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  • All HBS Web  (1,626)
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  • 14 Nov 2019
  • Book

Lifting the Lid on Turkey's Hidden Business History

Working Knowledge. [Image: ugurhan] Related Reading Does Business Get Done the Same Way in Emerging and Developed Countries? This Turkish Debt Collector Is Customer-friendly The Unconventional Capitalism That Shapes Business History What... View Details
Keywords: by Sean Silverthorne
  • 24 Oct 2017
  • First Look

First Look at New Research and Ideas, October 24, 2017

estate. Students are presented the opportunity to perform valuation analysis and compare two possible forms of financing for the potential acquisition: 1) traditional corporate debt and bond financing and 2) commercial mortgage-backed... View Details
Keywords: Sean Silverthorne
  • 26 Jul 2016
  • First Look

July 26, 2016

Moody’s downgrading the bank’s debt due to rising nonperforming assets. She embarks on a mission to improve the bank’s risk taking and management abilities, ensure uniform customer experience, and encourage greater collaboration among... View Details
Keywords: Sean Silverthorne
  • 27 Jun 2017
  • First Look

First Look at New Research and Ideas, June 27

equity inflows have a more negative announcement effect on equity returns than those on debt inflows. Real investment falls in the three years following the controls. Overall, the findings have implications for macro-finance models that... View Details
Keywords: Sean Silverthorne
  • 05 Oct 2009
  • Research & Ideas

The Vanguard Corporation

outperformed the market. The one exception was a company that got caught with a lot of debt because of acquisitions, as well as being in an industry, construction, that was the first to be hit. Now, there are critics of each of these... View Details
Keywords: by Sean Silverthorne
  • 01 Apr 2008
  • First Look

First Look: April 1, 2008

especially as the government did not want a rate hike that could potentially hinder economic growth and increase its already large fiscal debt burden. Purchase this case:... View Details
Keywords: Martha Lagace
  • 05 Jul 2006
  • Research & Ideas

Reinventing the Dowdy Savings Bond

moderate-income families. Low-risk and low-profile, savings bonds have been around for decades, offering the dual benefit of funding the national debt while acting as a savings vehicle for millions of Americans. In "Reinventing... View Details
Keywords: by Julia Hanna; Banking; Financial Services
  • 12 Aug 2014
  • First Look

First Look: August 12

provider" offering financing solutions including debt and equity, investment banking, brokerage, and asset management services to clients in the infrastructure sector. With nearly 50% of its employees joining through acquisitions,... View Details
Keywords: Sean Silverthorne
  • 02 Oct 2007
  • First Look

First Look: October 2, 2007

the retrenchment, leaving the business facing a significant debt payment coming due. TPG must decide whether to sell the business and get out "whole," or whether it can develop and execute a more successful strategy going... View Details
Keywords: Martha Lagace
  • 10 Apr 2007
  • First Look

First Look: April 10, 2007

create a partnership to acquire the assets of Parmalat in Uruguay. Focuses on their analysis prior to submitting a bid and their plan for improving the operations once their bid is accepted. In addition to improving operations, they must negotiate with creditors to... View Details
Keywords: Martha Lagace
  • July 2006
  • Case

Citigroup: Euro Zone Bond Trading (A)

By: Lynn S. Paine, Christopher Bruner and Aldo Sesia
Describes the development and execution of a bond trading strategy by a London-based team of Citigroup eurozone bond traders. The trades, which involved two of Europe's leading electronic trading platforms, gave rise to a European-wide controversy over the traders'... View Details
Keywords: Debt Securities; Financial Markets; Bonds; Ethics; Values and Beliefs; Decision Making; Lawfulness; Business Strategy; Banking Industry; Financial Services Industry; Europe
Citation
Educators
Related
Paine, Lynn S., Christopher Bruner, and Aldo Sesia. "Citigroup: Euro Zone Bond Trading (A)." Harvard Business School Case 307-004, July 2006.
  • 14 Apr 2015
  • First Look

First Look: April 14

related to the company's expansion into products and services for China's growing high net worth (HNW) population, including questions about the suitability of its products and its vulnerability to bad debt losses and a potential leveling... View Details
Keywords: Sean Silverthorne
  • 10 Jul 2000
  • Research & Ideas

Privatization and the New European Economy

including deficits of 8 to 10 billion Deutsche marks and debts of over 20 billion marks. "Results were not important; markets were not a concern," he said. "Money came in courtesy of the Finance Minister, and the various... View Details
Keywords: by James E. Aisner; Air Transportation; Transportation
  • October 1993 (Revised January 1994)
  • Supplement

Japan (A), Supplement

By: Bruce R. Scott
In an economy marked by severe inflation, a balance of payments problem, and large investment needs for modernization, the Minister of Finance has been asked to design a remedial program that cannot include borrowing abroad. He does so, and the case describes the... View Details
Keywords: Design; Developing Countries and Economies; Inflation and Deflation; Borrowing and Debt; Policy; Outcome or Result; Problems and Challenges; Programs
Citation
Purchase
Related
Scott, Bruce R. "Japan (A), Supplement." Harvard Business School Supplement 394-066, October 1993. (Revised January 1994.)
  • 20 Jan 2015
  • First Look

First Look: January 20

when the costs of financing a reorganization are greater than financing costs to a potential acquirer. Consistent with a senior creditor liquidation bias, the greater use of secured debt leads to more sales in bankruptcy-but, this result... View Details
Keywords: Sean Silverthorne
  • 27 Jan 2009
  • First Look

First Look: January 27, 2009

to supply beef markets around the world, but it faced a perfect storm of rising feed and fuel prices, a global credit crisis, and industry analysts skeptical about the company's debt load. Purchase the case:... View Details
Keywords: Martha Lagace
  • 29 Jan 2008
  • First Look

First Look: January 29, 2008

standard-deviation increase in both bank-relationship strength and cross-selling potential is associated with a 16 basis point (5%) decrease in spread and a 0.4 point (7%) increase in the Maximum debt to EBITDA covenant. This translates... View Details
Keywords: Martha Lagace
  • 21 Jul 2010
  • Research & Ideas

HBS Faculty Debate Financial Reform Legislation

At the same time, shareholders and some debt holders will suffer losses, since their securities will no longer have value. Second, Congress dramatically reduced the risk of trading financial derivatives by requiring most of them to go... View Details
Keywords: by Staff
  • 08 Aug 2017
  • First Look

First Look at Research and Ideas, August 8, 2017

Barry Abstract—Many markets, including the markets for IPOs and debt issuances, are syndicated, in that a bidder who wins a contract will often invite competitors to join a syndicate that will fulfill the contract. We model syndicated... View Details
Keywords: Sean Silverthorne
  • 19 Jan 2016
  • First Look

January 19, 2016

documents a role for debt financing related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects and how this impacts optimal financing design. We further highlight the... View Details
Keywords: Sean Silverthorne
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