Oh, those wacky Europeans and their Risk-Weighted Assets! Banks in Europe are undercutting regulators’ demands that they boost capital by declaring assets they hold less risky today than they were yesterday. Banco Santander SA (SAN), …
Search Results for: performance
November 8, 2011
Rumours are floating about specific bank capital surcharges: Citigroup Inc. (C), JPMorgan Chase & Co., BNP Paribas SA, Royal Bank of Scotland Group Plc, and HSBC Holdings Plc (HSBA) may face top capital surcharges of …
November 7, 2011
Another small step in the decline of the West: Hong Kong companies are issuing a record amount of bonds in Singapore dollars as Europe’s debt crisis boosts relative yields on securities denominated in the U.S. …
Countercyclical Credit Buffers
The Bank for International Settlements has released a working paper by Mathias Drehmann, Claudio Borio and Kostas Tsatsaronis titled Anchoring countercyclical capital buffers: the role of credit aggregates: We investigate the performance of different variables …
MAPF Portfolio Composition: October, 2011
Turnover remained low in October, at about 3%. Sectoral distribution of the MAPF portfolio on October 31 was as follows: MAPF Sectoral Analysis 2011-10-31 HIMI Indices Sector Weighting YTW ModDur Ratchet 0% N/A N/A FixFloat …
November 4, 2011
It would seem that nobody can make a decision about Greece: World leaders failed to agree on increasing the resources of the International Monetary Fund, dashing the hopes of European governments keen to tap more …
RON.PR.A: Ripe for Credit Downgrade?
DBRS has commented: RONA inc. (RONA or the Company) today announced that it has offered to purchase for cash, by way of two successive offers, up to $200 million of the aggregate principal amount of …
November 3, 2011
There was possible insider trading in MF Global bonds: The U.S. Securities and Exchange Commission is reviewing trades in MF Global Holdings Ltd. (MF) convertible bonds to determine whether some investors sold the debt based …
November 2, 2011
The FOMC statement was pretty gloomy: To support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate, the Committee decided today to continue its …
November 1, 2011
It’s still unclear, but MF Global may have been naughty as well as stupid: MF Global Holdings Ltd. (MF), under investigation by U.S. regulators after filing for bankruptcy protection, violated requirements that it keep clients’ …