The misuse of the repo market by Lehman Brothers and MF Global should not prompt hasty regulation proposals, because the vast majority of repo activity is entirely transparent and straightforward.
Latest articles from Analysis & Opinion
Chinese banks move up a gear in Latin America financing
March 26, 2012As China becomes a growing source of finance in Latin America, looking to internationalise the renminbi and diversify its investments away from low-yielding US debt securities, both parties seem to be reaping the rewards. But does this blossoming relationship simply highlight Latin America's dependence on commodities?
Shedding light on shadow banking
March 26, 2012The rise of non-bank intermediaries in Europe is an opportunity, not a threat
Will North Korea change course?
March 21, 2012Already North Korea's new leader Kim Jong-un has taken a step forward and a step back in cooperating with the international community. Will his reign mark the beginning of a more diplomatic North Korea or just more of the same?
Citi's rates build-out pays off
March 1, 2012Citi's head of G-10 rates, risk treasury and finance, Andrew Morton, has pulled the previously disjointed business together since his appointment in 2008, and this cohesive approach has been rewarded with a clutch of happy clients and strong positionings in the rates league tables.
Regulatory change: a key driver for banking sector M&A
March 1, 2012Financial institutions will have to determine how to adapt their businesses to the new regulatory and economic environment, but this means more than simply deleveraging.
Akbank's master of reinvention
March 1, 2012The new CEO of Akbank, Hakan Binbaşgil, explains to Brian Caplen how the past decade has seen the bank transformed by its embracing of new technology, pioneering new channels, targeting Turkey's youthful population, and keeping the customer central to everything it does.
HSBC's DCM team gets 2012 off to a flying start
March 1, 2012After a desperate 2011, 2012 got off to a flying start in the sovereign, supranational and agency arena, with successful issues being placed left, right and centre, most notably in euros and sterling. All of this has meant a busy couple of months of HSBC's debt capital markets team.
Finance minister Diby looks to revitalise Côte d’Ivoire
March 1, 2012Côte d’Ivoire’s economy was battered by the near civil war that broke out following elections in late 2010. The new government has made a good start in trying to repair the damage, but its finance minister knows it has more to do to regain the trust of foreign investors.
Confindustria president confident over Italy's future
March 1, 2012Despite the doom and gloom surrounding Italy's future prospects, the president of its employers association, Confindustria, is confident that the country's new government has already made great strides towards putting it back on a path to growth.