Looking back at the past year, it would be easy to summarise the events of 2010 as the global financial crisis Part 1 – the one created by financial market professionals, sleepy regulators, institutional investors and artificially low interest rates – giving way seamlessly to potentially an equally pernicious, tumultuous and damaging global financial crisis Part 2, this time created by profligate, over-indebted European sovereign governments.
Read the IFR Review of the Year 2010 here
Reading IFR’s Review of the Year as we send it to the printers, it is striking what an unusual piece of work it is: it says lots of glowing things about bankers and banking.
Read the IFR Review of the Year 2009 here
Never before in the long history of IFR awards has one bank been so dominant. In what is our equivalent of a “Titanic at the Oscars” moment.
Read the IFR Review of the Year 2008 here
2007 was the most interesting and challenging time for the banking industry for many years. But it is in such times that the investment banking industry really earns its money. Anybody can sell a bond deal or an IPO when the market is always going up. It takes brains, good judgment and maybe even a bit of courage to do so when times are hard.
Read the IFR Review of the Year 2007 here
The past 12 months in international capital markets have been the most benign – certainly the least turbulent – in years, and it still seems too early to call time on the general market ebullience.
Read the IFR Review of the Year 2006 here
The past 12 months in global capital markets gave the impression of being prone to volatility and nervousness, but in truth it was a fabulous year. The downgrades of Ford and General Motors, and the reverse in correlation, created some worrisome moments, but dealers and investors shrugged off the effects pretty quickly, and the credit market continued its rollercoaster ride.
Read the IFR Review of the Year 2005 here
