European Commission Green Paper On The Feasibility Of Introducing Stability Bonds
Press Release
The Green Paper published by the European Commission today structures the political debate in the EU on the rationale, pre-conditions and possible options of financing public debt through Stability Bonds. Such common issuance of bonds by the euro-area Member States would imply a significant deepening of Economic and Monetary Union. It would create new means through which governments finance their debt, by offering safe and liquid investment opportunities for savers and financial institutions and by setting up a euro-area wide integrated bond market that matches its US Dollar counterpart in terms of size and liquidity.
http://jlne.ws/u0IcCM
It really is time to wave goodbye to ‘free’ banking
By Alison Smith - Financial Times
Personal banking, like lunch, is not free. That there is a price tag attached to what may seem a most generous invitation has become a truism. Yet the myth that banks are offering retail customers something for nothing persists to a degree that would be puzzling even if bankers were seen as national treasures.
http://jlne.ws/smkAue
Eurobonds: MEPs Voice Reservations About Commission Proposals
Press Release
MEPs gave a cautious welcome to the three options presented by the Commission for introducing Eurobonds when they met Commissioner Rehn on Wednesday in the Economic and Monetary Affairs Committee. The committee will draw up a resolution on the options tabled. This debate followed another on Tuesday with Commissioners Almunia and Barnier, which focused on draft EU rules on credit rating agencies and plans to recapitalise banks.
http://jlne.ws/twScpo
ICMA Welcomes Invitation To Comment On European Commission Paper On Stability Bonds
Press Release
The International Capital Market Association (ICMA), the leading trade association for the international fixed income markets, has welcomed the invitation to comment on the proposals today in the European Commission’s Green Paper regarding the “Feasibility of introducing Stability Bonds”.
http://jlne.ws/w34YCQ
Hungary May Have to Give in to IMF Conditions for Loan
BusinessWeek
Hungary's government may have to reverse its position on ruling out International Monetary Fund conditions in exchange for financial aid, according to Barclays Plc, Goldman Sachs Group Inc. and Capital Economics Ltd.
http://jlne.ws/t3sa3u
UBS's Ermotti Says No Euro-Region Sovereign Bond Is Risk Free
BusinessWeek
UBS AG Chief Executive Officer Sergio Ermotti said he wouldn't consider bonds of any euro- region country as free from risk as the sovereign-debt crisis intensifies.
http://jlne.ws/sqr4Dx
MF Global Brokerage’s Wind-Down Fees May Hit $100 Million a Year
By Linda Sandler - Bloomberg
Nov. 24 (Bloomberg) -- Fees for liquidating the MF Global Inc. broker-dealer may reach $100 million in a year, based on lawyers’ estimates and costs to wind down two other brokerages, Lehman Brothers Inc. and Bernard Madoff’s firm.
http://jlne.ws/tSjfem
MF's Missing Money Makes You Wonder About Goldman: Jonathan Weil
BusinessWeek
Six months ago the accounting firm PricewaterhouseCoopers LLP said MF Global Holdings Ltd. and its units "maintained, in all material respects, effective internal control over financial reporting as of March 31, 2011." A lot of people who relied on that opinion lost a ton of money.
http://jlne.ws/rQUR2G
Two Banks Repay $210 Million In Tarp Funds, Provide Additional Positive Return On TARP Bank Programs For Taxpayers
Press Release
The U.S. Department of the Treasury announced that the following two financial institutions have repurchased Troubled Asset Relief Program (TARP) Capital Purchase Program (CPP) investments, delivering a total of $210 million in proceeds today for taxpayers.
http://jlne.ws/tqKesr
Banks criticised for treatment of Greek bonds
By Adam Jones, Accountancy Correspondent - Financial Times
The European Union markets regulator has criticised the way that some banks and insurers booked relatively small losses on their Greek government debt holdings earlier this year. The European Securities and Markets Authority on Friday argued that some financial institutions had taken an inappropriate approach to valuing these securities in their results for the first half of 2011.
http://jlne.ws/uiFiv5
Sweden Proposes Higher Capital Ratios for Banks
By CHARLES DUXBURY And JENS HANSEGARD - WSJ
STOCKHOLM—Sweden's government said Friday it is proposing higher capital requirements for its banks, in an effort to increase the stability of the country's financial sector and reduce the economy's vulnerability to Europe's sovereign-debt crisis.
http://jlne.ws/tJI8Bl
Tidak ada komentar:
Posting Komentar