The TMX / Maple deal is still alive: The group of 13 financial institutions that’s seeking to buy the TMX Group Inc. … plans to extend its offer today, according to sources. All 13 members …
Search Results for: performance
April 27, 2012
Paul Tucker, Deputy Governor for Financial Stability at the Bank of England, had some words of interest regarding MMFs at the European Commission High Level Conference, Brussels, 27 April 2012: Money funds do not use …
April 26, 2012
OSFI’s empire has expanded: Canada’s primary lender of taxpayer-backed mortgages is coming under tighter oversight, as new legislation will require Canada Mortgage and Housing Corp. to report to the national banking regulator.…One of the most …
April 25, 2012
Looks like a double-dip in the UK: The U.K. economy shrank in the first quarter as Britain slid into its first double-dip recession since the 1970s, forcing Prime Minister David Cameron to defend his spending …
April 24, 2012
Fascinating developments in High Frequency Trading technology: Currently, data take 64 milliseconds (give or take a few fractions of an eye blink) to travel round-trip between New York and London along a cable built in …
April 23, 2012
The Dutch government is in disarray: Dutch Prime Minister Mark Rutte offered to quit, a move that would trigger early elections, as he sought to win parliamentary support for additional budget cuts needed to steer …
April 20, 2012
Nothing happened today, so I went to a flamenco show. During an informal question and answer period after the show (you aren’t allowed to merely enjoy anything nowadays, particularly dance: you must show diligence in …
April 19, 2012
There’s a dilemma the politicians are having a problem with: how can you square long-term lending risk with zero short term lender risk? The Europeans are trying hard! European Union lawmakers are considering rules to …
April 18, 2012
Chapter 4 of the IMF Global Financial Stability Report is a fascinating review of longevity risk: Private pension providers and governments are particularly exposed to longevity risk and this risk is greatly increased in the …
April 17, 2012
The Bank of Canada sounded a warning note: The Bank projects that the economy will grow by 2.4 per cent in both 2012 and 2013 before moderating to 2.2 per cent in 2014. The degree …