A round-up of the key stories across the specialist financial media, including coverage over the surge in emergency borrowing from the ECB
ECB lending surge continues
The surge in emergency borrowing from the ECB is continuing, with just over €15 billion being drawn from the marginal lending facility on Tuesday night.
MF Global’s U.K. staff may not receive bonuses pledged before bankruptcy
MF Global Holdings Ltd. (MF)’s U.K. employees owed bonuses by the failed broker were placed behind most other creditors in the bankruptcy process and may never receive their money.
The Hungarian currency has tumbles to a record low, and bond yields have risen, on speculation that aid talks with the IMF and EU will not be completed in the first half of the year.