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March 2012

Opinion LTRO – game changer or not?

The ECB announced its second long-term refinancing operation (LTRO) on Wednesday. The auction led to 800 banks tapping the ECB for EUR 530bn in three year funding at 1%.

March 2012

Operational Support SGSS in Italy mandated by Hermes Linder Fund Sicav

Societe Generale Securities Services in Italy (SGSS S.p.A.) has been appointed by Hermes Linder Fund Sicav Plc to act as its local Transfer Agent in Italy, providing it with paying agent and investor relations management (...)

March 2012

Opinion The Euro will survive, but not the current Euro zone !

If the existence of the euro is not challenged, it is the case of the euro zone in its current configuration. In the same way that cohabitation between countries with maintaining parity exchange had become impossible in the EMS, cohabitation has become impossible within (...)

March 2012

Note Rating Agencies

The American case during August 2011 and that of France in January shows that the loss of an AAA rating does not necessarily lead to a higher interest rate adjustment.

February 2012

Note The rumour, a necessary credit analysis instrument

According to Bruno Mathis from SterWen and Jean Delahousse, all institutions exposed on Lehman which have highly developed credit analysis tools are able to detect warning signs as soon as they come about and would have almost four months to take safety measures (CDS (...)

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