Articles by Alex Monro
Profile: Daniel Gros on political risk and Europe's debt crisis
Time for a European Monetary Fund
Eurozone debt crisis: facing up to the risks of political uncertainty
The risks of political uncertainty
Profile: Standard Bank CRO on rogue trading, liquidity and lending
“We do not have a liquidity issue”
Bank of England's FPC seeks to unlock Basel III tool-kit
Systemic risk committee at the Bank of England calls for power to use tools - such as liquidity and leverage ratios, and margin standards - to influence systemic risk
Market volatility may have brought UBS losses to light
The revelation of rogue trading at UBS follows a period of market volatility. That is nothing new, say risk managers
ICB bail-in proposal revives CDS fears
CDS contracts would not trigger in the event a bail-in bond is written down, say lawyers – threatening their use as a hedge
Risk interdealer rankings 2011: Brokers
Talk, don't talk
Deutsche-Ille ruling changes sales practices for German dealers
Accentuate the negative
Big bank CDS moves blamed on Italy, rather than stress tests
Eight banks fail EBA stress tests – but big CDS spread moves for European banks are seen as Italy-related
EBA will open bank books, Enria pledges
New regulatory authority needs to provide transparency, rein in Sifis, to be a success, says EBA chair Enria
Credit investors nervous over withdrawal of QE2
Credit investors nervous over withdrawal of US quantitative easing programmes
Iceland returns to market with $1bn 5yr deal
Iceland returns to market with $1bn 5yr deal
Eurozone bailouts exacerbating the problem – John Redwood interview
In conversation with...John Redwood
Italy fiscal struggles raise new fears over creditworthiness
Mask of respectability
Credit risk models alone do not capture sovereign risk – Nicholas Spiro profile
The sovereign specialist
Dan Fuss interview – Part 2
Loomis Sayles vice-chairman discusses the US credit markets
US corporate credits offer opportunities – Dan Fuss interview
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
Restructurings may offer a solution to eurozone debt woes, says John Redwood
MP and chairman of the investment committee at Evercore Pan-Asset says bondholders must reconcile themselves to taking losses in any restructuring plan for Greece and other troubled peripherals
State Street warns of continued political dangers for Europe investors
From big picture to particular focus: Kevin Anderson profile
New regulatory blitz threatens future of credit rating agencies
The SEC and EU have announced tough measures designed to limit the influence of credit ratings on the investment process. Credit magazine talks to the agencies about their efforts to restore their reputations, and asks investors about what role rating…
Rating the future: the investors’ perspective
Regulators have had their say; the agencies themselves have implemented changes to methodologies and processes; but how would investors fix the credit ratings business?
Credit ratings: the legal perspective
Securitisation lawyer Jonathan Walsh explains what regulatory and legal changes will mean for the rating agencies
FRN issuance on the rise, as investors go on defensive
An increase in floating rate issuance may be the start of a prolonged trend, as investors look for protection against possible interest rate hikes
Eurozone sovereign bailouts likely to stop at Portugal, say investors
The Eurozone crisis has already forced three members of the currency union to take EU/IMF bailouts but Spain, the next potential target of investors, is unlikely to follow