Pre-migration untagged articles
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Moody’s on Monday put the triple-A ratings of three series of multi-issuer cédulas on review for downgrade as a result of their exposure to Caja de Ahorros de Castilla-La Mancha (CCM) and the deterioration of the Spanish mortgage market.
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Rabobank yesterday became the first unguaranteed financial issuer to come to the Swiss franc market since the collapse of Lehman Brothers, highlighting a readiness on the part of Swiss investors to accept riskier paper than some market participants had expected.
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Cadwalader, Wickersham & Taft has been hit by an exodus of most of its London-based partners.
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Citigroup will unveil further details of its restructuring today as speculation intensifies over the bank’s future. It is scheduled to announce its fourth quarter and full year earnings review today, a week earlier than planned.
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Trading volumes in the European commercial paper market this week fell considerably on last week, although outstanding volume is still up on last year’s close.
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Deutsche Bank started what is expected to be a bleak reporting season for European banks this week when it revealed on Wednesday it will post its first annual loss in 50 years.
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--Frank Boykin, Mohawk Industries cfo, on terminating its lending agreement with Lehman Commercial Paper Inc.
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The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week. Data provided by Markit Group.
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It's January, which means only one thing -- bonus time.
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Dealers of private EMTNs: Non-syndicated deals for less than $250m excluding financial repackaged SPVs, self-led deals and issues with a term of less than 365 days.
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Outgoing US Treasury secretary Henry Paulson this week called for Fannie Mae and Freddie Mac’s balance sheets to be shrunk dramatically.