2020 has been one of mixed fortunes as some segments of the debt capital markets (DCM) showed resilience in a tough environment while others struggled to remain afloat. What lies ahead for DCM in 2021?
Many banks in Hong Kong’s financial services industry have reaped first-mover advantages such as improved cost efficiency and profitability. We examine the building blocks of their success and explore potential roadblocks and challenges other banks are facing.
As fixed income continues to underperform, investors and managers have found new ways to create value in these markets. How have these strategies evolved in the past five years? What will happen in 2021 and beyond?
On November 30, financial regulators announced revised timelines for the expiration of LIBOR for legacy contracts. Meanwhile, December 2021 remains the deadline for banks to stop issuing new LIBOR-based contracts. Given these developments, what should firms saddled with legacy, tough legacy and non-legacy contracts do?
Volatility and uncertainty have reigned in 2020, and segments of the debt capital markets witnessed varying fates throughout the year. Amid a lingering pandemic, some promising geopolitical and medical developments, and continued investor demand for opportunity and yield, how can issuers and banking teams keep moving securitization deals forward?