Mid-way through the second quarter of 2012, it is clear that the initial market exuberance of Q1 is now far from peoples’ minds. Delta One volumes are down and European ETF outflows were close to €4 billion during April 2012, compared to inflows in March 2012 of €2.4 billion. Admittedly, the lion’s shares of these outflows were DAX-related, but distribution d...
Delta One, Hiring, EMEA, Global Markets
Current or pending benchmark IPO transactions -such as ZIGGO, DKSH and FACEBOOK - show that companies are finally returning to the equity capital markets and, as a result, sentiment and corporate finance activity should pick up. And things certainly couldn’t be worse than the void of the last seven months. However, bulge bracket banks are still cautious about pressing the hiring ...
Hiring, Equities, Investment Banking, Global Markets, M&A, EMEA