Articles
17 Nov 2010
The Third Way: OTC Derivatives Markets for End Users
For a long time, we have been concerned by the common practice in Over the Counter (“OTC”) derivative markets of end users conducting all their hedging activity with a small group of their “relationship” banks.
22 Sep 2010
Maximising enterprise value in the not-for-profit sectors
Corporate finance theory has long established that companies should maximise their Enterprise Value no matter who the shareholders are.
26 Mar 2010
The legacy role of banks in non-bank funding and hedging
Banks have traditionally provided funding and hedging acting as principals. The financial crisis has critically reduced banks’ appetite for risk, thus often reducing their role in several traditional investment banking functions to that of ‘matched brokers’.
