Markit Recap – 2/15/2016

The shrinking of balance sheets has become a common theme in recent years, particularly in the financial sector. Investors are punishing banks that either unwilling or unable to implement a more conservative financial strategy.

It is increasingly clear that the same phenomenon is now observed in the commodities sector. Mining firms need to scale back their ambitions if they are to survive the new era of low prices. The questions credit investors are asking, however, is can firms deliver