Solvency

BNP Paribas categorically denies the statements made by a certain anonymous BNP Paribas executive who states that the bank has a liquidity problem in dollars and is participating in the creation of a market in euros to solve the problem.

Corporate earnings have never been higher. Yet, sovereign bond yields have never been lower. Have markets overreacted? Are equities a bargain?

If the market was fully rational in its current pricing, policy makers could actually see current low levels of bond yields as a vote of confidence in their long-term credibility. It would then be rational for policy makers to exploit the lowest funding costs ever

The agency backpedaled today, indicating that its director had been wrong declaring that a Eurobond would get the rating of the worst rated country…

Can a universal bank go bankrupt ? An objective, rigorous and professional answer is built in three stages: credibility of the banks performed stress tests - assessment of prudential regulation to come - understanding the evolution of the banking business model