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.

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

WireTap 0900 24/11/11

A round-up of the key stories across the specialist financial media



Shunned Bund sale fuels debt crisis fears

The worst-received bond sale by Germany since the launch of the euro fuelled market fears that the continent’s debt crisis was now affecting Berlin, the region’s biggest economy and key to the survival of the single currency.

Click here for the full story

London banks seen rigging rates losing credibility with markets 

Every workday morning in London, at about 10 o’clock, representatives from 19 banks make a series of decisions that affect financial transactions around the world, from what homeowners pay on their mortgages to the underlying value of credit-default swaps and corporate bonds

Click here for the full story

Jefferies stock rout lops $249 million from handler’s stake 

Jefferies Group's 62% stock-market swoon is more than just business for Chairman and Chief Executive Officer Richard Handler -- it’s personal

Click here for the full story


Structurers must work harder to dispel structured products' risky image, warns industry

Failure to meet the needs of investors means many people still view structured products as risky investments

Click here for the full story


RBS hangs hat on FXPB to boost revenues 

To drive more volume through their FX franchises, banks need a successful prime brokerage business. For RBS, an early entrant into FXPB, it holds the key to making up lost ground

Click here for the full story


Japan ‘may be’ close to a downgrade: S&P

Standard and Poor’s said Japanese Prime Minister Yoshihiko Noda’s administration hasn’t made progress in tackling the public debt burden, an indication it may be preparing to lower the nation’s sovereign grade

Click here for the full story

Nikkei falls to lowest level since April 2009 

The Nikkei average fell more than 1.5 percent to its lowest intraday level since April 2009 on Thursday, hurt by a worrying German bond sale and expectations that mounting European debt concerns will continue to push overseas equities markets lower

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