leverage

Amid growing competition, Morgan Stanley’s Julien Begasse de Dhaem gives his strategy for a profitable debt business, from financing ChemChina to selling Formosa bonds.

Pro-market rhetoric by China’s leadership belies the reality for private equity firms, for whom overweening regulation impedes industry evolution.

In contrast to subprime-affected markets, Asian deals backed by financial sponsors will find the leverage they need, albeit at tighter prices and terms.

The outlook for financial sponsors remains positive as BainÆs ability to raise leverage in Asian markets corroborates.

Traders move on and markets forget. These truisms are especially applicable in the arena of derivatives trading.