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December 2011

Main

Top stories

ECB: The end of the last resort

Western Europe

Property crisis drains Spain’s hopes of recovery

Rebuilding Europe’s banks: Irish lessons

North America

US retail banks go to war

Asia Pacific

Real estate: Property throws a shadow over China

Glitch and glamour of Chinese IPOs

Debt markets

Covered bonds: Fund-starved banks risk collateral damage

Foreign Exchange

RBS hangs hat on prime brokerage to boost FX revenues

Central Asia

Central Asia: Micro matters

Latin America

Latin America: Debt-defying Deutsche eyes equities

Operational risk

Regulation: Banks under the cosh from corruption vigilantes

Emerging markets

Patchwork story for emerging Europe’s bankers

Banking news

Bank funding: Europe’s loss is the US banks’ gain

Eurozone: Italian banks see deposits shrink

European deleveraging hits emerging markets

Banks need funding guarantees

Markets news

Credit derivatives: Isda defends sovereign CDS

Debt capital markets: Credit markets brace themselves for 2012

Repo: MF Global exposes short-term risks

Foreign exchange: Euro resilient amid fevered break-up speculation

Foreign exchange: Fracking will boost dollar

Asia news

Strong debut for Chinese local government bonds

Research: Moody’s buys stake in Copal

China: Regulators tinker, futures trading plummets

Latin America news

Valuations: Europe sells out – but who will buy?

Debt capital markets: Banco do Brasil bond breaks FIG silence

Brazil: Time is money for new banks

EEMEA news

Capital markets: Foreigners on Saudi stock market next year

Israeli banks face house-price dip

Audi launches $300 million Turkish bank

Poland: Solorz-Zak closes LBO, faces financing crunch

Hungary: IMF talks ‘restrict’ Orban’s bank policies

M&A: Bank woes spur corporate sales in Slovenia

Market leaders

Regulation: Supervisors still can’t get it right

Financial reporting: Banks mask terrible quarter

Capital markets: Emerging-market overhang

Lack of foreclosures reveal US denial over state of the economy

Bank recapitalization: BofE should buy UK bank bonds

Project bonds all talk in Brazil

Chinese equities: When being accused means you lose

Columns

Abigail with attitude: December 2011

Macaskill on markets: Downgraded banks face hits from additional collateral payments

Sideways: Nominees try to be Wall Street smart

Inside Investment: Debt levels and politicians up against the ropes

Against the tide: Euro’s end game

Easing Europe’s woes after failed Bund auction

Front End

Bank-note paper: Wallpapering over the cracks

Polonium cocktail?

Qualified festivities

CoCo bonds: CoCo nuts, says prof

Quotes of the month

Off the record

Research Guide

The 2011 guide to Brazil