Based on their data, the National Oceanic and Atmospheric Administration (NOAA), the organization responsible for identifying global weather patterns, is predicting a greater than 90% chance that El Niño will continue through the northern hemisphere winter in 2015-2016 and gradually weaken through spring 2016.
Concerns about a weakened bank's senior unsecured debt potentially being bailed in should not taint investment views for banks in decent-to-good credit shape; for financially healthy banks resolution remains a very remote probability.
On Tuesday, October 27, 2015, the African Development Bank (AfDB) successfully launched and priced a new 1 billion 2-year US dollar global benchmark due November 3, 2017. This is the AfDB's second US dollar global benchmark of the year following a successful 5-year benchmark transaction executed in February, and its first 2-year global benchmark since 2009.
New research on the US bank and thrift sector from SNL indicates that profitability in the industry will improve but not reach pre-crisis levels. The inaugural edition of SNL's 2015 U.S.
The risk concentration index (RCI) for a diversified portfolio had been on a downtrend since the start of 2014. The
latest risk aversion spell has brought this to an end. This index, which measures the diversity of risk sources, peaked
when markets were mainly guided by the perception of the Chinese risk and by the re-emergence of a systematic
risk.