Category Archives: Credit markets

Next financial crisis locales? Try China and India

Posted on September 4, 2013 by vincentryan2013

As I wrote on CFO.com on Tuesday, China’s domestic banks may face problems during the “great moderation” of China’s economic growth.  A recent S&P report said that the majority of China’s top banks, and many regional and national banks, “remain vulnerable … Continue reading →

Posted in Bank balance sheets, Banking, Corporate debt, Credit markets, Financial crisis, Too Big to Fail, Uncategorized | Tagged , , , , | Leave a comment

Anchor Comes Loose

Posted on August 15, 2013 by vincentryan2013

What a week for Anchor Bancorp of Wisconsin. Its holding company declares bankruptcy, then the SEC comes out today with fraud charges against the CFO. (The case was settled.) A bad earnings report just added icing to the cake. Anchor … Continue reading →

Posted in Bank balance sheets, Banking, Credit markets, Financial crisis, Regulation | Tagged , , , | Leave a comment

A Good Time to Borrow

Posted on August 6, 2013 by vincentryan2013

Is there any end to banks’ easing of standards on business loans? Loan underwriting is getting pretty loose. The Federal Reserve’s Senior Loan Officer Survey for July shows banks easing standards (yet again) for industrial & commercial loans. The percentage … Continue reading →

Posted in Bank balance sheets, Banking, Corporate debt, Credit markets | Tagged , , , | Leave a comment

Oh, to be in the 1970s again

Posted on August 1, 2013 by vincentryan2013

Wouldn’t it be great to get 10% on a corporate bond again? Then again, the inflation rate was 11%. This post is really just an excuse to use Datawrapper. Here’s the interactive version. Related articles The Strategy of Monetary Policy: … Continue reading →

Posted in Corporate debt, Corporate finance, Credit markets, Data, Uncategorized | Tagged , , , , | Leave a comment

Five myths of convertible bonds

Posted on July 24, 2013 by vincentryan2013

Check out a great column on convertible bonds from an exec at Aequitas Advisors. convertible bonds short seller optionality strike price Aequitas Advisers Photo courtesy of Mighty Antar. Related articles Why convertible bonds are too expensive (investmentviking.wordpress.com) Tesla Shares Rally … Continue reading →

Posted in Banking, Corporate debt, Corporate finance, Credit markets | Tagged , , , | Leave a comment