Capital markets week ahead: Alfa-Bank, Credit Suisse, EU

摘要

RUSSIAN IN Alfa-Bank and Sovcomflot are expected to bring US dollar bonds this week with increased focus on the response following US President Joe Biden's expulsion of Russian diplomats last week. The expectation is they will have to pay up but investors will buy at the right price as sanctions don't affect these companies. SUISSE CHEESE Bank results move to Europe after stunning Ql results from the big five US investment banks last week. And first out of the traps is Credit Suisse, which is reeling from losses from its exposure to US hedge fund Archegos Capital and to supply chain finance firm Greensill Capital. Those mishaps have raised questions about risk management and strategy, and senior heads have rolled. The issues will likely overshadow Ql results on Thursday and drag the bank to a loss - despite an otherwise buoyant start to the year for its investment bank.