MUFG's Randy Chafetz says negative rates 'challenging'

The transcript discusses the Bristol Myers deal and M&A financing trends, highlighting the role of Morgan Stanley. It addresses investor concerns about leverage and types of financing, particularly in the bond and bank markets. The dynamics of leverage finance and investor behavior are explored, with a focus on profitability and risk. The impact of negative interest rates on Japanese banks and their clients is examined, along with Japanese outbound M&A trends, especially in the insurance sector. Finally, global client concerns and opportunities in deal-making are discussed, emphasizing the geopolitical and economic factors influencing business expansion.

What factors are driving Japanese companies to pursue overseas acquisitions?

What is the outlook for Japanese insurance companies in terms of overseas investments?

How do geopolitical concerns affect the deal-making strategies of global clients?