Ted Ferguson on financial regulation
From Moelis Says `Business as Usual' in Most of Middle East · · Bloomberg Originals
“We're in the early innings of Basel 3 regulatory changes. There's a lot left to play out regarding how financial institutions exist within the framework of their regulators. 2009 is not that long ago, and a lot of repair had to happen before implementing what I think will be a regulatory environment.”
On , Ted Ferguson, MD of New York & Chief Information Officer at MOELIS & CO, spoke about financial regulation during Moelis Says `Business as Usual' in Most of Middle East on Bloomberg Originals.
About Ted Ferguson
Ted Ferguson, Managing Director and Chief Information Officer at Moelis, was quoted in a September 2012 Bloomberg interview discussing the firm's perspective on Middle East business conditions and broader M&A trends. Ferguson stated that most of the Middle East region was "doing business as usual" and that the political situation in Egypt was being treated as an "Egypt specific event" by regional economies. He advised that corporations considering strategic acquisitions in Egypt should "wait for more information" due to uncertainty about the outcome of regime changes. Ferguson also commented on the M&A outlook, predicting a "good year" for dealmaking but not a "blockbuster" compared to 2006-2007, noting that while buyers are strong, sellers lack incentive to sell at current prices due to strong recovery in margins and growth. He identified commodities and energy as the sector most likely to consolidate, describing it as a "major trend" rolling through the globe. Ferguson emphasized that Moelis was building a "global information-capable network" to serve clients worldwide, with offices in Hong Kong, Sydney, Dubai, and London.