Getting hooked on credit derivatives - In the old days, mid-size European banks used to lend to local companies and the town hall. Then they discovered they could spice up their rather bland balance sheets by buying credit derivatives. Now for the good part - selling credit derivatives to free up lending capacity. The only problem? Learning how to sell.
|Year of publication:||
Euromoney. - London : Euromoney Publ, ISSN 0014-2433, ZDB-ID 1902325. - 1999, p. 31-33
Bream, Rebecca, (1999)
Covill, Laura, (1999)
Telekom rules OK - Three global coordinators, none of whom were on speaking terms by the end of the deal. A political issuer which was much more interested in a high share price than being nice to banks. A set of draconian rules and regulations for participating banks which was then ignored by the soi-disant sole global bookrunner. Not the smoothest of IPOS.
Covill, Laura, (1996)
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