The SEC Corporate Finance staff has issued CF Disclosure Guidance: Topic No. 4 to address its concerns about financial institutions’ disparate disclosures related to their direct and in...
As a result of the various capital reforms arising out of the recent financial crisis, there has been increasing interest by non-US banks to issue contingent convertible instruments (“C...
The Federal Reserve Board announced today the creation of a commercial paper funding facility to help provide liquidity to short-term funding markets. The facility enables the Federal Res...