The Investment Industry Regulatory Organization of Canada is going after Deutsche Bank for not functioning as Coventree’s Investor Relations department in the ABCP affair. Assiduous readers will recall that domestic banks are expected to enter …
Search Results for: performance
December 8, 2009
CIT Group will shortly be exiting bankruptcy: CIT Group Inc., the 101-year-old commercial lender, won court approval of a plan to cancel old shares, shed debt and exit bankruptcy court protection with new stock worth …
December 7, 2009
Bob Eisenbeis, Chief Monetary Economist at Cumberland Advisors, has posted a good commentary on Contingent Capital. It was a mixed day for preferred shares, with PerpetualDiscounts down 10bp and FixedResets up 11bp – which took …
BIS Publishes 4Q09 Quarterly Review
The Bank for International Settlements has released its December 2009 Quarterly Review with: A review of current conditions Macro stress tests and crises: what can we learn? Monetary policy and the risk-taking channel Government size …
MAPF Portfolio Composition: November 2009
Turnover remained steady in November at about 48%. While activity both this month and last has been much lower than normal throughout the Credit Crunch – particularly since the Lehman bankruptcy brought chaos to the …
December 4, 2009
The overhang of Treasury’s Citigroup stake is causing problems: The U.S. Treasury Department’s refusal to sell its 34 percent stake in Citigroup Inc. is hampering the bank’s plans to repay $20 billion of remaining bailout …
December 3, 2009
Credit Default Swaps are having definitional problems in Japan: The International Swaps and Derivatives Association is assessing whether Japan’s alternative dispute resolution process for companies restructuring their debt triggers a so-called credit event that would …
December 2, 2009
Looks like the UK government is doing all it can to make the Royal Bank of Scotland a casualty in the holy war against bonuses: Royal Bank of Scotland Group Plc, recipient of the world’s …
Best & Worst Performers: November 2009
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. November 2009 Issue Index DBRS Rating …
December 1, 2009
The market-timing fiasco (in which trades were executed at stale prices) is heating up again. As far as I am aware, there has been no admission of guilt by anybody; and nobody lost their license …