Sisällysluettelo : Bank of Finland. Financial market report

Abstract

1 Financial intermediation 3 1.1 Companies face financing problems 3 2 Banks and insurance corporations 6 2.1 Results plummet in US and European banking sectors 6 2.2 Growing impairment losses in Nordic countries 8 2.3 Finnish banks income developments remain mixed 9 3 Securities markets 11 3.1 Rapid decline in mutual fund assets 11 3.2 Government guarantees support banks issuance of debt instruments 13 4 Infrastructure 15 4.1 Single Euro Payments Area a long-term project 15 5 Key regulatory and supervisory initiatives 17 5.1 Financial market crisis brings significant international regulatory reforms 17 5.2 EU Commission proposes tightening of regulations on credit rating agencies 19 6 Key corporate arrangements and events in the financial sector 20