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Banking

WireTap 1400 12/12/11

A round-up of the top stories from the specialist financial media, including news that the EU Summit’s failure may consign top-rated bonds to history




Damning RBS report urges law change

FSA calls for automatic punishment for heads of failed banks

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U.S. stock futures drop amid euro-zone worries

U.S. stock futures dropped on Monday, as investors questioned whether the measures announced by euro-zone leaders last week would be enough to stem the sovereign-debt crisis.

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EU Summit’s failure my consign top-rated bonds to history

Europe’s failure to agree on a comprehensive solution to the sovereign debt crisis threatens to consign AAA rated bonds in the region to history.

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German Bunds: harbor or storm?

It is proving to be one of the toughest calls of 2012: Buy or sell German Bunds?

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Fitch Ratings set to cut growth forecasts for Asian nations

Fitch Ratings is poised to cut growth estimates for Asian nations as Europe’s debt crisis weighs on the outlook for the world economy.

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