Interbank

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19h
Newsmax
Strategist Lewitt: Keep an Eye on Libor as 'Epic' Credit Bubble Expandsthe world’s biggest banks, says Michael Lewitt, investment strategist at Third
Strategist Lewitt: Keep an Eye on Libor as 'Epic' Credit Bubble Expands
Newsmax / Posted 19 hours ago
the world’s biggest banks, says Michael Lewitt, investment strategist at Third Friday Management Llc. A rise in the London interbank offered rate, or Libor for short, may signal that fixed-income securities are in danger of losing value, he says in... Read more
20h
Chicago Tribune
In yuan global push, China seeks to succeed where Japan failedpercent for Chinese bonds, the nation has since February allowed all types of m
In yuan global push, China seeks to succeed where Japan failed
Chicago Tribune / Posted 20 hours ago
percent for Chinese bonds, the nation has since February allowed all types of medium- to long-term investors to access the interbank market. Overseas funds increased their holdings of Chinese onshore bonds in June by 47.7 billion yuan to 764... Read more
21h
The Irish Times
Deutsche Bank crisis threatens meltdown beyond German bordersby the simultaneous news of a record $2.5 billion fine to US and British author
Deutsche Bank crisis threatens meltdown beyond German borders
The Irish Times / Posted 21 hours ago
by the simultaneous news of a record $2.5 billion fine to US and British authorities for manipulating the Libor interbank borrowing rate. The Libor scandal has yet to run its course. Former Deutsche traders were indicted last June in New... Read more
63 related stories
22h
The Hindu
Rupee rebounds after brief swoons, up 24 paise at 66.61alongside RBI’s fourth bi-monthly policy statement scheduled to be announced on
Rupee rebounds after brief swoons, up 24 paise at 66.61
The Hindu / Posted 22 hours ago
alongside RBI’s fourth bi-monthly policy statement scheduled to be announced on October 4. Despite a flat start at the Interbank Foreign Exchange (Forex) market, the home currency staged a strong rebound to hit a fresh intra-day high of 66.57... Read more
10 related stories
1d
AllAfrica.com
Naira Heads Towards N500/U.S. - Morgan Stanley Warns Against Controlsrise today to hit the dreaded N500 mark. Surprisingly, the Naira appreciated s
Naira Heads Towards N500/U.S. - Morgan Stanley Warns Against Controls
AllAfrica.com / Posted yesterday
rise today to hit the dreaded N500 mark. Surprisingly, the Naira appreciated significantly to N305/ USD at the official interbank market same day, although dealers said foreign exchange was not available to most of the bids. Meanwhile, the... Read more
1d
The Irish Times
Is Deutsche Bank about to become the next Lehman?by the simultaneous news of a record $2.5 billion fine to US and British author
Is Deutsche Bank about to become the next Lehman?
The Irish Times / Posted yesterday
by the simultaneous news of a record $2.5 billion fine to US and British authorities for manipulating the Libor interbank borrowing rate. The Libor scandal has yet to run its course. Former Deutsche traders were indicted last June in New... Read more
63 related stories
1d
Daily Mail
Deutsche Bank shares drop by 9 percentnot be a huge wave of these withdrawals. 'We haven't heard any talk that someo
Deutsche Bank shares drop by 9 percent
Daily Mail / Posted yesterday
not be a huge wave of these withdrawals. 'We haven't heard any talk that someone stopped trading with that bank in the interbank market. It's just some hedge funds (that have stopped trading with Deutsche),' a trader at a Japanese bank... Read more
75 related stories
1d
Zero Hedge
Global Stocks Slide As Deutsche Bank Fears Rise: Flight To Safety Boosts Bonds, Bullionthe rate for banks to convert euro payments into dollars, fell to 57 basis poin
Global Stocks Slide As Deutsche Bank Fears Rise: Flight To Safety Boosts Bonds, Bullion
Zero Hedge / Posted yesterday
the rate for banks to convert euro payments into dollars, fell to 57 basis points, or 0.57 percentage point, below the euro interbank-offered rate, according to data from ICAP Plc. That’s the most negative reading on a closing basis since July 2012.... Read more
1d
Business Standard India
Sensex, Nifty outperform global peers; BSE Midcap index rises 2%for the coming week now rests at 8,900-8,430”. The rupee recovered 25 paise to
Sensex, Nifty outperform global peers; BSE Midcap index rises 2%
Business Standard India / Posted yesterday
for the coming week now rests at 8,900-8,430”. The rupee recovered 25 paise to 66.60 against the US dollar today at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters. Investors’ focus has now shifted... Read more
1d
AllAfrica.com
