BIS has released a working paper by Ben Craig and Goetz von Peter titled Interbank tiering and money center banks: This paper provides evidence that interbank markets are tiered rather than flat, in the sense …
Search Results for: performance
October 6, 2010
Japan is rumoured to be considering a capital surcharge on systemically important banks, but details and confirmations are scarce: Japan’s financial regulator is considering forcing the country’s largest banks to hold more capital than required …
October 5, 2010
The European stress tests are encountering renewed criticism: The health check, undertaken by the Committee of EuropeanBankingSupervisors (CEBS), tested sovereign debt holdings in short-term trading books but turned a blind eye to the longer-term banking …
CZP: DBRS Announces Review-Negative
DBRS has announced that it: has today placed the BBB (high) Senior Unsecured Debt & Medium-Term Notes rating of Capital Power Income L.P. (the Partnership or CPILP) and the Pfd-3 Cumulative Preferred Shares rating of …
October 4, 2010
Yankee Bonds are surging in popularity: Foreign borrowers are claiming the biggest share of the U.S. corporate bond market in at least a decade, taking advantage of record investor demand for dollar- denominated debt. The …
MAPF Portfolio Composition: September 2010
Turnover picked up in September to 23% Trades were, as ever, triggered by a desire to exploit transient mispricing in the preferred share market (which may be thought of as “selling liquidity”), rather than any …
FTS: DBRS Upgrades to Pfd-2(low)
DBRS has announced that it: has today upgraded the ratings of Fortis Inc. (Fortis or the Company) to A (low) and Pfd-2 (low) from BBB (high) and Pfd-3 (high), respectively. The trends have been changed …
October 1, 2010
Towers Watson has released a series of promotional reports:Pension Finance Watch: Long bond yields plunged in August, pushing liability values up dramatically. Equity values also declined significantly during the month. This rather unfortunate combination of …
Best & Worst Performers: September 2010
These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices. September 2010 Issue Index DBRS Rating …
September 30, 2010
Fabulous Fab, the bond salesman scapegoated for personally causing the Panic of 2007, and useful misdirection from the SEC’s incompetence, has claimed the SEC has no jurisdiction anyway: The Securities and Exchange Commission can’t sue …