Top Interest Rate Headlines 11-26-10: Ireland Races to Secure Weekend Aid Deal Amid Bank Concern

Ireland Races to Secure Weekend Aid Deal Amid Bank Concern
By Simon Kennedy and Dara Doyle, Bloomberg
Irish officials raced to complete a deal for an international aid package before financial markets reopen next week with talks centering on the status of bondholders in Ireland’s largest banks.
http://jlne.ws/h50mwq

Spanish Bonds Head for Weekly Drop as Europe Sovereign Debt Crisis Deepens
By Paul Dobson, Bloomberg
Spanish government bonds posted a weekly drop amid speculation that Europe’s debt crisis will hurt more economies, sapping demand for securities from high-deficit nations.
http://jlne.ws/fy8lWo

Portugal denies facing bail-out pressure
By Peter Wise in Lisbon - Financial Times
Portugal has denied as "totally false" reports that it is under pressure from the European Central Bank and other eurozone governments to request an international financial bail-out.
http://jlne.ws/hNfecP

Bonds round-up: Irish yields rise again
Sharecast Finance News via Yahoo! UK & Ireland Finance
Clearing house LCH Clearnet's has demanded larger deposits to trade in Irish bonds and this has knocked prices and pushed the yield on ten-year bonds back above 9%.
http://jlne.ws/fE0snl

Banks Push U.S. Treasury to Exempt Foreign Exchange Swaps from Dodd-Frank
Bloomberg
The biggest Wall Street banks are pushing the U.S. Treasury Department to exclude foreign exchange derivatives from new regulations, a move that would leave a $42 trillion market largely outside of federal oversight.
http://jlne.ws/evIJxt

Citi looks to Europe retail revival
By Patrick Jenkins, Banking Editor - Financial Times
Citigroup is planning to resuscitate its retail presence in Europe as the bank, one of the biggest victims of the global financial crisis, seeks to move beyond a period of enforced shrinkage and back into a mode of targeted growth.
http://jlne.ws/faTPSs

HSBC focuses on Asia with Thurston appointment
By Patrick Jenkins, Banking Editor - Financial Times
Stuart Gulliver, the incoming chief executive of HSBC, has announced a first phase of top management changes, signalling a sharpened focus for the bank on wealth management, particularly in Asia, and a keenness to shake up the group's traditional structures.
http://jlne.ws/hfZdz8

DME Oman linked swap and option contracts to be launched by CME group
Zawya
Dubai - November 25, 2010: The Dubai Mercantile Exchange Dubai Mercantile Exchange ( DME DME ) today confirmed the upcoming launch of a suite of DME DME Oman-linked swap and option contracts in early December.
http://jlne.ws/fR2YD7