In mid-April 2020, Greenwich Associates and S&P Global Market Intelligence launched a study to track the banking industry’s response to the COVID-19 crisis. A total of 36 wholesale banking...
The front-to-back electronification of the fixed-income market has created tremendous efficiency for everyone, from issuers to market makers to investors.
Markets are more transparent,...
Among the myriad ways the COVID-19 crisis will reshape the global economy, the pandemic could alter the trajectory of the European corporate banking market. The crisis represents a true test, not...
We are now over two years into the great MiFID II Trading Transformation.1 The dust has settled, and we are able to take a measured look at how traders are adapting to this new...
More than 80% of the 415 small businesses ($1-$10MM) surveyed by Greenwich Associates this week have applied for a loan under the SBA’s new Paycheck Protection Program. Based on that rate, some 24...
Overall executive optimism has dropped sharply due to COVID-19. Those with a negative outlook cite concerns about the pandemic, the upcoming election, and the stock market volatility, while many of...
In times of crisis, the most important qualities are assurances that banks value relationships and are willing to lend, followed by digital functionality.
Credit market infrastructure, despite the unprecedented wave of activity in trading, issuance and official sector intervention, held up remarkably well, all things considered. Bid-to-cover rations in...
The mere existence of historic government and central bank intervention in the markets suggests that liquidity was scarce and price discovery strained - to put it mildly. On the positive side, there...