Central banks
Japanese banks suffering from subprime crisis
Two of Japan's largest banks have taken significant losses from investments in US mortgage-backed securities.
Trichet: the worst is over in subprime crisis
Jean-Claude Trichet, president of the European Central Bank (ECB), told markets today that the worst of the volatility caused by the US subprime mortgage crisis is now over.
Sovereigns step in as ABS funds reel
The fund management arm of French bank BNP Paribas has suspended redemptions on three of its funds - Parvest Dynamic ABS, BNP Paribas ABS Euribor and BNP Paribas ABS Eonia.
Keydata re-enters market with two new products
UK-based distributor Keydata Investment Services has launched both the Dynamic Growth Plan (DGP) and the Extra Income Plan (EIP).
Foreign exchange - Carry on regardless
Carry trade
Collateral concerns
CFXOs
Rethinking US liberalisation
Citing rising electricity prices, critics of liberalisation have recently managed to convince lawmakers in several US states to rethink policies that ban utilities from owning power plants. Elisa Wood investigates the current state of play
Weighing up the options
Mounting domestic environmental issues and worldwide energy security uncertainty are pushing the Chinese government to consider the full gamut of energy options – including renewables. Yue Zhang and Chong Siang Chew of the Institute of Energy Economics,…
Reports fuel supply fears
Upwardly revised oil price forecasts and recent reports from the International Energy Agency and the US National Petroleum Council point to growing unease about global energy supplies, writes David Watkins
Putting backlogs up front
Equity Derivatives
Re-evaluating valuation
Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…
Banca Italease expects losses of €500m on derivatives
Banca Italease is expected to report losses of around €500 million on its derivatives portfolio later today.
HK central bank head discusses spotting risks
Joseph Yam, chief executive of the Hong Kong Monetary Authority, has said the market should give risk prevention more thought.
Bank of Albania head plans to strengthen supervision
Ardian Fullani, governor of the Bank of Albania, said that regulation would remain a priority.
FX risk concerns highlighted by the BIS and FiREapps
Daily news headlines
BIS urges institutions to lower FX risk
The Bank for International Settlements (BIS) has recommended financial institutions reduce and control large and long-lasting foreign currency exposures, in a report published yesterday.
Drowning in liquidity
Our fascination with liquidity tells us a lot about the psychology of the financial markets
Government bond yields
Talkingpoint