The credit crisis has brought the ABS market to near standstill. However, RBS has remained active in the field and used its healthy relationship with VW to good effect, reports Edward Russell-Walling.
World
Latest articles from World
Pressure for a knee-jerk reaction is mounting
April 7, 2008Banks are discovering that there will be a regulatory price to pay for the support of governments and central banks – and it could be a costly one. Karina Robinson investigates.
The China growth puzzle
April 7, 2008China has been driving global growth but now faces mounting domestic problems and a deteriorating global economy. Can China’s economic miracle stay the course? Geraldine Lambe reports.
A steady hand in a time of crisis
April 7, 2008CEO of Halyk Bank and former governor of Kazakhstan’s central bank, Grigori Marchenko tells Karina Robinson why the Federal Reserve got it wrong.
UK top six results defy doom-mongers’ predictions
April 7, 2008In spite of dire prognostications about the state of UK banking, the top six banks have emerged from the reporting season, if not unscathed, in pretty good shape.
IFRS makes a transatlantic crossing
March 4, 2008US acceptance of International Financial Reporting Standards is a breakthrough, but UK bankers foresee a discrepancy between rules-based and principles-based systems, writes Michael Imeson.
India’s outsourcing reinvention
March 4, 2008Improved education and better living standards mean employees are returning to India, transforming the country’s outsourced financial services. Brian Caplen reports on how the industry has adapted.
Virtual concept to critical mass
March 4, 2008Islamic finance is growing fast in the Gulf region as banks look for new growth opportunities, but it is also making inroads into non-Muslim markets, writes Stephen Timewell.
Incomers incite fight for clients
March 4, 2008As foreign players enter the market, John Rumsey in San José asks how much competition is healthy for Costa Rica’s banks?
Argentina plays the rating game
March 4, 2008Argentina needs to arrest the high inflation that is hindering the development of long-term capital markets. Jason Mitchell reports.