Authorities are scrutinizing Citigroup, whose Japanese unit is suspected of rate manipulation, and prosecutors recently accused one former trader there of colluding with other banks in a vast rate-rigging conspiracy.
The PwC Paying for Tomorrow Prize for Students is asking for 2,000-3,000-word essays on the topic of "a country's taxes can change its fortunes, and those of its people", for a top prize of £20,000, presumably on condition they loan the loot to a parent at a vast rate of interest.
The plan is not to challenge LIFFE or Eurex in their vast interest-rate derivatives businesses but to find market niches.Other innovations have poured forth, including a deal with LCH.Clearnet that lets Euronext capture some of the fees on derivatives trades it sends to the clearing house and co-operation agreements with foreign exchanges, most recently the Dalian Commodity Exchange in China.
What's more, there may be a vast difference in rates between vehicles that may seem virtually the same at the dealership but attract a different type of buyer, says Linkov.
This chapter discusses the necessary experimental methods for acquiring vast amounts of rate data and outlines the early stages of the development of error correction techniques designed for dealing with raw and noisy kinetic rate data.
Species are going extinct at an alarming rate, vast amounts of vital land are milled over for short-term benefit, and political leaders are more concerned about beating the opposition than improving the country.
This vast difference in rate raises questions about how we explain the selection for domesticated non-shattering genotypes, an issue to which I return below.
The immense diversity of human artefacts, their rate of evolution, and the vast acceleration in that rate during the past 60 or so years is without precedent in the Earth's geological record—"It's the trace-fossil equivalent of the Cambrian explosion," says Dr Zalasiewicz.
Analysis by Moody's, a rating agency, shows that the vast majority of highly rated companies in America and Europe have enough headroom, in the form of cash and undrawn bank facilities, to be able to survive for 12 months without needing new financing.
This means a mega-bank like BofA receives one rating encapsulating its vast presence -- not a rating to test if local branches are better or worse investment choices for a regional government's funds versus the local banks.
