Claudio Borio, chief economist at the Bank of International Payments (BIS) in Basel, believes that the question that differentiates what has been happening in continental Europe from what has been happening to some extent in the US, the UK and other economies, including Spain, is the extent to which the banking problems and the asset quality problems have been adressed head-on.
LONDON | Will we witness an official reaction this May after having appeared the first signs of what could become the European Lehman-esque virus? According to the latest Financial Stability Forum’s special report, “the recent rapid growth and innovation in the markets of exchange-traded funds warrants increased attention by regulatory and supervisory authorities, as well as by the exchange-traded fund industry including providers, market-makers and investors.”
LONDON | Will we witness an official reaction this May after having appeared the first signs of what could become the European Lehman-esque virus? According to the latest Financial Stability Forum’s special report, “the recent rapid growth and innovation in the markets of exchange-traded funds warrants increased attention by regulatory and supervisory authorities, as well as by the exchange-traded fund industry including providers, market-makers and investors.”