W'Bank - Tight Monetary Policy Will Help Stabilise Naira, Attract Foreign Investorspeg on the naira in June and introduced a flexible exchange rate regime to allo
W'Bank - Tight Monetary Policy Will Help Stabilise Naira, Attract Foreign Investors
AllAfrica.com / Posted yesterday
peg on the naira in June and introduced a flexible exchange rate regime to allow the currency to trade freely on the interbank market. But perennial dollar shortage in the economy appear to have frustrated the objective of the central bank... Read more
1d
Fortune
Deutsche Bank Admits 'Perception Issue' as Shares Slidenot be a huge wave of these withdrawals. “We haven’t heard any talk that someo
Deutsche Bank Admits 'Perception Issue' as Shares Slide
Fortune / Posted yesterday
not be a huge wave of these withdrawals. “We haven’t heard any talk that someone stopped trading with that bank in the interbank market. It’s just some hedge funds (that have stopped trading with Deutsche),” a trader at a Japanese bank... Read more
75 related stories
1d
AllAfrica.com
Naira in Fastest, Biggest Fall Yetexchange band, allowing value of the national currency to the pull of market fo
Naira in Fastest, Biggest Fall Yet
AllAfrica.com / Posted yesterday
exchange band, allowing value of the national currency to the pull of market forces of demand and supply. Also, on the interbank FX market, the local currency closed flat at 312.99 against the dollar on Wednesday, according to data from FMDQ... Read more
1d
WA Today
Explainer: The Deutsche Bank mess, and how it all startedmanaging directors and a Vice President across Europe, North America and Asia -
Explainer: The Deutsche Bank mess, and how it all started
WA Today / Posted yesterday
managing directors and a Vice President across Europe, North America and Asia - who were charged with rigging the London Interbank Offered Rate (Libor) between 2004 and 2015. Libor is the rate banks charge each other for short-term loans, and is... Read more
11 related stories
1d
Canberra Times
Explainer: The Deutsche Bank mess, and how it all startedmanaging directors and a Vice President across Europe, North America and Asia -
Explainer: The Deutsche Bank mess, and how it all started
Canberra Times / Posted yesterday
managing directors and a Vice President across Europe, North America and Asia - who were charged with rigging the London Interbank Offered Rate (Libor) between 2004 and 2015. Libor is the rate banks charge each other for short-term loans, and is... Read more
11 related stories
1d
asianage
Rupee recovers 16 paise against dollar in early tradein early trade. Mumbai: The rupee recovered 16 paise to 66.69 against the US d
Rupee recovers 16 paise against dollar in early trade
asianage / Posted yesterday
in early trade. Mumbai: The rupee recovered 16 paise to 66.69 against the US dollar in early trade on September 30 at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters. Besides, increased foreign fund... Read more
10 related stories
1d
Brisbane Times
Explainer: The Deutsche Bank mess, and how it all startedmanaging directors and a Vice President across Europe, North America and Asia -
Explainer: The Deutsche Bank mess, and how it all started
Brisbane Times / Posted yesterday
managing directors and a Vice President across Europe, North America and Asia - who were charged with rigging the London Interbank Offered Rate (Libor) between 2004 and 2015. Libor is the rate banks charge each other for short-term loans, and is... Read more
11 related stories
1d
The Age
Explainer: The Deutsche Bank mess, and how it all startedmanaging directors and a Vice President across Europe, North America and Asia -
Explainer: The Deutsche Bank mess, and how it all started
The Age / Posted yesterday
managing directors and a Vice President across Europe, North America and Asia - who were charged with rigging the London Interbank Offered Rate (Libor) between 2004 and 2015. Libor is the rate banks charge each other for short-term loans, and is... Read more
11 related stories
1d
Sydney Morning Herald
Explainer: The Deutsche Bank mess, and how it all startedmanaging directors and a Vice President across Europe, North America and Asia -
Explainer: The Deutsche Bank mess, and how it all started
Sydney Morning Herald / Posted yesterday
managing directors and a Vice President across Europe, North America and Asia - who were charged with rigging the London Interbank Offered Rate (Libor) between 2004 and 2015. Libor is the rate banks charge each other for short-term loans, and is... Read more
11 related stories
1d
New Kerala
Chinese yuan weakens - newkerala.com #125749from the central parity rate each trading day, Xinhua reported. The central pa
Chinese yuan weakens - newkerala.com #125749
