Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: Banks dodge bullet with US-Europe swap deal

Monday, July 15, 2013 - 04:07

July 15 - Financial derivatives still pose a potential risk to market stability. But a transatlantic deal on clearing swaps contracts should reduce the chances of another AIG, says Breakingview’s Chris Hughes.

▲ Hide Transcript

View Transcript

A focus on during the pens are helping breaking views me -- I just step breakfast this morning. And also I will also be taking a quick look at what -- -- of Jenin company ground means for the private equity industry -- -- now told others to stories. Is breaking views and me and it's at Christie's. Chris this new deal between America and Europe for these derivatives industry. -- -- -- -- -- X or is -- derivatives for breakfast today quote healthy way to stop him. I'm fit has. Nobody thought -- I guess but the is good news for. European -- because. That war since leaving threats of regulation was who the man. It's. And in that and then not so. If bank in Europe is bruised. Do you have to riveted to you know -- -- -- US current policy. Every aspect of that you have to us that he goes through. The US and the wiry. In Europe with this would put. -- -- that this the Thong tasted more costly for them to you. On the business with would drift away drift westward -- -- announced an agreement. Between the US and you -- regulations which essentially. The key is European. The European derivatives business for this kind of relief and this is that they would just gonna. Let things. Desist for the time for the time being. There isn't going to be. Florida west -- this -- -- those -- you the indirectly. Forceful way. And presumably this is -- marked improvement from what we had before I mean we bot will this prevent. Feature AIG Billups. Yeah that's been caught a lot of progress. In the territory relations -- has been. Energy as you say. Was able to build up massive positions them in London -- injury. During the crisis and and it's that kind of it is offshore regulation arbitrage that. That the labels that causes -- that -- come down -- we haven't arrived yet. A definitive. Derivative global regulate free frameworks. And I think -- -- and say OK good well that's safe but I think we have made progress but we. Great and fabulous story focusing on as well as the a growing historian assuming sale of this gentlemen. Hot and often Fitch does make a more day. A much bigger story than the fact that it's going to be one of the biggest deals involving private equity in Europe this yet. What happens look -- but if he is and you know private equity in them that was really really. Tricky mix in their products in terms of being cold. Let because it's the political. Act classic -- the vine -- was he needs. -- you -- have to grow it's pretty good example of what private equity can do. That that is good for businesses this grows then. Pretty good success story is that in -- it performance has been improved. On the par on the public -- -- now the focus tonight is that the the valuations. The -- valuation. For growth and now in its potential sale looks quite. Talk -- loss. Both the bonus because -- if it if it sells -- Hasn't its own poll to -- of what part of it to contend with a pretty good about. Keep and I am glad thanks very much Chris Christie is that from breaking views. Full agenda assessing financial insight to what to US breaking each and every day at twelve that's Easton. Seventeen says he BST. I'm Angie and long this is -- since.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Breakingviews: Banks dodge bullet with US-Europe swap deal

Monday, July 15, 2013 - 04:07

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, Jul 03, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)