WireTap 1400 06/01/12
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WireTap 1400 06/01/12

A round-up of the key stories across the specialist financial media, including news that Irish bank bonds may be seeing a resurgence among investors.




Irish-backed bank bonds tempt buyers again

Investors are beginning to show interest in government guaranteed Irish bank bonds.

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ECB's Orphanides wants to stop making banks pay for Greece

ECB policymaker Athansios Orphanides has called for eurozone leaders to abandon plans to make private sector investors take losses on their Greek debt.

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ECB steps in as Italian yields hit 7%

The ECB has once again stepped into government bond markets, buying debt issued by Italy and Spain as Italian 10-year yields once more head above 7%.

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MF Global trustee tussles with regulators: report

MF Global’s trustee in bankruptcy Louis Freeh has refused to hand over documents to the CFTC, asserting attorney-client privilege.

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UniCredit tumbles for third session running

UniCredit shares have suffered a double digit loss for the third session running, as European stocks edge up slightly.

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KPMG quits as China Forestry auditor, deepening concerns about accounting

KPMG has quit as China Forestry Holdings’s auditor amid concerns amongst the accounting standards of Chinese companies.

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