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It can only be good news that the credit market is much less newsworthy than it used to be. This comes through from the latest edition of Deutsche Bank's annual [...]

Some investment managers do better for you than others. Why? Traditionally, financial theorists approach this by dividing the components of a fund's performance into two. First, there is asset allocation [...]

We are halfway there. FTSE's developed markets index has now regained half of its losses since it peaked in October 2007. Having fallen 59.7 per cent, it is now down [...]

Lehman One year on, a new financial order is emerging. While questions remain over Washington's role, surviving banks are thriving in the new era, write Francesco Guerrera and Michael Mackenzie [...]

Was that the golden age for the financial sector? This week brought news that Wall Street is returning to health (rude health in the case of Goldman Sachs). The big [...]

US financial stocks slumped to their lowest level since 1997 yesterday as the escalating global credit crisis forced the UK to announce the partial nationalisation of its banking system. Gordon [...]

Writing anything about this financial crisis is nerve-racking. People may be reading how financial journalists wrote about this crisis decades from now, and things we now accept as unquestioned orthodoxy [...]

As catalogues of disaster go, yesterday had it all. In the US, the National Association of Home Builders' housing market index hit a record low, below expectations; headline inflation surged [...]

This has been an unholy Holy Week. The panic triggered by the near collapse and subsequent rescue of Bear Stearns was the most terrifying moment for world markets for decades. [...]

This has been an unholy Holy Week. The panic triggered by the near-collapse and subsequent rescue of Bear Stearns was the most terrifying moment for world markets for decades. Volatility [...]

A global equities rally that had carried Asian bourses to record highs ran out of steam during US afternoon trading yesterday as investors sold technology shares that had led the [...]

About turn! Maybe we should ignore what financial regulators say and just watch their actions. Days ago, the Federal Reserve was more worried about inflation than anything else, US housing [...]

The only thing to go up when the market goes down, they say, is correlation. It is a cliche, but it is truer than ever. As a consequence, there are [...]

The S&P 500, by far the world's most tracked stock index, is almost back to its all-time high. Earlier this week it traded above its highest closing level at the [...]

Conventional wisdom holds that globalisation - the economic links between the developed and developing world - is driving economic growth. It also holds that the US economy is 'decoupling' from [...]

Sometimes the stuff of populist politicians, or even revolutionary theorists, can look a lot like investment strategy. Look at a pressing subject for investors: inequality. Who, for example, said this? [...]

WASHINGTON and NEW YORK -- Things are looking up for Ben Bernanke, who takes his seat at the great oval table in the Federal Reserve boardroom today for the concluding [...]

NEW YORK -- Banco Bilbao Vizcaya Argentaria SA, Spain's second-largest bank, yesterday extended its retail banking reach in the US by agreeing to buy Texas Regional Bancshares for Dollars 2.16bn. [...]

NEW YORK -- The NYSE Group last night announced that it had hired Societe Generale, a French financial services group, as a financial adviser to help in its proposed merger [...]

US stocks have enjoyed a widely anticipated rally of late. Less widely foreseen has been the strength of financial stocks. The Keefe Bruyette/Philadelphia Stock Exchange banking index has led the [...]

ACAPULCO -- BBVA Bancomer, Mexico's largest bank, is planning to merge its mortgage lending activities into Hipotecaria Nacional (Hipnal), the specialist mortgage lender it bought last year for Dollars 375m. [...]

Banorte is the only consumer bank in Mexico still wholly owned by Mexicans. And it makes great capital of that. It plays to nationalist sentiment with its slogan 'El banco [...]

The long-running war between Mexico's politicians and its bankers took a turn for the worse this week. For several years, the government has complained that the country's recently revived banking [...]

MEXICO CITY -- Mexico's official banking watchdog launched a fierce attack on commercial banks in the country - which include Citigroup of the US, HSBC of the UK, and Bilbao [...]

The presence of morethan 7m Hispanics in Texas is proving key to attracting US and European banks to the second largest US state, driving up stock prices in the sector [...]

