January 2006
Hedge funds, financial sponsors, weak credit markets,
new advisory business—a lot of opportunity, but not for
the fainthearted.
Abstract
January 2006
Today's warnings about credit risk give firms enough time to protect the earnings they derive from fixed income.
Abstract
March 2005
Emotions can drive market behavior in a few short-lived situations. But fundamentals still rule.
Abstract
March 2005
Companies are what they are, not what their executives want them to be perceived as being. But management can improve the match between share prices and intrinsic value.
Abstract
July 2004
China and India are driving the growth of futures markets, but liberalized regulation would quicken the pace.
Abstract
February 2003
Securitization markets in Europe are growing rapidly, but banks have so far had difficulty reaping the rewards.
Abstract
August 2002
Equity-trading volumes may grow by as much as 17 percent a year from 2001 to 2005, but revenues and profits may be more elusive unless wholesale equity brokers meet the changing needs of their diverse customer segments.
Abstract
December 2001
Developing countries need bond markets. Thailand points the way.
Abstract
August 2001
Should investment banks and brokerage houses stop trading securities? Not if they trade intelligently.
Abstract
May 2000
Hedge funds are commonly blamed for the recent financial crises in Asia and Russia, but banks were the real culprits
Abstract
May 2000
Investors need and deserve markets that serve the interests of all their participants, not just broker-dealers. Four broad changes will get us from here to there.
Abstract
May 1996
There’s new evidence that global capital markets are becoming a reality. They will drive the transfer of technology and managerial know-how across borders. A series of major bond crises is likely.
Abstract
May 1995
Reform of financial services long overdue. Traditional banks suffer at hands of new, less regulated rivals. Repeal the BHCA now.
Abstract