Solvency

Turmoil around sovereigns’ solvency and the strong market drop currently observed raise many questions and misunderstandings. Taking a short break to look back at some analysis and themes developed throughout the year seems then appropriate...

The yield of the Swedish 10 year notes fell to a new historical low. A move which indicates that Sweden is viewed by Investors as a new hedge…

4 Billion losses related to ETFs, losses in its Greek subsidiary and ECB rescue amounting € 5 Billion...this is an anthology of the rumors that ran in the markets about Société Générale.

The European Central Bank, which has announced strong intervention on the markets, will buy Italian and Spanish debt according to a source close to the bank

Debt rescheduling, monetary policies questioning and EFSF bond purchases in the secondary market. These are the key steps of a plan that should not significantly affect banks’ net income but rather spread economic losses over time.