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Banking

WireTap 1400 20/02/12

A round-up of the key stories across the specialist financial media, including news that Spain's spiralling debt is deepening its problems.


Spain sinks deeper into periphery on debt rise

Spain’s debt is set to double from where it stood when Europe’s debt crisis began eating away at any distinction from the rest of the region’s periphery.

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Bullish hedge funds hike their bets in 2012 rally

Hedge funds are bullish on equities and credit in the belief that the eurozone, U.S. and Chinese economies will outperform prior expectations.

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German economic outlook improves

The outlook for the German economy has improved, but a strong cyclical bounce isn't to be expected until the second quarter, according to the Bundesbank.

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Stocks climb for fourth day as metals rally on China measures, Greek talks

Stocks rose for a fourth day and metals rallied after China’s central bank cut reserve requirements for lenders.

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Italy to limit high-frequency orders

Italy’s stock exchange plans to charge traders if they send too many orders into its system, in an effort to curb what regulators deem an excessive numbers of orders.

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