Central banks
Igniting the Italian market
Conference report
Picking up the pieces
Restructuring
A Safe distance
Cover story
Lessons in lending
China credit
Supporting securitisation
Book excerpts
The price of political risk
Korea credit
Steepeners flatline
CMS Spread Options
Upgrading the rating process
As the debate rages over the usefulness of credit ratings, Moody's unveils a set of credit risk indicators derived from market movements. Will 'market implied ratings' silence the agencies' critics?
Downsizing and consolidation continues to be the trend in the EU banking sector
The ECB’s annual report on banking structures shows that consolidation remains the most important structural development in the EU banking sector.
Economic instability does not preclude banks from using IRB, finds FSI award winner
Valles’ paper on using a TTC rating system for credit risk allows developing countries to use IRB, even after a crisis.
Main challenge to sustainable growth is regulatory convergence, says vice-president of the ECB
Faster and sustainable growth may be hindered if the ultimate goal of regulatory convergence is not met, according Lucas Papademos.
The MiFID Threat
Thanks to compliance, many of the European Union’s smaller exchanges now face fresh competition.
Bush signs regulatory relief bill into law
The first regulatory relief bill for US banks in over a decade has been passed, although industry will push for more reforms next year.
Merrill Lynch launches its first retail structured note in Singapore
Merrill Lynch has launched its first equity-linked structured note for the retail market in Singapore. The Citrine Giant Booster Notes, provide investors with a fixed coupon linked to the performance of a basket of eight global blue chips.
Bank of China becomes CLS Group shareholder
Bank of China (BoC) has become the first Chinese bank with a shareholding in settlement provider CLS Group.
BIS: debt now bigger problem than inflation
4 October - The main structural threat to global economic growth is no longer runaway inflation, but a slower rebalancing of excess debt, according to a working paper released by the Bank for International Settlements (BIS).
BIS: debt now bigger problem than inflation
The main structural threat to global economic growth is no longer runaway inflation, but a slower rebalancing of excess debt, according to a working paper released by the Bank for International Settlements (BIS).