The Swiss government has stepped in to rescue UBS, the European bank worst hit by the subprime crisis.
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Securitisation articles
The US Federal Reserve has launched a new facility to purchase commercial paper from approved issuers in a further effort to provide liquidity to stricken bank funding markets.
The Bank of England (BoE) on Friday extended the range of collateral eligible for its weekly sterling three-month repo facility to include AAA-rated asset backed securities (ABSs) of corporate and consumer loans and highly rated asset-backed commercial...
Lehman Brothers minibond issues more secure than those of some other dealers
Internationally, credit derivatives have long been the fastest-growing form of derivatives, resulting in mature, liquid markets with a vast range of products. This has not been the case in South Africa - but we are starting to catch up
La crisi dei mutui subprime ha incrinato la fiducia nei rating creditizi, incalzando le agenzie affinchß modificassero i criteri di valutazione delle tranche di CDO. Ma gli operatori già puntano il dito contro una di esse, accusata di spingersi troppo...
South Africa's securitisation market is finding its feet again with spreads tightening and a smattering of fresh issuance coming to market. But rising domestic interest rates and breaches in arrears triggers on some existing issues are raising the spectre...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future