European Central Bank (ECB)
Peripheral CDSs fall on ECB liquidity promise
The cost of insuring against a default of peripheral European states continued to fall today, after peaking at record highs on Tuesday.
Markets relax on peripheral debt ahead of crucial ECB meeting
Peripheral CDS tighten as Trichet raises hopes of more bond purchases
CCP turf war simmers as OTC regulations head to the European Parliament
CCP turf war simmers as OTC regs head to European Parliament
ECB could offer governance concession on T2S
European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join
Irish woes may spread to other PIIGS
European Union action on Ireland’s bank debts points to fears over contagion spreading across peripheral Europe.
Central banker Honohan expects IMF loan for Ireland
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."
Make the right decision: Spain’s Ordóñez to Dublin
Governor of the Bank of Spain suggests Irish officials ask for help as fears grow that Dublin’s resistance to a bailout will trigger contagion
A liquid market – banks tap insurers' liquidity reserves
A liquid market
Dealers anticipate further Eonia volatility
Fasten your seat belts
ECB calls for more data to prevent crises
European Central Bank draws attention to information gaps, says broader and more flexible data will aid macroprudential supervision
ICFA talks Target2- Securities with the ECB
Jean-Michel Godeffroy, chairman of the T2S programme board at the European Central Bank, talks through the future of the settlement platform with Melanie White of ICFA Magazine
ECB's Constâncio: grant CCPs access to central bank liquidity
European Central Bank's Vítor Constâncio says central counterparties should get access to central bank liquidity so long as they're regulated
Drop in ECB liquidity take-up sends Eonia higher
Bankers predict higher overnight rates as the ECB ends long-term liquidity operations.
EU bolstering Club Med to fend off second banking crisis
EU help for Club Med nations is designed to give European banks enough time to minimise exposure to the region prior to debt restructurings, said analysts at a Fitch Ratings conference.
ECB approves business continuity standards at payment infrastructures
Systemically important payment systems get a "pass" mark but are asked to focus on crisis communication
EU bailout vehicle nets top credit rating
European Financial Stability Facility secures triple A rating
ECB’s González-Páramo highlights flaws in collateral framework
European Central Bank executive board member José Manuel González-Páramo acknowledges risks in central bank’s willingness to accept broad range of collateral
Axa IM to lend funds secured by ABS
The essential ABS
Basel Committee defends adjustments to Basel III as calibration decisions loom
Regulators describe difficulties ahead as they prepare for Basel III calibration and transition decisions in September
Bank funding blow from ECB repo withdrawal
As the European Central Bank winds down its repo facility, there are fears that traditional avenues of securitisation issuance are still not viable.
Spanish banks tap ECB for record €130bn in funding
Increased borrowing reflects fears on country's banking sector.
Spanish bank borrowing from ECB continues to balloon
Spanish banks continue to depend on European Central Bank after stress tests exposed capital shortfalls
Solvency II poses bigger danger to economic stability than bank refinancing
Refinancing risk dwarfed by Solvency II’s impact on insurer appetite for corporate debt
Surviving the liquidity squeeze
Excess liquidity in the euro funding markets halved at the beginning of July, causing Eonia to leap higher. The extent of the move surprised traders and caused problems for some participants. Christopher Whittall reports