Central banks

Trichet predicts tighter regulations on banks

The president of the European Central Bank, Jean-Claude Trichet, has blamed the summer's crisis on opaque financing models and mistakes by rating agencies, and has called for an overhaul of financial regulation.

Counting the costs

The cost of much needed oil exploration and production projects has spiralled recently. Roderick Bruce looks at what is driving the cost rises and what their effect may be

Starting from zero

The EBRD's Alex Tanase has worked with mortgage lenders across central and eastern Europe to develop nascent mortgage markets - often starting from nothing. By Dippy Singh

Q&A: Rick McVey

In the wake of news that Thomson is to sell off part of TradeWeb, we ask the chief exec of e-trading platform MarketAxess how he sees the electronic bond trading landscape evolving

The subprime shake-down

The subprime mortgage market - the root of all the summer's troubles - may well be in turmoil but nobody is suggesting it is about to disappear as a source of financing for securitisations. The question is, what part will it play when the dust finally…

Legal Spotlight

In the first of a two-part article, Laurence Pettit, a partner at Baker & McKenzie, argues that credit rating agencies are not the malign influence that some would portray them as; rather they are a product of a regulatory regime that gave them the space…

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