Price Of The Bond News

JPMorgan's future losses at the mercy of an obscure index

(Reuters) - It's the biggest parlor game on Wall Street: Estimating how large JPMorgan Chase & Co's trading loss will be from a hedging strategy that went wrong. The biggest U.S. bank by assets has already disclosed $2 billion of paper losses, and Chief Executive Jamie Dimon said it could lose another $1 billion or more. The losses will grow, some traders say, because it appears JPMorgan has ...

Salamander EnergyPLC - Adjustment to Conversion Price of Convertible Bond

 17 May 2012Salamander Energy plcNotice of adjustment to Conversion Price of Convertible BondAs a result of the 13 for 20 rights issue of Ordinary Shares which completed on 17 May 2012 an adjustment has ...

Spain beset by bank crisis, downgrades, bond pressure

MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut. Official data confirmed Spain was back in recession and a newspaper reported a big outflow of deposits from Bankia, but the government ...

Spanish borrowing costs jump in bond auction

Spain's borrowing costs surged Thursday at a bond auction as official data confirmed the country fell back into recession in the first quarter and reports suggested depositors were withdrawing funds en masse from a troubled bank.

Europe's banks on the brink

LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central banking, Trichet was closing out his eight-year reign under siege. Soaring oil prices had made a ...