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Central banks

Really too big to fail?

Are bulge-bracket investment banks really too big to be allowed to fail? Despite the upheavals such a failure would cause, the consequences may have been overblown, argues David Rowe

BoE reveals £50bn liquidity facility

Banks have welcomed a scheme by the Bank of England (BoE) aimed at improving the balance sheets of UK financial institutions. The £50 billion facility, announced on April 21, will allow financial institutions to swap illiquid mortgage-backed securities…

Dividend option market tipped for growth

Dividend swaps have been under pressure since the onset of the credit crisis, as fears of dividend cuts have caused the historically steep curve to flatten considerably. But, despite gloomy economic forecasts, the investor base appears to be expanding,…

Can the Icelandic meltdown be avoided?

Fears over the strength of the Icelandic banking system have caused the wholesale system to shut on Icelandic banks, prompting the country’s central bank to hike interest rates to record levels. At first sight, the initiative appears to have worked, with…

Banks vow to improve transparency

The Institute of International Finance (IIF), a banking industry trade group, has promised to improve transparency about risk exposure and executive pay in the wake of the credit crisis.

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