Discussions are already under way behind closed doors, knock-on effects for bank capital could be substantial
CDS spreads on peripheral eurozone debt widen despite €90 billion in aid
Trinity College's Lucey adds, "Thank God we have an honest central bank governor. He's the first official to call it as he sees it."
Deals in Focus: Sri Lanka
The rise of protectionism
When the luck of the Irish ran out...
A German exemplar
New lows in gilt yields following last week's spending review have been seen by some analysts as a vote of confidence in the UK government's austerity plans. Other observers, however, say they reflect something else entirely.
The sovereign earthquake
An indicator of sovereign risk
Credit special report
Investors remain under-allocated to emerging market debt, despite emerging countries growing more rapidly – and, in many cases, boasting healthier balance sheets – than developed economies, panellists say.
Basel Committee’s proposal to increase bank liquidity through sovereign bonds could hinder efforts to meet capital ratio targets, conference hears
Most large banks had less exposure to market risk during the second quarter, despite volatile conditions in many asset classes.
The EC’s new short-selling rules should reduce unco-ordinated action by national regulators, say dealers
Balls says support packages "might just provide the opportunity for conservative investors to get out"
'An explosion of sovereign debt'
Sovereign CDSs as a risk indicator
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.
Iraq is beginning to open its doors again to international investors. With the country needing to raise capital to develop the infrastructure required to exploit its energy reserves, Credit looks at the role bond issuance could play in Iraq’s future.