Archive for June, 2009
What is A1/P1 Rating
Monday, June 22nd, 2009“A1″ is the highest short-term rating category assigned by Standard & Poor’s, while “P1″ is the highest short-term rating category for Moody’s Investor Service. Examples of securities that are typically assigned these rating types are commercial paper and bankers acceptances. Securities that have been assigned both an A1 and a P1 rating are considered to [...]
Fed verändert Repo-Geschäft
Monday, June 22nd, 2009Geplant ist nach Informationen der Financial Times, jene Geldhäuser, die als Abwickler in die Geschäfte zwischengeschaltet sind, durch eine unabhängige staatliche Stelle zu ersetzen. Bereits im Juli wollen Vertreter der Fed darüber mit Marktteilnehmern diskutieren. Schon im Oktober könnte das neue Repo-System die Arbeit aufnehmen. Neben der Begebung von Anleihen ist das die Hauptrefinanzierungsquelle der [...]
Banken mit Standard & Poor’s AAA – Rating, AA – Rating
Thursday, June 11th, 2009Rabobank AAA – mit stabilen Ausblick ANZ AA – mit stabilen Ausblick Commonwealth Bank of Australia AA – mit stabilen Ausblick Bank of New York Mellon AA – mit stabilen Ausblick National Australia Bank AA – mit stabilen Ausblick BNP Paribas – AA – mit negativem Ausblick Santander – AA – mit negativem Ausblick HSBC [...]
10 Banks to Repay Bailout Money
Wednesday, June 10th, 2009Although banks continue to receive many types of federal support including loans, banks are increasingly able to attract private capital, to trade securities and to give consumers confidence that their deposits are safe, experts said. “I think it’s fair to say that the force of the global storm is receding a bit,” Treasury Secretary Timothy [...]
Signs That Your Bank May Not Be in Good Health
Wednesday, June 10th, 2009Bank is increasing its CD rates. This could be due to liquidity problems, he said, or the institution may just be looking for money to do more lending. Bank is selling more stock, which could indicate it’s falling low on capital, he said, or that it’s able to attract private capital. Bank is pulling back [...]
Swiss Re Enters Lead Umbrella Marketplace in the US, Offering Net Capacity for Large Corporate Accounts
Wednesday, June 10th, 2009Swiss Re now offers Lead Umbrella coverage to retail brokers and risk managers in the United States. Customers working with Swiss Re receive customized solutions backed by net capacity that is rated among the highest in the industry. Lead Umbrella coverage from Swiss Re’s Industrial Risk Insurer (IRI) is available on an admitted basis in [...]
Banks Put Off Plans To Sell Toxic Assets
Tuesday, June 9th, 2009The Federal Deposit Insurance Corp. said Wednesday that it would suspend indefinitely the launch of a program to finance investor purchases of banks’ troubled loans because few companies were interested in selling. A related Treasury Department program to finance purchases of mortgage-related securities remains on the drawing board months after both were announced with fanfare.
EU push OTC Derivative Disclosure Rules
Tuesday, June 9th, 2009The European Union wants over-the-counter derivatives to be cleared by a central counterparty and a dual disclosure regime for the financial products that have fallen through regulatory cracks, a top European securities regulator said on Monday. Regulation of derivatives, financial instruments often used as a hedge against price fluctuations, is being targeted for reform after [...]
Board to Ban Accounting Practice That Helped Lending Proliferate; Rule Change Aimed at Preventing Another Financial Crisis
Tuesday, June 2nd, 2009The end is nearing for an accounting trick destined to be remembered as a hallmark of the housing boom, because it allowed financial firms to conceal a vast expansion in their lending from regulators and investors.