commonwealth-bank-of-australia-sees-opportunities-ahead

Commonwealth Bank of Australia sees opportunities ahead

On January 24, the bankÆs global markets and institutional banking leadership team gathered to discuss the challenges and opportunities resulting from the changed market environment. Here is a summary of their views.
February 18, 2008
The liquidity crisis of 2007 has prompted real reflection among finance and capital markets participants on the matrix of issues impacting corporate-intermediary relationships. Like most global markets, the Australian finance and capital markets have been lashed by the effects of the subprime crisis and the attendant withdrawal and repricing of liquidity.

On the surface, market volume numbers donÆt look too bad. Over the full year 2007 syndicated lending reached record levels of $117.2 billion, up 67% on 2006 equity capital markets ECM volumes rose 13% to $43.5 billion and total MA activity rose 30% to $130 billion. But debt capital markets DCM activity was seriously impacted with volumes plummeting 20% to $100 billion on...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222