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. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

WireTap 0900 24/01/12

A round-up of the key stories across the specialist financial media, including news that Japan is likely to report its first annual trade deficit in more than 30 years.




End of era for Japan's exports

The Japanese government is expected to announce tomorrow that the country has recorded its first annual trade deficit since 1980, with economists warning that under current conditions this could be repeated in years to come.

Click here for the full story


IMF Chief Warns Europe Must Fuel Growth

Christine Lagarde, head of the IMF, has warned Europe that, as well as cutting deficits, Europe needs to do more to promote growth and prevent contagion to the world economy.

Click here for the full story


Cable outlines plans to curb top pay

UK business secretary Vince Cable has outlined plans to rein in executive pay by boosting shareholder power and demystifying complex pay deals.

Click here for the full story


SocGen, Credit Agricole ratings cut at S&P

Societe Generale and Credit Agricole, France’s second and third biggest banks, have both seen their credit rating cut to A from A+, with S&P citing the lessened level of government support following the French sovereign downgrade.

Click here for the full story


Securitisation experts warn on planned reforms

Securitisation industry experts are concerned that regulatory reforms for banks could damage liquidity across markets.

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