The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
The global financial watchdog has urged regulators to cast a closer eye over the ways in which leveraged trades in the short-term repo market could amplify financial stability risks worldwide.
As charge-off amounts ticked up across the board, Experian Automotive found that repossession rates moved higher during the third quarter, triggered by a dramatic spike for finance companies.
LONDON, Feb 4 (Reuters) - Vulnerabilities are building across the $16 trillion market for government bond-backed repurchase agreements, a global financial watchdog warned on Wednesday, highlighting ...
THERE'S REASON TO WORRY WHEN EVERYONE FROM rating agencies to regulators starts talking about a corner of the capital markets that previously enjoyed peaceful obscurity — while the banks that arrange ...
THE Bangko Sentral ng Pilipinas (BSP) sees the interbank repo (repurchasing agreement) overtaking foreign exchange (FX) swaps ...
NEW YORK (Reuters) - The Office of Financial Research (OFR), a U.S. Treasury Department-based research powerhouse, said on Monday it has adopted a final rule that will allow it to collect data on ...
The repo rate is not expected to decrease too often now that the Reserve Bank has decided to anchor inflation at 3%.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Before Christmas, our friends at Unhedged asked how leveraged the financial system is today. The reality is ...