Central banks
Global bank supervisors endorse sound practice standards for liquidity risk
Daily news headlines
HKMA and SFC meet with Minibond investors / MAS in contact with FIs
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) met yesterday with Lehman Minibond investors and representatives of the distributors who sold the first-to-default notes. The meeting followed street protests by HK…
Remaining investment firms become Fed-regulated banks
Daily news headlines
CDS spreads continue to tighten
Credit default swap (CDS) spreads on financial institutions had tightened further by close of play on September 19, as market confidence continued to rise after large injections of cash from central banks
Pressure eases on interbank lending
Strain on the interbank lending markets is easing as large infusions of liquidity start to take effect and market confidence improves.
Central banks reveal co-ordinated response to liquidity crisis
The world's major central banks today unveiled plans for a $180 billion injection of liquidity to restore stability to global financial markets.
Delays and confusion threaten Sepa
Daily news headlines
US authorities step in to rescue GSEs
The US Treasury and Federal Housing Finance Agency (FHFA) announced on Sunday details of a rescue plan to place the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac into government conservatorship.
EC U-turn on Sepa direct debits
Daily news headlines
Better Sepa than sorry
Editor's blog
Doubts over UK and ECB bank support
As the European Central Bank (ECB) acts to reduce its liquidity support for eurozone banks, UK banks may face dire consequences from heavy use of the Bank of England's support scheme.
Process failings cost Europe €21 billion
Daily news headlines
Powerful ambition
Backed by the financial might of Russia's Renova Group, Avelar Energy is investing in conventional and renewable energy assets across western Europe. Avelar's CEO, Igor Akhmerov, tells Roderick Bruce about his company's strategy
The return of the real money manager
With hedge funds feeling the pinch from the liquidity squeeze, real money managers have emerged as a reliable source of liquidity, earning themselves mandates from investors with cash to put to work. Credit gains an exclusive insight into how one of the…
Asian retail focus
The process of tempting Asian retail investors back to credit has been an uphill struggle for distributors, who have tried to stimulate interest with a series of structured first-to-default notes that give sovereign exposure. But heavy mark-to-market…
The Big Interview: Goran Lind
Sweden's success in handling a severe credit crisis it experienced in the 1990s has been cited as a model for economic policy-makers faced with the current credit crunch. Goran Lind, advisor to the executive board of the Swedish central bank, the…
Structured credit's re-formation
The structured credit market has been blamed for much of the turmoil in credit and, by association, the wider global economy. But many market participants remain convinced that structured credit has a major role to play in the financial landscape of the…
Talking Point
We ask leading market participants whether recent moves to establish a European-style covered bond market in the US can sustain early momentum and result in a successful, fully functioning market
UK regulators work on mortgage bank rescue plan
The three authorities comprising the UK's tripartite system of financial regulation have each released consultation papers aimed at tackling any future Northern Rocks
Legal spotlight
Moves to overhaul the legislation governing Russia's financial system are finally being undertaken. Martin Bartlam looks at what this means for the burgeoning derivatives market