Tag Archives: economy

S&P downgrade 3 Aussie Bank Hybrids – do you understand the risks?

The rating agency S&P downgraded a number of Asian Bank Hybrids. Included within this were three Australian Banks – Macquarie, Westpac and the NAB – http://goo.gl/7ypL7t . The agency reviewed their rating criteria and notched down about 60 Asian Banks of which the three Australian Banks were included. For NAB and Westpac, their Hybrids issued before, January

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The Booming Chinese P2P Market

Should we at all be surprised that the Chinese P2P market is booming? Well no we shouldn’t, it has been clear from the recent highly successful Alibaba IPO, that one of the most common refrains from Investment Bankers about China “is that their capital markets are in keeping with something out of the 19th Century”

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