New Kerala / Posted yesterday
from the central parity rate each trading day, Xinhua reported. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business... Read more
1d
WA Today
Deutsche spooks investorsseems likely that the media focus will be on their subordinated credit-default
Deutsche spooks investors
WA Today / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. Taking... Read more
7 related stories
1d
Yonhap News Agency
U.S. bill calls for blocking N. Korea's access to global banking networkand other global transactions are impossible. The most representative of such s
U.S. bill calls for blocking N. Korea's access to global banking network
Yonhap News Agency / Posted yesterday
and other global transactions are impossible. The most representative of such services is the Society for Worldwide Interbank Financial Telecommunication or SWIFT. The legislation, a copy of which was obtained by Yonhap News Agency,... Read more
47 related stories
1d
Canberra Times
Deutsche spooks investorsseems likely that the media focus will be on their subordinated credit-default
Deutsche spooks investors
Canberra Times / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. Taking... Read more
7 related stories
1d
TheBull
Daily bullet points for Asian trade - A weekend of finals footie awaitsseems likely that the media focus will be on their subordinated credit-default
Daily bullet points for Asian trade - A weekend of finals footie awaits
TheBull / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn’t be the case. Taking... Read more
7 related stories
1d
Canberra Times
Deutsche Bank shakes up marketsseems likely that the media focus will be on their subordinated credit-default
Deutsche Bank shakes up markets
Canberra Times / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. 1.... Read more
7 related stories
1d
Brisbane Times
Deutsche Bank shakes up marketsseems likely that the media focus will be on their subordinated credit-default
Deutsche Bank shakes up markets
Brisbane Times / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. 1.... Read more
7 related stories
1d
The Age
Deutsche Bank shakes up marketsseems likely that the media focus will be on their subordinated credit-default
Deutsche Bank shakes up markets
The Age / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. 1.... Read more
7 related stories
1d
Sydney Morning Herald
Deutsche Bank shakes up marketsseems likely that the media focus will be on their subordinated credit-default
Deutsche Bank shakes up markets
Sydney Morning Herald / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. 1.... Read more
7 related stories
1d
FOX Business
Yuan Promotion Could Help Support China Etfseconomies, account for just a fraction of all payments in international trades.
Yuan Promotion Could Help Support China Etfs
FOX Business / Posted yesterday
economies, account for just a fraction of all payments in international trades. According to the Society for Worldwide Interbank Financial Telecommunications, the yuan made up just 1.72% of global payments, the lowest since 2014. However,... Read more
20 related stories
1d
FOX Business
Yuan Promotion Could Help Support China Etfseconomies, account for just a fraction of all payments in international trades.
Yuan Promotion Could Help Support China Etfs
FOX Business / Posted yesterday
economies, account for just a fraction of all payments in international trades. According to the Society for Worldwide Interbank Financial Telecommunications, the yuan made up just 1.72% of global payments, the lowest since 2014. However,... Read more
20 related stories
1d
WA Today
Deutsche Bank shakes up marketsseems likely that the media focus will be on their subordinated credit-default
Deutsche Bank shakes up markets
WA Today / Posted yesterday
seems likely that the media focus will be on their subordinated credit-default swaps (CDS) as well. We should also look at interbank funding costs to see if there is a genuine credit risk fear, although I suspect that shouldn't be the case. 1.... Read more
7 related stories
2d
AllAfrica.com
Central Bank Settles U.S.$180 Million Futures ContractThe Central Bank of Nigeria (CBN) wednesday settled OTC FX futures contracts on
Central Bank Settles U.S.$180 Million Futures Contract
AllAfrica.com / Posted 2 days ago
The Central Bank of Nigeria (CBN) wednesday settled OTC FX futures contracts on the interbank market to the tune of $180 million. The FMDQ OTC Securities Exchange said the transaction settlement followed the maturity of the "third OTC Futures... Read more
2d
AllAfrica.com
Naira Crashes to N465/ U.S.accounts by bank customers, apparently to stem the pressures and improve offici
Naira Crashes to N465/ U.S.
