Can a universal bank go bankrupt ? An objective, rigorous and professional answer is built in three stages: credibility of the banks performed stress tests - assessment of prudential regulation to come - understanding the evolution of the banking business model

The AMF's seventh annual report on credit rating agencies (CRAs) covers international regulatory developments, the European registration procedure and credit ratings.

A few days after the unprecedented decision to lower the US rating, the agency would be on the verge of losing its president Deven Sharma...

Turmoil around sovereigns' solvency and the strong market drop currently observed raise many questions and misunderstandings. Taking a short break to look back at some analysis and themes developed throughout the year seems then appropriate...

The idea that considers equity investing as long term has simply become absurd nowadays and has been so during the last 10 years. Let us be reassured. Opportunities will still be around. The only real question nowadays is how to allocate between real assets and financial assets