There’s a bit of news regarding high-trigger CoCo issuance: Nykredit Realkredit A/S, Europe’s biggest issuer of mortgage-backed covered bonds, is planning to use its first sale of contingent convertible notes to bolster its rating after …
Search Results for: performance
May 20, 2014
So I was talking to a guy on the weekend who said he’d worked out that his house value had multiplied forty times since he bought it in 1967. Pretty good, eh? How does it …
May 16, 2014
Here’s a straw in the wind: This was supposed to be a tough year for fixed income. But so far it is turning out very differently. The bond bears are suffering. Global fixed income assets …
May 15, 2014
Scotiabank will be selling its minority position in CI Financial: Scotiabank owns 37 per cent of CI Financial Corp., a position now worth $3.8-billion. The country’s third-largest lender intends to “monetize” the stake at a …
May 14, 2014
Scandal at the Fed! Some investors may have gotten early word of changes to Federal Reserve policy between 1997 and 2013 and profited by trading before the policy shifts were publicly announced, according to Singapore-based …
May 13, 2014
Boyd Erman of the Globe comments on the HFT study that I reviewed yesterday: The Bank of Canada has released a research paper on high-frequency trading that, unfortunately for those looking for a silver bullet …
May 12, 2014
SEC Commissioner Daniel M. Gallagher mused on the tangled web of supervisory responsibility: And although securities firms have been generally increasing the amount of resources they devote to compliance matters, compliance budgets have increased in …
May 9, 2014
Two stories today made me laugh about how 20th century structures are irrelevant to modern technology. The first was about taxis: London’s taxis are planning a 10,000-cab protest next month, as professional drivers across Europe …
May 8, 2014
The possibility of Saskatchewan entering the national securities regulation framework has led to calls for Nova Scotia to join the happy throng: Nova Scotia treats its regulator as a bit of a cash cow. It …
May 7, 2014
We can hope that Saskatchewan’s flirtation with the national securities regulator gets consummated: The federal government is close to signing up a third province for its voluntary national securities regulator, with Saskatchewan’s government now “optimistic” …