January 2010
9 posts
Bill Gross slams UK Gilts - FT Alphaville →
Overall interesting observations, though everything he says also applies to the US, IMHO (if you’re a EUR/GBP investor, obviously…)
Who values big banks? →
Great question (and answer) by Felix Salmon.
FT.com: John Kay - Tailgaters blight markets and... →
Interesting metaphor.
FT Alphaville ยป An overseas sterling liability? →
People are starting to sound the alarm bell on the end of Quantitative Easing…
FT: US bank levy plan finds safety in deposits →
“the more a financial institution depends on commercial paper and other forms of wholesale funding, the more it will pay.” This is an interesting way to curb risk-taking in the system as a whole,…
FT: Banks braced for Basel battle →
“Banks are gearing up to fight a proposal by global regulators to sharply increase capital requirements for institutions that bring in outside investors to fund subsidiaries, saying it will cripple…
FT.com: Return of the structured loan →
“The lowest ranking slices of debt, the so-called first loss tranches, of many of these securities now trade at about 50 cents on the dollar, up from five cents on the dollar.”
Well, leverage still…
FT: Top banks invited to Basel risk talks →
“Proposals including lowering return-on-equity targets for the banks as a way to discourage such risk taking.” That is an interesting approach that may indeed succeed in lowering the risk taking.
George Soros speaks to London Business School... →