The benchmark needs to be reformed, not scrapped.
Latest articles from Analysis & Opinion
Structural risks persist in the UAE banking sector
July 24, 2012Banks in the United Arab Emirates are generating decent profits, but there are still significant underlying risks in the operating environment that all market participants need to address.
How to improve trustee responses to bond defaults
July 2, 2012The financial crisis has highlighted the need for more efficient processes to indemnify bond trustees so that they can consider litigation against a defaulting issuer more rapidly.
Citi makes the most of emerging debt volatility
July 2, 2012Citi’s debt capital markets team switched nimbly between reopening Russian markets when risk appetite was high and placing Gulf state sukuk when investors searched for safety.
Markets veteran drives French evolution
July 2, 2012Christophe Mianné, the new deputy of Société Générale’s corporate and investment banking operation, is targeting a change in mindset as much as a change in structure.
Ghana's finance minster: there is no virtue in irresponsible fiscal management
July 2, 2012Having overseen rapid economic growth in the past three years, Ghana’s finance minister insists his government will maintain fiscal discipline before December’s elections. However, he believes fuel subsidies should remain in place, at least for now.
Social finance needs to be trending topic for banks
July 2, 2012Banks are embracing the online community, but do they really understand social finance?
Putting Greece back on track
July 2, 2012Four fundamental flaws have compromised Greek policy efforts and need to be reconsidered for the country to emerge from the financial crisis.
RBS pays price for substandard IT system
July 2, 2012Royal Bank of Scotland's IT systems failure offers a stark reminder to lenders struggling to keep up in the internet age.
Spain shows the cost of postponing pain
July 2, 2012Allowing crippled banks to fudge their loan losses is not the way to deliver a healthy banking market.