Yield Potential

Major Changes in Trade Finance – ValleyRoad Introduces MTFs

By Pierre Kladny

Traditional trade finance relies on short term revolving and self-liquidating credit lines provided by banks. The 2008 crisis and its consequences of increasingly restrictive regulations have put pressure on banks to deleverage. This in turn has significantly impacted trade credits and traders. Trade finance plays a...

Yield hunters, pension funds and doggedly low interest rates

By Pierre Kladny

We are living a remarkable period of time, during which interest rates are very low and meant to stay that way for another year or two in the EU and Switzerland. Systemic risk is high and Western democracies are over-indebted (with a few exceptions). Several...

Increased Banking regulation to benefit private debt solutions over traditional bank credit financing

By Pierre Kladny

The financing of the real economy in Europe has traditionally taken place through banks, which provide around 80% of the corporate financing. The situation is very different in the U.S. where only 20% of the financing to corporation originates from the banking sector, the rest...