WireTap 1400 15/12/11

Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

WireTap 1400 15/12/11

A round-up of the key stories across the specialist financial media including news that, even though decline in the Eurozone is slowing, a recession still looks certain.


Euro zone decline eases, recession still looks certain: PMI

The decline in the euro zone's private sector eased a little this month, but a recession still looks inevitable with the region's periphery struggling badly, a key business survey showed on Thursday.

Click here for the full story


Russia could commit $20 billion for euro zone loans

Russia could commit up to $20 billion to the International Monetary Fund for loans to the euro zone, said a top aide to the country's president.

Click here for the full story


Credit Suisse to merge private, investment bank operations

Credit Suisse Group AG (CSGN), the second- biggest Swiss bank, plans to combine the operational functions of its private banking and investment-banking units from next year to lower costs.

Click here for the full story


HK margin rules on uncleared swaps should include exemptions, say market participants

Hong Kong regulators should include an exemption for corporates and non-bank financial institutions in any margin requirements for uncleared over-the-counter swaps, say some market participants.

Click here for the full story


Futures higher ahead of data flurry 

Stock index futures were higher on Thursday, following three days of market losses and ahead of a batch of data including industrial production, jobless claims and New York manufacturing.

Click here for the full story

 

Gift this article