Risk magazine
€10 billion recapitalisation programme for Irish banks
Irish financial institutions are to benefit from a €10 billion stimulus plan put forward by the Irish government and private investors to recapitalise banks.
$2.1 billion loss ends 2008 on sour note for Goldman Sachs
Goldman Sachs has posted a $2.12 billion net loss for the fourth quarter - its first since going public in 1990 - citing "extraordinarily difficult operating conditions, including a sharp decline in values across virtually every asset class".
MF Global appoints new chief operating officer
Karel Harbour has been promoted to chief operating officer for New York-based derivatives broker MF Global.
CDS spreads tighten on French automakers
French auto manufacturers were trading significantly tighter in intraday trading today after the government provided credit guarantees worth €779 million ($1071.9 million) to two of the country's biggest firms.
Mese pazzo
Turbolenza dei mercati
Selezione naturale
Risk Italia Rankings 2008
Opinioni assolutamente flessibili: tra teoria e pratica
Approfondimenti Investment Management
L'era dell'intervenzionismo
Commento
Attenti a quel rischio
Basilea 2
Le del regole gioco
Profilo
Qualcosa si è inceppato
Correlazione
È tempo di un nuovo modello?
Modelli di capitale economico
Indubbiamente costosa
Raccolta bancaria
Interbank lending rates continue to fall
Despite continued market unrest, healthier interbank lending rates over the past week indicate financial institutions are increasingly confident in lending to one another, while the perceived level of counterparty risk, as measured by the Ted spread, has…
Eurex to list Kospi 200 options
Seoul-based Korea Exchange (KRX) and Frankfurt-based derivatives exchange Eurex have struck an agreement allowing Eurex to list, trade and clear daily futures on Kospi 200 options worldwide after South Korean trading hours.
CDS spreads on automakers widen after bail-out rejected
The cost of credit protection on US and European car manufacturers rocketed in early European trading today following the US Senate's rejection of a $14 billion rescue package for the US auto industry.
CME Group hires Katz as interest rate products head
CME Group has appointed Marcus Katz as director of interest rate products.
Tucker appointed deputy governor of Bank of England
Paul Tucker will replace John Gieve as the Bank of England's deputy governor for financial stability, starting in March 2009.
Bank of America to lay off thousands
Bank of America plans to lay off between 30,000 and 35,000 employees over the next three years. The bank blamed the cuts on the weak economic environment and its impending merger with Merrill Lynch.
Liffe expands clearing capabilities
BClear, the clearing platform of NYSE Euronext's derivatives business, Liffe, will clear commodity swaps and options in Q1 2009.
CDSs tighten on American commercials and widen on Australia
The cost of credit protection on American commercial brands fell in early US trading today, while credit default swap (CDS) spreads referencing South East Asian sovereigns also tightened and spreads of Australian sovereign debt hit a record high.
FSA plans reverse stress tests
According to the Financial Services Authority, stress testing at UK financial firms is too weak to prevent another Northern Rock crisis. It recommends firms perform "reverse stress tests" to identify high-risk scenarios.
UK pensions fell further into deficit in November
UK defined-benefit pension schemes are now £136 billion in deficit as of the end of last month, significantly worse than the £97.3 billion deficit at the end of October.
Nomura hires chief economist in New York
Nomura Securities International (NSI) has hired Paul Sheard in the newly created position of global chief economist and head of economic research in New York.