Overbond Support Framework
Fintech innovation through partnerships will be key for digital transformation of fixed income capital markets Source: McKinsey & Company While true for other financial services, it’s most striking in corporate and investment banking. Fintechs, the name given to start-ups and more-established companies using technology to make financial services more effective and efficient, have lit up the…
As foreign investors seek opportunities in fixed income, Canada is an attractive prospect. Source: Wealth Professional One man’s loss is another’s gain, as they say. And as the current situation in the bond market shows, the maxim applies equally to entire countries and markets. According to an economic analysis by Warren Lovely, managing director and head of…
“There’s two superpowers in the world today,” said Thomas Friedman. “There’s the United States and the Moody’s Bond Rating Service. And believe me, it’s not clear sometimes who’s more powerful.” Capital markets could not function without rating agencies. As financial firms and bond issuers begin to rely more on real-time analytics and data analyses, rating…
Global investment in Fintech has grown more than 7 fold since 2011 and it is no surprise that the industry is poised to further expand and develop over the next few years. As Fintech startups continue to grow, larger companies are increasingly attracted to the prospect of an acquisition (for example, Spanish bank BBVA acquiring…
Silver lining in flat interest rate environment. Canada is part of an exclusive, shrinking club of top tier sovereigns. Source: Financial Post The number of countries with a pristine AAA credit rating is shrinking and fund managers say Canada stands to benefit from being in the ever-more exclusive club. Both Fitch and Standard & Poor’s downgraded…
As shares slide to record lows, Deutsche Bank poses a significant risk to the health of the global economy. Source: The Wall Street Journal FRANKFURT—Deutsche Bank AG is the riskiest financial institution in the world as a potential source of external shocks to the financial system, according to the International Monetary Fund. “Among the G-SIBs (globally systemically…
With trading volumes for US corporate bonds up
