The Banque de France published its fourth issue of its Financial Stability Review. The Financial Stability Review is divided into two parts. The overview provides a detailed account of recent developments in the international environment and the financial system, addresses financial vulnerabilities and sheds light on the initiatives designed to enhance financial stability.
The five articles provide in-depth analysis on a wide range of topical issues focusing on credit and equity-markets related topics of particular relevance to financial stability. They include:
credit ratings and market dynamics
findings of the French market survey on credit risk transfer instruments
credit default swaps and their uses
the interdependence of European and US stock markets
issues arising from the accounting treatment of goodwill recorded in French groups' balance sheet
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© Banque de France
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