Foreign exchange
SEC extends short selling ban
The US Securities and Exchange Commission (SEC) has extended its ban on the short selling of financial stocks to October 17, in order to give the US Congress time to vote through measures aimed at stabilising the financial markets.
UBS exits commodities
Investment bank UBS has announced today that it will end its trading operations in the commodity markets, except precious metals.
Bank of England extends eligible collateral for repo facility
The Bank of England (BoE) on Friday extended the range of collateral eligible for its weekly sterling three-month repo facility to include AAA-rated asset backed securities (ABSs) of corporate and consumer loans and highly rated asset-backed commercial…
Greece follows Ireland's lead in savings guarantees
Greek finance minister Giorgos Alogoskoufis said yesterday the Greek government would guarantee its citizens' savings, following the decision of the Irish government to do the same earlier this week.
Bloxham offers financials with Irish government guarantee
Bloxham Asset Management, an independent investment services firm, has launched a new deposit product for Irish investors which exposes them to potential financial stock recovery. The product launch comes as the Irish government announced on Tuesday that…
CDS spreads widen despite bailout approval
Credit default swaps (CDSs) on a number of major dealers widened yesterday in spite of the US Senate vote on a revised $700 billion financial rescue plan.
Hope for markets as Senate rescues bailout
Financial stocks rose this morning in Europe after the US Senate passed an amended version of the planned $700 billion financial bailout bill.
Strain persists on interbank lending
Instability in the interbank lending markets continued today, despite the approval of the revised $700 billion bailout legislation by the US Senate.
FSA amends sourcebook to include Mifid exemptions
Daily news headlines
EU considers tougher capital rules for banks
Daily news headlines
Focus on regional strategies brings value for investment managers
Following a strategy focused on a specific region gives managers a chance to concentrate on a specific universe of investment opportunities that can bring good returns for portfolios. Stephen Quigley and Jamie Wynn-Williams talk to managers running funds…
Academy Insight
Corporate statement
Barclays CORETM – opportunities in trading equity correlation
Corporate statement
The FX effect
US bond funds that invest in international assets have seen their returns hit by the recent rally in the US dollar. Dalia Fahmy looks at how fund managers are trying to insulate themselves from exchange rate movements and gauges market opinion on which…
Column: Nigel Sillis
Labour costs are rising even though labour is no more scarce. How is this happening?
Editor's letter
Comment
Profile: David Strachan
The FSA's head of financial stability would seem to have his work cut out for him. He talks to Alexander Campbell about new rules that should safeguard against future bank failures
Don't bet on the bank
The failure of a major investment bank. The bailout of the US mortgage agencies. The rumoured demise of further financial institutions. Now does not seem like the ideal time to be investing in the financials sector. Or does it? Laurence Neville reports
Market Graphic: What drives Russian bond spreads?
Market graphic
Chaos theory - Why a little instability might be no bad thing for the future of the credit market
The recent history of the financial markets has been a story of cheap and widely available credit and advances in risk management techniques that have enabled investors to accurately price - in theory, at least - a book of risks. David Boorer of Northern…
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask... Michael Thompson of Standard & Poor's looks at factors influencing the credit crisis