The transformation of the financial sector unleashed by the dual and inter-dependent post financial crisis cycles of super-regulation and strategic recalibration is all too often viewed through the lens of the primary agents: the banks. At the end of the day, though, it’s the clients who are impacted by changes to their financiers. It’s clear that as banks renovate their product offering; update their book of core clients and revamp their geographical footprints, clients need to be aware of what

IFR: Can I ask you for your perspective on 2016, Roland? We haven’t talked about acquisition finance yet but it’s been a fabulous year globally for M&A and banks have been very big providers of M&A liquidity. So when you give your perspective, can you factor in acquisition finance?   Roland Boehm, Commerzbank: From a bank perspective, we would love to see more corporate activity, especially in Germany. We’ve had a very good acquisition finance year in EMEA but it’s been slightly weaker i

IFR: Peter, how much do you want to get involved in the name-by-name allocation of your bonds? And if you are in the market that regularly, would you consider direct issuance in specific circumstances?   Peter Zirwes, Daimler: Let’s put it this way, a functioning market definitely has its advantages. The broader the market is, the better it is so I would say a functioning market with banks as intermediators is very helpful, just as we experienced in the past. But things have moved on and, as we

IFR: Good afternoon and a warm welcome to IFR’s German Corporate Funding Roundtable. As the title suggests, I’m eager to explore how the landscape is changing, both from the sell-side perspective and – since we have some leading corporates around the table – from the borrowers’ perspective too. We hear a lot about the changing landscape on the lending side, given the issues the banks are facing around capital, liquidity, leverage and resolution. We also have a challenging external economic envir

Roland Boehm Global Head of Debt Capital Markets Loans Commerzbank   Caroline Brugere Head of IG Credit Research Allianz Global Investors   Steffen Diel SVP & Head of Global Treasury SAP AG   Ingo Holden Head of DCM Germany, Austria & Switzerland; Global Head of Schuldschein HSBC   Peter Müller Head of Finance Bayer AG   Peter Zirwes Head of Corporate Finance Daimler   Keith Mullin Editor-at-Large, IFR     To see the digital version of this roundtable, please click here To purchase print