Market Leader

President Obama's speech on banking reform this week sent the shares of the big Wall Street banks into a downward spiral. That was not surprising: his statement that 'never again... 2010-01-22

One of the striking features of 2009 M&A is that 2009 marked the first time on record that emerging market outbound M&A volume at US$131.8bn outpaced inbound volume, with most of... 2010-01-15

For those who have been desperate for confirmation that the recovery is not fragile, the Q409 rebound in M&A activity has been a godsend. Just in November in North America, deals... 2010-01-08

Sovereign wealth funds (SWFs) were never predictable, but it seems they have become even more complex as they have mutated with the crisis. Two features of SWFs have become particularly... 2010-01-05

Last week's US$40.7bn super-bid by Exxon Mobil for XTO Energy is viewed by many analysts as a watershed in US M&A activity. Many are celebrating the revival of M&A as a sign of improved... 2009-12-18

Judging by the way Dubai World's debt standstill has resulted in a spike in the CDS spread on Dubai government debt, the market appears to believe that the debt of a state-owned company... 2009-11-27