YES Bank: Par Is Plenty- Move to Underweight
Despite incredibly poor asset quality, goals that are years from being realized and liquidity which remains well overstated, YES Bank’s US$-bond...
209 Views
Bank Credit Compass: Asia’s November Performance and December Expectations
India-headquartered bank bonds led spread tightening over November. Ordinarily thin markets could meet concerns that economic recovery is fully...
177 Views
The Week that Was in ASEAN@Smartkarma - The Wheels of Business, Thai Bev, and Hospitals
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
166 Views
DBS – India Merger Approved
We believe that this is transformational for DBS where growth prospects in India are infinitely higher than in Singapore, but funding benefits can...
340 Views
Bank Credit Weekly: Virus Vs. Vaccine: Time to Sell the Caa-Bull?
Is it time to sell the Caa-bull market? Some AT1 bonds seem to be at a market top. We are set-up for disappointment. Nonetheless, we anticipate...
219 Views