Christopher Spink covers financial restructuring across Europe, as assistant editor for International Financing Review. He is currently focusing on the Eurozone crisis as well as regulatory developments as part of IFR’s People & Markets team. Previously he wrote about M&A for another Thomson Reuters title Acquisitions Monthly. During his 15 year career Chris has also covered AIM companies and venture capital backed businesses, as head of research and deputy editor at Growth Company Investor. He also wrote best-selling book, "How to invest when you don’t have any money", when he worked at investment website The Motley Fool.
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US bulge-bracket investment banks, which have largely undergone restructuring, are expected to steal a march on their lagging European peers when these firms release their latest set of results this month.
Junior bondholders in Banco Espirito Santo may still be bailed in, even though Portuguese authorities are increasingly hopeful that private investors will inject fresh capital into the country’s second largest lender.
Fears receded last week that Argentina will default on payments due to bondholders that accepted its exchange offers in 2005 and 2010, after the nation started meetings with a court-appointed mediator.