Sir Win FTW at Lloyd’s Banking Group

July 28, 2009

It’s good to hear that Win Bischoff has a list of priorities in his new role as chairman of Lloyds Banking Group <LLOY.L>. Reviewing the position of chief executive Eric Daniels is apparently not at the top of it.

Indexing the elite’s creditworthiness

June 29, 2009

This isn’t such a good sign for developed nations. Markit, the administrator of popular credit derivative indexes, has created another long-winded¬†index, the Markit iTraxx SovX G7, to track the ups and downs in default risk perceptions of elite industrialized nations.