*Launch underlines China's intent to free interest rates market. BEIJING, Dec 10- China's biggest banks will launch the sale of negotiable certificates of deposit this week, sources with knowledge of the situation said, underlining the government's intent to reduce state control of interest rates.» Read More
BEIJING/ HONG KONG, Aug 22- China's top banks are expected to win approval for the issuance of tens of billions of yuan in negotiable certificates of deposit as early as next month, in another step towards developing market-determined interest rates.
Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery, or risk instilling alarm among bank depositors in future, the FT reports.
CNBC's Steve Liesman reports Denmark became the first central bank in this cycle to charge a negative interest rate, cutting certificate of deposit rates from .05 percent to -0.2 percent.
Will CD's be paid under various Greek bond bailouts? David Geen, ISDA general counsel weighs in.
Discussing the French banks scare and the ban on short-selling in Europe, with Larry McDonald, McDonald Advisory Group president.