According to Bank of America Corp., the volume of bearish positions on the S&P 500 futures has boomed in recent weeks and reached levels seen before the 2008 crisis...
For two months now, successive waves of layoffs in the banking sector occurred. ABN AMRO, the latest bank to announce a downsizing plan, will suppress 9% of its workforce. Goldman Sachs will lower salaries...
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
According to Jacques Ninet, head of research at UFG-LFP, it is obvious that the monetary European Union (an imperfect Trojan horse towards federalism) only gets half the job done when it comes to forging economic union…
The profile of the convertible bond-holder base has changed radically and the vast majority of the market is now held by long-only funds whereas in 2008 highly-leveraged hedge funds were the main holders.