International Monetary Fund (IMF)
Amundi recruits senior fixed income investors to London office
Amundi names senior fixed income investors
Gap between emerging and developed economies growing, says Credit Institute panel
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.
West must not repeat Japan’s fiscal mistakes, says Nomura economist
Nomura chief economist Richard Koo warns the US and European economies face double-dip recession and a prolonged period of economic stagnation if stimulus is cut too soon.
First FSAP for US flags commercial real estate woes
The US banking system at risk from commercial real estate woes, the IMF’s first Financial Sector Assessment Programme says
All eyes on EU bank stress tests - but details remain elusive
Goldman Sachs investor survey suggests 10 of the 91 banks will fail, requiring an extra €37.6 billion in capital
FOMC faces tricky task in avoiding another bubble
FOMC officials’ pessimism about conditions highlights challenge central bank faces in fulfilling its dual mandate
Quant Congress USA: Economist praises dynamic provisioning
Barclays Capital senior economist praises dynamic provisioning approach to loan losses
Risk roulette on eurozone scenarios
The European Union and International Monetary Fund agreed a €750 billion emergency loan package in early May, aimed at averting a sovereign default and wider crisis across the eurozone. Nonetheless, banks have been preparing for the worst, stress testing…
Too networked to fail?
The need to craft special treatment for banks that are too big or interconnected to fail has long been a concern for regulators, but of equal importance is the challenge of identifying which institutions should be subjected to such measures. How can…
Governance returns
Excessive risk-taking was a major cause of the recent meltdown in the financial markets. Time, then, for corporate governance to return in force
Eurozone CDS spreads widen as equities plummet
Wider eurozone CDS spreads in early morning trading mirror movements in the equities market
Sovereign CDS spreads widen in eurozone
Volatility returns to CDS spreads across the eurozone in early morning trading
CDS spreads tighten across the eurozone for sovereigns, banks and non-financial companies
Tightening continues on eurozone CDS spreads in a sign of improving market confidence
IEA cuts global oil demand for 2009 and 2010
The International Energy Agency (IEA) slashes global oil demand for 2009 and 2010, following questions over the health of the global economy, weaker-than-expected data from Asia and the Middle East, and repercussions from the volcanic ash cloud and the…
CVA desks trim hedges as bailout crushes CDS spreads
It was a hectic start to the week for CVA traders, as the eurozone bailout shrank the exposures many faced, leaving them over-hedged.
CDS spreads slashed as EU emergency measures kick in
News of a massive EU rescue package has boosted market confidence in European sovereign and bank debt.
Greece bailout package needs to be extended: Rob Davies column
Three-year tenor of bailout package doesn't give Greece the long-term stability it needs to address its fiscal problems.
Greece faces legal problems in exiting Eurozone
If the €110 billion International Monetary Fund-Eurozone bailout fails and Greece is forced to dump the euro, legal experts say there would be no easy way out of its euro-denominated debts.
Banks run eurozone crisis scenarios as Greece founders
With markets anticipating a Greek debt restructuring, bank traders and risk managers are preparing for a wider crisis that could drag in northern European countries, tip the euro into a tailspin or even threaten the eurozone’s integrity.
Doubts over IMF tax proposals
International Monetary Fund proposals are the latest in a line of suggested levies on banks.
Sovereign default the greatest threat: IMF
Sovereign default risk has soared and is the biggest threat to near-term stability, some segments of banking systems also present dangers
EU derivatives experts suggest threshold system for corporates
Legislators at the European Commission will today move a step closer to determining whether non-financial users of over-the-counter derivatives should be forced to clear trades through central counterparties (CCPs) – a possibility corporates have…
IMF weighs in to too-big-to-fail debate
Report looks at current proposals to deal with systemic risk and bank failures