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CoCo Bonds ‘Could Push Banks Deeper into Crisis’ - 21 November 2014

Banks are increasingly issuing contingent convertible aka ‘CoCo’ bonds to boost the levels of equity they hold, notes a study by economists at Germany’s Technische Universität München (TUM) and University of Bonn ...

UK Supermarkets Face Power Balance Shift with Suppliers, says Fitch - 20 November 2014

Falling sales for the UK’s big four supermarkets in the face of rising competition from hard discounters will accelerate the decline in the sector’s profitability and change the power balance between UK retailers and some of their suppliers, Fitch Ratings says ...

Canadians ‘Less Receptive to Mobile Payments’ - 20 November 2014

Despite reports on the growing use of mobile payments, many Canadians are still reluctant to pay for purchases with their smartphones, suggests a report global research company GfK ...

Middle East Financing Boom as New Funds Established - 20 November 2014

Middle Eastern investors traditionally tended to outsource asset management to Western managers, but assets are now staying there and funding local project for infrastructure, healthcare, education, and real estate, reports Opalesque ...

UK Regulator Warns Insurers on Eroding Reserves - 19 November 2014

The UK’s banking and insurance regulator has warned motor and home insurers about the risks of drawing on the reserves they have accumulated against future claims to boost profits ...

International Standard Offers Guidance on Outsourcing - 18 November 2014

UK-based business standards company the British Standards Institution (BSI) has published BS ISO 37500 Guidance on outsourcing, described as the first overarching International Standards Organisation (ISO) standard to set out the generic principles and procedures of outsourcing ...

Fitch Predicts More European M&As, High-Yield Issues in 2015 - 18 November 2014

The outlook for European high-yield (EHY) issuance in 2015 will continue to be healthy as merger and acquisition (M&A) activity picks up, while higher ratings and lack of refinancing pressure mean defaults are set to remain subdued, says Fitch Ratings ...

Pole Star Launches Maritime Risk Management Tool for FIs - 18 November 2014

With 90% of all world trade by volume and 70% by value transported by sea, the maritime sector is the backbone of international trade and a critical global industry, says monitoring and security software specialist Pole Star ...

China Looks to Trade Agreement with South Korea in 2015 - 18 November 2014

Chinese officials have indicated that, following the recent progress towards concluding a free trade agreement with Australia after nearly a decade of negotiations, a similar FTA deal between China and South Korea could become effective in the second half of 2015 ...

Five Banks Maintain Grip on US Trade Finance Market - 19 November 2014

The US trade finance market is highly concentrated, with a trio of providers maintaining a commanding position and the vast bulk of business held by a group of just five banks, according to Greenwich Associates ...

S&P Urges UK to Spend on Infrastructure - 19 November 2014

Increased infrastructure investment would drive UK economic growth and bolster the country’s competitiveness, said Standard & Poor’s ...