OSFI has released a letter to IASB about Insurance Contracts. Their first objection is serious – very serious indeed: We are concerned that, if the ED is finalized as proposed, OSFI would likely need to …
Search Results for: performance
November 4, 2013
So what happens to US banks if skyrocketting interest rates cause another housing collapse? The Fed wants to know: The Federal Reserve said it will examine how the biggest banks might react to a jump …
MAPF Portfolio Composition: October 2013
Turnover remained reasonable in October, at about 10%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively homogeneous Straight Perpetual …
November 1, 2013
There was a little pop in bond yields today: Treasury 10-year note yields (USGG10YR) rose to the highest levels in two weeks after a gauge of U.S. manufacturing expanded at a faster pace than forecast, …
October 31, 2013
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 37bp, FixedResets gaining 11bp and DeemedRetractibles off 3bp. The Performance Highlights table is notable on the downside for …
October 30, 2013
Today’s FOMC release was ‘Steady as she goes’: Taking into account the extent of federal fiscal retrenchment over the past year, the Committee sees the improvement in economic activity and labor market conditions since it …
TRI.PR.B Downgraded to Pfd-3(high) by DBRS; S&P Affirms
DBRS has announced that it: has today downgraded Thomson Reuters Corporation’s (Thomson Reuters or the Company) Issuer Rating, Unsecured Debentures and Unsecured Medium-Term Notes ratings to BBB (high) from A (low), Commercial Paper rating to …
October 29, 2013
Nothing happened today. It was a good strong day for the Canadian preferred share market, with PerpetualDiscounts up 17bp, FixedResets gaining 10bp and DeemedRetractibles winning 39bp. The Performance Highlights table is dominated by winning insurance-sector …
October 28, 2013
Singapore is is seeking to encourage HFT: Singapore Exchange Ltd. (SGX), Southeast Asia’s biggest bourse operator, wants to lure more high-speed traders onto its stock market as it grapples with lower volume. Computerized trading firms, …
October 25, 2013
The BoC has released a paper by Bo Young Chang and Bruno Feunou titled Measuring Uncertainty in Monetary Policy Using Implied Volatility and Realized Volatility: We measure uncertainty surrounding the central bank’s future policy rates …