Financial stability

Fears over LatAm consumer credit boom

A lending spree by Latin American banks has led to a massive rise in consumer debt. Banks are content to securitise these loans, but what happens when consumers start defaulting?

The pipeline cleaner

Chris Whitman, group treasurer of Deutsche Bank, talks to Alexander Campbell about maintaining bank liquidity

FSF warns of hedge fund risks

The growth of the hedge fund industry is hindering risk management and valuation processes and is putting margins under pressure, says a report by the Financial Stability Forum (FSF), issued on Friday (May 18).

Q&A: Sean Flannery

The chief investment officer for the Americas at State Street Global Advisors in New York discusses the opportunities offered by decomposition of risk as a result of the growth of the credit derivatives market

GMO's emerging market high-flyers

Bill Nemerever and Tom Cooper, co-managers of GMO's emerging markets debt portfolio, have made their names sourcing cheap debt in unusual locations. Shunning roadshows and local currencies, they barely even travel to the countries they invest in. Dalia…

Promulgating pro-cyclicality

Collaboration between financial supervisors has never been higher. But as the regulation of banks and insurance companies becomes increasingly homogenised, fears are growing about the possibility that the new rules will increase the severity of a global…

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