RBS impairments exceed 12 per cent 17 November 2010 5:59PM After initially estimating non-performing loans across the Royal Bank of Scotland loan portfolio at 8.5 per cent, and sticking to this projection until as recently as June, ANZ has discovered the ra.. read more
Credit spreads settle on European periphery 15 November 2010 6:24PM Overall, it was a tough week in the European zone for credit investors, although it ended on a somewhat brighter note. The Markit iTraxx Western Europe Sovereign index, which monitors credit-d.. read more
Asset-backed bond issues increasing 15 November 2010 6:21PM Companies continue to tap the corporate bond market in the US as yields remain near record lows, even as the past week saw some upward pressure on yields in the secondary market. read more
Credit controls canvassed in New Zealand 11 November 2010 4:55PM A direct measure targeted specifically at the housing market may have a place among prudential tools that could be used in New Zealand in the future, the Reserve Bank of New Zealand believes. read more
RBNZ ends last emergency liquidity facility nine months late 10 November 2010 5:43PM The Reserve Bank of New Zealand announced an end to the last remaining temporary emergency liquidity facility from December 1, nearly nine months after closure was planned. read more
One wealth business for ANZ in NZ 10 November 2010 5:42PM ANZ New Zealand is integrating all its wealth businesses and brands in New Zealand into a new business called ANZ Wealth. read more
Seven guaranteed finance companies seem sound 09 November 2010 5:26PM The New Zealand Treasury has not made any provision for default under the extended retail deposit guarantee scheme, thus suggesting all the seven finance companies currently under the umbrella are sou.. read more
Financial institutions dominate last week's bond issues 08 November 2010 6:04PM Banks and other financing institutions dominated bond issues last week, with corporate issuers largely absent. read more
More debt issues to fund buyback 01 November 2010 5:34PM Bond markets continue to get busier as more companies announce buybacks and raise funds to fund them. read more
Few cost savings for Heartland Bank 01 November 2010 3:44PM An independent report has concluded that the proposed business case for the merger of three New Zealand entities to form a banking and financial services group is robust and the merits are compelling.. read more