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Toto, I have a feeling we're not in EM anymore
Two lenders entering administration should signal to others: simplify the industry
Investors are rewarding Romania for trying to fix its fiscal problems
Liberated issuers will still have to follow European regulations if they want to sell in EU
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The dollar market is going to be an unreliable friend for some time
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There's an audience for the right story even in chaotic markets
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Flash signs that financial markets were heading for a funding crisis are what spooked traders
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European capital market participants quite rightly remain unconvinced that the 90 day reprieve is anything to cheer
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US stocks have been the big loser, while European banks could reap profits
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Enthusiasm for a defence push on the continent is crucial but lacking