Finance

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Posts tagged "finreg"

The first ratings agency to go unsolicited? [updated]

Turns out unsolicited ratings are highly unpredictable.No sooner had we mused whether FinReg would create a host of voluntary ratings — those not paid for by the issuer of the security —...

At the top, you can only look down

It’s approaching happy hour at Chez FT Alphaville, so we hope you don’t mind if we finish the week on a lighter topic (as we sometimes do).We draw your attention...

Executive comp rules still unclear

The Washington Post picks up on the idea, thus far mostly pushed by academics, that executive compensation should reflect accountability not just to shareholders of financial institutions...

Flattening yield curve, flat-lining banks

In pic-form — one drag on US bank earnings:It’s the flattening US yield curve. And its antithesis — a steepening curve — is one of the things that helped...

Auto lobbying keeps on trucking

You didn’t think the auto industry had relaxed its lobbying efforts, didja? That it would be content merely with having beaten FinReg?As we explained previously, in April...

Derivatives reform: now what?

You may have heard that the signing of financial reform in the US wasn’t just the end of a long and difficult process but also the beginning of another, with a host of federal...

Moody’s on ‘breaking the buck’ – and 208 near misses

Some 13 months and seven days ago, we were struck with a certain catastrophe.Reserve Primary Fund — a money market mutual worth about $64.8bn in September 2008 — broke the buck....

Dodd-Frank, destruction and Buffett’s derivatives

That Berkshire Hathaway has a one-way mega-bet on equity markets is no secret.The insurer built by Warren Buffett — the man who once condemned derivatives as “financial...

More on overcoming the Volcker Rule

On Monday night came the news, via CNBC, that Morgan Stanley plans to spin off hedge fund unit FrontPoint Partners. From the report by John Carney:Morgan Stanley has been weighing...

How Dodd-Frank travels – all the way to Canadian ABCP

DBRS’s Andrew Fitzpatrick has a wonderfully understated way of putting things:. . . it would be something between ironic and sad if the best-laid plans of the Montréal Accord,...

The unpredictability of the unsolicited rating

One other aim of recent ratings reform — now largely forgotten what with the Dodd-Frank/Rule 436(g)-induced ABS oops — was to encourage the issuing of ‘unsolicited ratings’...

ABS market freed! Ford rejoices! Ratings agencies make provisos!

Behold — the first ABS to be issued since the Dodd-Frank bill caused the market to paralyse, the securitisation markets to declare the end of the world, and the ratings agencies...