Nine months on from the US tightening up regulation of money market funds (MMFs), organisations show little appetite for investing in prime money funds reports the Association for Financial Professionals.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
Ever since the sub-prime mortgage bubble burst in 2008, people have been trying to spot the seeds of a future crisis. But there’s an altogether less likely bubble starting to emerge.
The western Canada utility has partnered with SAP Ariba in eliminating inefficiencies from its supply chain.
The Bank of England calls for UK banks to put aside an extra £11.4bn to deal with any future economic slowdown in its latest financial stability report
The competition commissioner said it approved the bail-out of Banca Popolare di Vicenza and Veneto Banca to “avoid an economic disturbance”.
Emerging markets offer “a world of opportunity”, but delegates at the recent ACT Conference heard from treasurers whose companies operate in regions such as Africa about the challenges they also present.
The president of BaFin says that proposed changes to regulations “excessively and unnecessarily” burdens the country’s smaller banks.
The government announced a restructuring of the island’s US$70bn accumulated debt, which dwarfs the 2013 bankruptcy of Detroit.
The Italian airline will be put up for sale later this month as the government aims to prevent its liquidation.