MEXICO CITY -- The Bank of Mexico yesterday tightened monetary policy for the fifth time this year in an attempt to head off inflationary pressures that have accompanied Mexico's economic [...]

MEXICO CITY -- Markets responded positively on Friday to a deal that should finally allow Mexico's biggest banks to put behind them the Dollars 65bn bail-out that followed the 1995 [...]

MEXICO CITY -- Four of Mexico's largest banks yesterday offered to restart negotiations over repaying some of their money received in 1995's Dollars 65bn (Euros 58bn, Pounds 40bn) bank bailout [...]

This week's announcement by BBVA Bancomer that it is launching a new debit card for migrants in the US to send money home to their families in Mexico has intensified [...]

A constitutional dispute between Mexico's executive and legislative branches over the fall-out from the Dollars 65bn bank bail-out in 1995 could have sweeping consequences for the international banks that control [...]

Santander Central Hispano's decision last week to sell a stake in its Mexican operation, the country's third-largest and most profitable bank, to Bank of America, could be a signal that [...]

NEW YORK, SPAIN and MEXICO CITY -- The growing integration of the US and Mexican economies was underscored yesterday as Bank of America and Spain's Santander Central Hispano joined forces [...]

NEW YORK, SPAIN and MEXICO CITY -- The growing integration of the US and Mexicaneconomies was underscored yesterday as Bank of America and Spain's Santander Central Hispano joined forces in [...]

When Mexico relaunched its pension system in 1997, after the peso devaluation that virtually wiped out the nation's savings, it was the cue for some heavy sales techniques. One company, [...]

MEXICO CITY -- The Mexican government yesterday completed a placement of its 11.8 per cent stake in BBVA Bancomer, the nation's biggest bank, in a deal worth about Dollars 865m. [...]

MEXICO CITY -- The Bank of Mexico yesterday raised its forecast for the country's gross domestic product growth this year to 1.8 per cent from 1.5 per cent, apparently confirming [...]

Mexican banks are embroiled in an argument over how they can start to expand their lending, as the levels of credit extended by banks continue to run at far lower [...]

MEXICO CITY -- Mexico will continue to pursue a policy of targeting inflation, even though its strong currency is hampering the nation's exports, the country's central bank governor told the [...]

MEXICO CITY -- ING of the Netherlands has stepped up the entry of foreign financial groups into the Mexican banking market by investing Dollars 200m in Bital, the retail bank [...]

With 80 per cent of Mexico's banking assets now controlled by foreign banks, attention is focusing on the two largest remaining independent banks, Banorte and Bital. Both have seen strong [...]

International financial groups are rushing to enter Mexico's tiny but fast-growing pension fund management industry. Citigroup and Prudential Financial of the US have both taken large stakes in local pension [...]

MEXICO CITY -- Aegon, the Dutch insurance group whose exposure to bankrupt US energy trader Enron totalled about Dollars 300m, yesterday sold its interests in a Mexican life assurer and [...]

WASHINGTON and NEW YORK & LONDON -- US authorities are poised to take emergency action this week in an effort to forestall turmoil in American financial markets following last week's [...]

NEW YORK -- The Investment Company Institute, the trade association for the US mutual fund industry, started its annual meeting in Washington yesterday with a renewed attack on proposals to [...]

NEW YORK -- Paul Volcker, the former chairman of the Federal Reserve, will publish today in New York the names of almost 21,000 holders of Swiss bank accounts who could [...]

NEW YORK -- Holocaust bank concern revived Paul Volcker, the former US Federal Reserve chairman who headed the inquiry into Holocaust victims' dormant Swiss bank accounts, has revived controversy over [...]

WASHINGTON and NEW YORK -- The outgoing Clinton administration yesterday brokered a settlement between French banks and Jewish victims whose assets were stolen by Nazi and wartime French authorities, completing [...]

Citigroup hoisted profits by 9 per cent to $2.44bn for the second quarter, leading a trend that saw several large US banks cutting costs against a background of raising interest [...]