into an MLP.
With the US trade deficit widening, foreign central banks can be counted on to print more money and buy even more US debt this year.
In its most basic form, the losing trade, made by the bank's chief investment office in London, was an intricate position that included a bullish bet on an index of investment - grade corporate debt.
The balance of trade, investor and consumer confidence, exposure of banks in one region to sovereign debt in another, the spread of asset / mortgage - backed securities from US financial firms to European banks, companies, municipalities, etc. all play a role.
What I don't get is why a broker would want to lend me more money than what I have in my investment account to let me do the trading... a bank doesn't lend you money if it hasn't made sure that you can repay your debt in full (plus interests).
Identity theft was the # 1 complaint category in the Federal Trade Commission's (FTC) Consumer Sentinel Network Data Book, with 18 % of the overall complaints, followed by debt collection (10 %) and banks and lenders (6 %).
Junk debt buyers from small one man operations to large publicly traded Wall Street companies are buying up this old debt by the billions and are banking on the consumer being ignorant of law and their rights.
The list includes publicly - traded companies and private instructions including banks, debt consolidation companies, and debt relief companies across the nation.
So long as the banking / debt complex is not threatened, the worst you get is something like the deflation of the dot - com bubble, and at present, I don't see what it threatened by that aside from cryptocurrencies and the short volatility trade.
ANZ Philippines provides a suite of institutional banking products and services including domestic and foreign currency lending, trade and supply chain services, payments and cash management, foreign exchange, commodity and interest rate hedging products and debt capital markets.
Essentially, loans were becoming more like bonds: they were becoming debt instruments to be traded between various investors, rather than loans which a single bank would hold to maturity and beyond.
It's a good idea to get some cash in the bank and set up a few automated trading routes before you really try to power your way through the ranks, though, as it can be a time - consuming process and without money coming in it's incredibly easy to lose track of your funds and end up in debt.
He has experience in collections (writs of attachment and possession and receiverships), equipment and vehicle leasing, Fair Debt Collection Practices Act, Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act, Truth in Lending Act, Unfair Competition Law, Uniform Trade Secrets Act, Commercial Code (sales, negotiable instruments and secured transactions), banking, mortgage lending and shareholder disputes, insurance, First Amendment and privacy matters, breach of contract, labor, business torts, intellectual property (trademark and copyright), eminent domain, foreclosures, and other real estate matters.
His transactional practice includes advising companies and investment banks on initial public offerings, block trades and investment - grade, high - yield and convertible - debt offerings, as well as advising crypto - asset managers on fund formation and distribution.
Established in 1983, the firm specialises in all aspects of corporate and commercial law including capital raising, listings, corporate and trade finance, competition law, banking and financial services, M&A, bonds and other debt or capital instruments, rights issues, marketable investment instruments, listed securities, mining and resources, energy, tax, privatisation and public private partnerships.
These include general banking, leveraged finance, asset finance, trade and commodity finance, derivatives, structured products, prime brokerage, debt and equity capital markets, securitisation, high yield debt, distressed debt, corporate trust, restructuring, private equity / venture capital, private wealth management, funds, regulatory, consumer finance, consumer credit, and insurance (corporate, retail and litigation).
In the derivatives arena, Morgan Lewis advises and counsels banking clients around the globe on a wide variety of issues with respect to all categories of over-the-counter and exchange - traded derivatives, including equity, debt, credit, commodity, interest rate, currency, and weather derivatives.
Our global securities team helps banks and bank holding companies comply with all requirements as issuers of their own debt and equity securities, and as participants in the full range of corporate finance and public markets and trading activities.
She represents parties such as banks and financial institutions, debt buyers, asset buyers, landlords, and trade creditors in various proceedings, including bankruptcy cases, foreclosures, workouts, and receiverships.
Investment banks rely on short - term debt to run their businesses, and their businesses consist of activities — trading, deal - making, money management — that depend on people's faith in their ability to honor their obligations.
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