David Knutson, senior research analyst at LGIMA, says granting the FDIC powers to determine the priority of creditors’ claims in failing financial institutions would be a costly mistake.
'An explosion of sovereign debt'
Regulators have given governments the freedom to decide at what point triggers should cause debt to be written off, giving investors a headache
The executive vice-president and portfolio manager at Pimco talks about the asset manager’s plan to broaden its high yield offering, and where he sees the current risks and opportunities in that market.
The chief economist at Independent Strategy, Bob McKee, explains why a repricing of sovereign debt and defaults of advanced economies would be “logical” outcomes in the next stage of the financial crisis.
The current low default rate in the high yield market does not tell the full story, the executive vice-president and portfolio manager at Pimco tells Credit.
Allwright and Frost to manage RWC Strategic Reserve Fund.
Observers are expressing doubts over how useful the latest round of Cebs stress tests for European banks will be.
June’s meeting of Credit Institute gave investors the opportunity to discuss the key themes affecting the high yield market, including the Eurozone sovereign crisis and refinancing risk.
The former Fed governor, now vice-chairman of Macroeconomic Advisers, talks to Credit about the US central bank’s handling of the financial crisis, and gives his views on where US monetary policy is heading.
It seems that the European authorities are powerless to restore confidence to the financial markets, and the prospect of a double-dip recession is looming closer.
Three-year tenor of bailout package doesn't give Greece the long-term stability it needs to address its fiscal problems.
Edward Altman, the high yield and credit risk expert, tells Credit that his new initiative for evaluating creditworthiness of non-financials has an error rate almost half that of the rating agencies.