20 Mar 2023 TwentyFour Blog Bank of England joins the ECB on hierarchy The Bank of England joins the European Central Bank in stating that there is a clear hierarchy when it comes to a resolution or an insolvency scenario. Read more
15 Mar 2023 TwentyFour Blog Credit Suisse - In the eye of the storm Partner Eoin Walsh explores what the potential outcome of regulatory intervention for Credit Suisse could mean as negative headlines persist for the bank. Read more
10 Mar 2023 TwentyFour Blog Idiosyncratic or wider bank issue? Deposit outflows at Silicon Valley Bank raise concerns over lending quality and mark-to-market losses, but is this a wider issue for the global banking sector? Read more
6 Mar 2023 TwentyFour Blog Will bank lending change the ECB’s view on inflation? European banks’ tighter lending standards are chipping away at corporate loan volumes and adding to the uncertainty surrounding the ECB’s inflation projections due later this month, says Felipe Villarroel. Read more
2 Mar 2023 TwentyFour Blog February pull-back widens the entry point for fixed income February was a nasty throwback to the sort of market conditions that battered fixed income in 2022, but the pull-back has given anyone worried they’d missed the January rally an even better opportunity, says Charlene Malik. Read more
28 Feb 2023 TwentyFour Blog Traffic jam for European ABS issuers With cheap central bank funding fading, European ABS issuers are back to placing deals in the primary market and broadening the range of liquid assets available to investors, says Doug Charleston. Read more
24 Feb 2023 TwentyFour Blog Are markets finally following the Fed? With 2023’s rally halted by the Fed’s hawkish messaging, Felipe Villarroel questions whether markets read the recent jobs data correctly and looks at what it means for terminal rate expectations. Read more
20 Feb 2023 TwentyFour Blog High yield data shows buffer in corporate balance sheets While corporate fundamentals are expected to deteriorate as rate hikes hit the economy, many metrics are pointing to record strength in the European high yield space, says George Curtis. Read more
8 Feb 2023 TwentyFour Blog Let it go, turn away and slam the door With commercial real estate continuing to suffer the effects of the COVID pandemic and inflation, Elena Rinaldi looks at one CMBS transaction highlighting the challenges facing the asset class. Read more
7 Feb 2023 TwentyFour Blog Fundamentals suggest more upside for high yield bonds With risk assets rallying hard in the early weeks of 2023, Chris Holman reviews fundamentals in high yield bonds to see if recent performance has left any value in the market. Read more
6 Feb 2023 TwentyFour Blog Is the CLO whale back in the water? With Norinchukin Bank reportedly looking again at CLOs, Aza Teeuwen looks at the potential impact the return of the one of the market’s biggest buyers might have on spreads. Read more
2 Feb 2023 TwentyFour Blog No, you haven’t missed the fixed income rally Strong performance across markets in January has left some investors feeling they’ve missed out on the rally in bonds. No need to worry, says Felipe Villarroel. Read more