News
High-yield bonds end with a whimper
www.ft.com
[Financial Times] - “The economic cost of being non-investment grade is penal,” says Michael Lavelle, European head of capital markets at Citigroup. Some big Wall Street banks are predicting strong returns for US junk bonds next year, even as questions abound about
Euro crisis tops the agenda
www.efinancialnews.com
[Financial News] - Michael Lavelle, head of capital markets at Citigroup, said: “It is understandable and fair that people should exercise their voice and frustrations in challenging times. The financial sector is in a period of profound change and I believe it both
Listings: Gold standards
www.ft.com
[Financial Times] - “It becomes a self-fulfilling trend,” says Michael Lavelle, head of European capital markets at Citi. “It's where your peers are, and where you'll find the most established ecosystem. Most companies don't really have a listing venue debate
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