AllAfrica.com / Posted 2 days ago
accounts by bank customers, apparently to stem the pressures and improve official supply of foreign exchange to the interbank market. As a result of the pressure, Naira crashed to between N460 and N465/ USD1, against the opening rate of... Read more
2d
asianage
Rupee good run continues, gains 3 paise against dollarday at a stretch, the rupee appreciated by 3 paise to 66.43 against the US doll
Rupee good run continues, gains 3 paise against dollar
asianage / Posted 2 days ago
day at a stretch, the rupee appreciated by 3 paise to 66.43 against the US dollar in early trade on September 29 at the Interbank Foreign Exchange on continued selling of the greenback by exporters and banks amidst higher opening in the domestic... Read more
10 related stories
2d
The Hindu
Rupee Value- Sept 29, 2016run for the sixth day at a stretch, the rupee appreciated by 3 paise to 66.43 a
Rupee Value- Sept 29, 2016
The Hindu / Posted 2 days ago
run for the sixth day at a stretch, the rupee appreciated by 3 paise to 66.43 against the US dollar in early trade at the Interbank Foreign Exchange on continued selling of the greenback by exporters and banks amidst higher opening in the domestic... Read more
10 related stories
3d
Zero Hedge
"The Only Way Out Is Creative Destruction" Sinn Fears "Self-Inflicted Malaise"Syndicate, Almost exactly eight years ago, the Lehman Brothers collapse plunge
"The Only Way Out Is Creative Destruction" Sinn Fears "Self-Inflicted Malaise"
Zero Hedge / Posted 3 days ago
Syndicate, Almost exactly eight years ago, the Lehman Brothers collapse plunged the global economy into recession. The interbank market collapsed, and the entire industrialized world was thrown into the worst crisis since the end of World War... Read more
3d
Yonhap News Agency
U.S. focusing on cutting off N. Korea's income from coal trade, labor exports: Russelhas been abused and manipulated in furtherance of its illicit programs." He wa
U.S. focusing on cutting off N. Korea's income from coal trade, labor exports: Russel
Yonhap News Agency / Posted 3 days ago
has been abused and manipulated in furtherance of its illicit programs." He was referring to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network that enables financial institutions worldwide to send and receive... Read more
47 related stories
3d
KSWO Lawton-Wichita Falls
The annual SWOSU-Sayre Fall Literary Festival is October 12the general public is also invited, and admission is free,” Ford said. Attende
The annual SWOSU-Sayre Fall Literary Festival is October 12
KSWO Lawton-Wichita Falls / Posted 3 days ago
the general public is also invited, and admission is free,” Ford said. Attendees will enjoy free lunch at noon provided by InterBank of Sayre. Every year in conjunction with the festival, SWOSU-Sayre releases its anthology, which features stories,... Read more
22 related stories
4d
AllAfrica.com
Naira Suffers Severe Loss in All Market Segmentsdefeat against the dollar in all the major segments of the market, the News Age
Naira Suffers Severe Loss in All Market Segments
AllAfrica.com / Posted 4 days ago
defeat against the dollar in all the major segments of the market, the News Agency of Nigeria (NAN), reports. At the interbank segment of the market, the naira lost 53 kobo to close at N308.32, from N307.79 posted on Friday. Trading at the... Read more
4d
Zero Hedge
Saudi Arabia Bails Out Banking System After Interbank Rates Hit 2009 Highsmight call self-inflicted economic collapse, Saudi Arablia has announced a $5.3
Saudi Arabia Bails Out Banking System After Interbank Rates Hit 2009 Highs
Zero Hedge / Posted 4 days ago
might call self-inflicted economic collapse, Saudi Arablia has announced a $5.3 billion bailout of its banking system as interbank borrowing rates near the highest since Lehman. In what the supposedly central bank calls "supportive monetary... Read more
4d
AllAfrica.com
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'situations we are going through at the moment, and the exchange rate is a littl
'Only Operators With Deep Pockets and Competency Will Survive Deregulation'
AllAfrica.com / Posted 4 days ago
situations we are going through at the moment, and the exchange rate is a little bit fluid. The parallel market, the interbank and the FMDQ are on different rates. NNPC has ensured that marketers access foreign exchange at official rate. This... Read more
4d
Naked Capitalism
Rethinking Macroeconomic Theory Before the Next Crisisat any of the three following times: when real estate prices in the US started
