Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts

Friday, March 29, 2013

Cyprus Immunity Shows Libor Still Broken Rate: U.K. Credit

Libor ignored the crisis in Cyprus that’s roiling financial markets, showing the global benchmark for $300 trillion of securities remains divorced from reality six months after regulators laid out a plan to fix it.

Wednesday, March 20, 2013

PIMCO cuts euro exposure as investors decry Cyprus bailout plan

LONDON (Reuters) - A demand that Cyprus seize money from depositors to help rescue the island's banks is a wake-up call for those who believed the euro zone crisis was solved, institutional investors and hedge funds said.