Central banks

Lagging risk management

The rate of growth in the complexity of new derivatives products is causing a worrisome lag in risk management's ability to keep pace. As credit derivatives markets endure a period of stress, this lag could have serious consequences, argues David Rowe

Rating agencies assess money markets

In two conference calls last week, Fitch Ratings and Moody’s sought to capture the effect of the commercial paper (CP) market's lack of liquidity on the wider banking outlook.

Banks lean on support loans

Several large investment banks have taken advantage of easier lending terms from central banks, aimed at increasing liquidity in the wake of the subprime crisis.

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