Top dealers to Fed: Flow of credit continues to slow
Credit in key areas of the repurchase market continued to tighten in the fourth quarter, according to the Federal Reserve’s quarterly survey of senior credit managers at 20 leading Wall Street dealers....
View ArticlePart 2: Here’s the data regulators need to collect on repo
To spot the build-up of systemic risk in the financial markets, regulators need to collect six bits of information about every repo and securities lending transaction, according to a report from four...
View ArticleNews roundup: Repo and shadow banking in the crosshairs
Repo and shadow banking have been getting a lot of attention lately. It’s rewarding that an understanding of their importance is spreading. RepoWatch recommends the following reports, arranged within...
View ArticleNews round-up: Turmoil in shadow banking
RepoWatch recommends the following reports. Search for the topics that interest you: Accounting, Collateral, DataWatch, Finding a fix, International repo, Money market funds, Securities lending,...
View ArticleNews round-up: Repo and shadow banking A to Z
RepoWatch recommends the following reports. Search for the topics that interest you: DataWatch, Financial crisis, Finding a fix, Hedge funds, Regulation, Repurchase market, Securities lending,...
View ArticleShadow banking, part 1: Failure to reform shadows hurts economy, endangers...
Updated June 18, 2012 One of the failures of the Dodd-Frank Act was in not restructuring shadow banking, with a sturdy repo market at its heart, so it could safely gear back up to boost credit and help...
View ArticleShadow banking, part 2: Lack of shadow master plan means impact of new rules...
The shape of shadow banking reform is now clear. Congress and regulators are going to put a bunch of new rules in place, but they’re not going to articulate a coherent vision of what shadow banking...
View ArticleAn overview of shadow banking for journalists
This post is a transcript of a 12-minute talk RepoWatch editor Mary Fricker gave at the annual conference of Investigative Reporters & Editors in Boston June 15, 2012. Click here for accompanying...
View ArticleEconomists and other analysts see value, danger in repo and shadow banking,...
Latest update: October 2, 2012 In recent months economists and other experts have published a torrent of reports on repo and shadow banking, noting their importance and their dangers and urging...
View ArticleCovering the Repo Market and Shadow Banking
From the Donald W. Reynolds National Center for Business Journalism at Arizona State University: Mary Fricker, founder of RepoWatch.org, said the repurchase market is a key reason for the ferocity of...
View ArticleDon’t touch my repo
The repo industry has dire warnings for anyone who wants to rein in its market. The warnings are a sobering, inside look at how important the repurchase market has become to the world’s flow of credit....
View ArticleEconomists who best understand repo are still working to stabilize it: 2014...
A series of conferences and reports in the second half of 2014 show that the economists who best understand the repo phenomenon are still worried about it and working to stabilize it. This is welcome...
View ArticleLenders drove the boom and the bust
In the years leading up to the 2008 financial crisis, trillions of new dollars flooded into housing. Why? Was it coaxed into the housing market by borrowers who convinced bankers they could pay back...
View ArticleRepos made the news in 2015
The big news about the repurchase market in 2015 was that it made the news. After decades when the largest financial market in the world rarely appeared in public, in 2015 repos finally hit the big...
View ArticleAt mid-year, repo is like an ancient fable
Today’s repurchase market is like the ancient fable of the six blind men and the elephant, where the blind men offer very different descriptions of what each saw when they touched an elephant in a...
View ArticleThe Panic of 2007-8: What happened?
Ten years after the Panic of 2007-8, there’s still major disagreement about what caused the financial crisis and the Great Recession. That’s the sobering revelation in a flurry of commentary written...
View Article