Afternoon News Round Up

• Fed's Outright Treasury Coupons Purchase for USD 7bln May. 2016 - May 2019, Offer/Cover 3.637 vs. Prev. auction of similar maturity 3.74
• Prime-mortgage delinquencies climb to 2.9%
• Russian banks require USD 20-80 bln in additional capital in 2009, says Fitch Ratings
• IMF reports reserve currency assets for Q1 2009; USD's share of reserve assets rises to 65% vs. Prev. 64.1%
• French finance minister Lagarde says French banks can withstand deeper economic slump
• Venezuela says hoping for USD 75 oil price in 2nd half of the year
  
• Gasparino says about 9 groups to be chosen for PPIP
• Deutsche Bank CEO says banking industry will be less profitable
• World Banks' Zoellick sees 'great uncertainity' on recovery's timing
• RBS, Lloyds may need to sell units to win aid, EU's Kroes says

Courtesy of RANSquawk
Sphere: Related Content

Bookmark this post with:

• 
• 
• 
• 
• 
• 
• 
• 
• 

Print this post