Rethinking Macroeconomic Theory Before the Next Crisis
Naked Capitalism / Posted 4 days ago
at any of the three following times: when real estate prices in the US started to decline in the summer of 2006, when interbank money markets first froze in Europe during the summer of 2007, or when it was announced that the Lehman Brothers... Read more
4d
The Hindu
Rupee strengthens on wobbly dollar; up 4 paise at 66.61its momentum. The home currency opened substantially lower at 66.75 as compare
Rupee strengthens on wobbly dollar; up 4 paise at 66.61
The Hindu / Posted 4 days ago
its momentum. The home currency opened substantially lower at 66.75 as compared to last weekend’s close of 66.65 at the Interbank Foreign Exchange (forex) and lost further ground slightly to hit a intra-day low of 66.79 due to initial dollar... Read more
5d
AllAfrica.com
Forex - Clamour for Improved Disbursement of $21 Billion Remittancesare yet to get a single dollar from these banks. The ABCON chief said that the
Forex - Clamour for Improved Disbursement of $21 Billion Remittances
AllAfrica.com / Posted 5 days ago
are yet to get a single dollar from these banks. The ABCON chief said that the banks are also selling dollar far above the interbank rate. The banks, he added, are supposed to sell to the BDCs on the same day within the week, but have failed to do... Read more
5d
The Hill
Election hacks, Yahoo breach in the spotlightIT technician Bryan Pagliano in contempt of Congress. The Chief Information Se
Election hacks, Yahoo breach in the spotlight
The Hill / Posted 5 days ago
IT technician Bryan Pagliano in contempt of Congress. The Chief Information Security Officer for the Society for Worldwide Interbank Financial Telecommunication (SWIFT) banking transactions network says online heists like the one that swindled $81... Read more
5d
The Economic Times
Saudi Arabia's central bank to inject 20 billion riyals to boost financial stabilityyears, were down 3.3 per cent in June from a year earlier. This has strained l
Saudi Arabia's central bank to inject 20 billion riyals to boost financial stability
The Economic Times / Posted 5 days ago
years, were down 3.3 per cent in June from a year earlier. This has strained liquidity in the banking system and pushed up interbank money rates. The one-year Saudi interbank offered rate has jumped by more than 1.5 percentage points in the past 15... Read more
5d
The Hindu
Rupee slumps 13 paise against US dollar in early tradeand a lower opening in domestic equity market. Rupee was down 13 paise at 66.7
Rupee slumps 13 paise against US dollar in early trade
The Hindu / Posted 5 days ago
and a lower opening in domestic equity market. Rupee was down 13 paise at 66.78 against the dollar in early trade at the Interbank Foreign Exchange on Monday. Dealers attributed the rupee’s fall to increased demand for the US currency from... Read more
10 related stories
5d
dna
BSE down over 100 points on weak global cuespoints or 0.45% at 8,791.60 from Friday's close. The rupee slumped 13 paise ag
BSE down over 100 points on weak global cues
dna / Posted 5 days ago
points or 0.45% at 8,791.60 from Friday's close. The rupee slumped 13 paise against the US dollar in early trade at the Interbank Foreign Exchange on Monday. Dealers attributed the rupee's fall to increased demand for the US currency from... Read more
10 related stories
5d
Business Insider
Italy's banking crisis could bring disastrous consequencesIt also protected SMEs and individual depositors. Whatever the vices of the ban
Italy's banking crisis could bring disastrous consequences
Business Insider / Posted 5 days ago
It also protected SMEs and individual depositors. Whatever the vices of the bank management, it guaranteed not only that interbank debt was secure, but that the depositors were treated as depositors and not investors—nor even creditors. This,... Read more
5d
Zero Hedge
Chinese Contagion Risks Surge: Banks' Reliance On Each Other For Funding Hits All Time Highcontrol and flexibility of its monetary policy." According to Bloomberg, whole
Chinese Contagion Risks Surge: Banks' Reliance On Each Other For Funding Hits All Time High
Zero Hedge / Posted 5 days ago
control and flexibility of its monetary policy." According to Bloomberg, wholesale funds - notably those raised in the interbank market - accounted for a record 34% of small- and medium-sized bank financing as of June 30, compared with 29% on... Read more
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