WireTap 0900 05/12/11
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
BANKING

WireTap 0900 05/12/11

A round-up of the key stories across the specialist financial media, including reports that banks face paying more to raise finance in traditional bond markets.




UK banks face higher financing costs

FT says that banks face paying more to raise finance in traditional bond markets – and some will continue to be locked out completely – as a growing demand for collateral from other lenders is undermining the strength of their balance sheets, according to the the Bank of England says the FT

Click here for the full story


Banks vie with nations to sate $2 trillion need: euro credit

Europe’s banks will compete with their governments to borrow $2 trillion next year as the two groups refinance maturing bonds and bills.

Click here for the full story

 
Banks grow cool on sovereign auctions

Many of the banks that act as primary dealers in the European sovereign bond market are considering pulling out of the business because it costs them too much, requires them to shoulder too much risk and no longer helps them win follow-on business.

Click here for the full story

 
Repeal of Dodd-Frank's swaps push-out seen as unlikely to pass Congress

Despite positive vote by House subcommittee, lawyers say a bill repealing section 716 of Dodd-Frank will not pass

Click here for the full story

Yuan in reverse

China’s currency weakened to the lower end of its trading band against the U.S. dollar for the fourth straight session Monday, as investors appeared increasingly inclined to withdraw capital amid concerns over the economic outlook and the likelihood of a new round of monetary easing.

Click here for the full story

 
China’s stocks decline, extending fourth weekly loss, on property concerns

China’s stocks in the Shanghai Composite fell, sending the benchmark index to a six-week low, after non-manufacturing industries contracted as the government’s curbs on property and lending damped demand.

Click here for the full story









Gift this article