The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

WireTap 0900 07/12/11

A round-up of the key stories across the specialist financial media, including news that the EU is doubling up its bailout funds

EU talks on doubling financial firewall

FT reports that in eleventh-hour negotiations have begun to create a much bigger financial “bazooka” to present at this week’s European Union summit that could include running two separate rescue funds and winning increased support for the International Monetary Fund.

Click here for the full story

Geithner presses Europe for debt solution

Treasury Secretary Meets With Germany's Finance Minister, Central Bank Officials as EU Leaders' Summit Approaches, WSJ reports

Click here for the full story

Judge confirms Lehman's $65bn plan to pay back creditors

A judge yesterday confirmed Lehman Brother' $65bn creditor payment plan, one final major milestone in the investment bank's record setting bankruptcy case and a cathartic ending to the collapse that tipped world economies into chaos in 2008

Click here for the full story

Australia economy surges on mining boom

Australia’s economy surged in the third quarter, spurred on by a boom in mining investment, with the data coming a day after the nation’s central bank cut the key cash rate on fears about the outlook for global growth.

Click here for the full story

Change to Japan clearing mandate ends LCH-JSCC talks

A decision to limit the scope of Japan's clearing mandate has torpedoed months of partnership talks between LCH.Clearnet and the Japan Securities Clearing Corporation

Click here for the full story

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree