12.02.10
Debt Backed by Less Collateral as Spreads Jump: Credit Markets
Unsecured bonds are grabbing a bigger slice of global debt sales as central banks’ efforts to boost growth spur investors to take on risk and demand less collateral, leaving them with lower protection in a default.
Read more on BusinessWeek
12.01.10
Chancellor’s autumn forecast statement
The Chancellor’s statement responds to the Office for Budget Responsibility’s ‘Economic and fiscal outlook’, published at 1pm on 29 November 2010. In his statement the Chancellor announces a Growth review and a plan for Corporate Tax reform.
Read more on HM Treasury
11.30.10
WRAPUP 3-India probes 21 companies in bribes-for-loans scandal
*8 executives arrested, charged with taking bribes for loans
Read more on Reuters via Yahoo! Asia News
11.29.10
Namibian Resources – Interim Results Announcement
Namibian Resources – Interim Results Announcement
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance
11.28.10
JPMorgan Japanese IT – Final Results
JPMorgan Japanese IT – Final Results
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance
11.27.10
Shorting the Heard
Does the Ireland crisis bespeak a major weakness in the Basel capital-adequacy regime? Simon Nixon thinks so: the fact that investors won’t lend to Bank of Ireland, he says, “highlights a major weakness of the Basel capital rules that European banks operate under.”
Read more on Columbia Journalism Review
11.26.10
Ireland’s Debt to Foreign Banks Is Still Unknown
Ireland is deeply in debt to British and German banks, but just how much is a mystery. Doubt about the level of risk makes investors more nervous.
Read more on New York Times