Features: The Lure Of Foreign Shares

Banks have created 1,400 new unsponsored ADR programs to meet-and hopefully generate-growing demand, particularly from investors in separately managed accounts.     By Gordon Platt   The long drought in initial public offerings has slowed the pace of raising capital ...

Regulars : Mergers & Acquisitions

PEPSI PUTS SOME FIZZ BACK IN M&A; MARKET Merger and acquisition activity is returning to a semblance of normality, with a series of significant deals in industries other than financial services. While financing remains constrained, stock-swap transactions and cash deals ...

Regulars: Corporate Debt

BIG SUPPLY OF DEBT FINDS EAGER BUYERS   Companies in the US and Europe are bypassing bank loans and issuing large amounts of debt, which is being readily purchased by investors seeking higher returns than are available on government securities. ...

Corporate Finance : M&A

MORGAN STANLEY LEADS IN FIRST-QUARTER M&A; Morgan Stanley advised on $219 billion of mergers and acquisitions worldwide in the first quarter of 2009, beating out J.P. Morgan’s $203 billion total to take the lead in Thomson Reuters’ rankings of top ...

Corporate Finance : Corporate Debt

ICE BEGINS CLEARING CREDIT DEFAULT SWAPS AS COUNTERPARTY RISK HITS RECORD HIGH The first central counterparty clearinghouse for credit default swaps (CDS) began operating on March 9, the same day that perceptions of default risk among the largest derivatives market ...