Without MREL or TLAC, governments are at mercy of private buyers for failed banks
Bondholders face fresh uncertainty about European use of bail-in, critics warn
Sponsored Q&A: Banca IMI
Bumper deal for Intesa Sanpaolo gains recognition
Cutting CVA corners
Giulio Mignola, Intesa Sanpaolo
Mignola new chair of Operational Risk data eXchange
Allowing banks to ignore falling bond prices for capital purposes is a legitimate move, says regulator
Tightening spreads are making it more difficult for banks to factor protection into their products and although the market is stabilising, having protection and products they understand is still an important factor for Banca Fideuram’s customers. Clare…
The financial crisis drummed home to many banks the advantages of quickly calculating exposures and executing hedges for complex portfolios. As a result, some banks are looking to the insurance sector and their use of replicating portfolios.
The Weather Risk Management Association (WRMA), the international trade organisation of the weather derivatives industry, yesterday said that the notional value of weather derivatives contracts fell by $100 million from last year’s figures.
Leading warrants dealers in the UK have rebutted claims that the London Stock Exchange’s (LSE) new covered warrants market is a flop.
A new euro-denominated ethical index exchange-traded fund (ETF) started trading on the Borsa Italiana – the Italian stock exchange – today. The Ethical Index Euro ETF (ticker B1ET IM) is the first ethical ETF in Italy.
JP Morgan Chase plans to give a number of presentations to asset managers to encourage them to use credit derivatives to enhance returns.
The cost of senior five-year credit protection for IntesaBci widened 12 basis points to 87bp-mid, with its subordinated debt protection widening 40bp to 190bp-mid, after it reported weaker-than-expected results yesterday.
The global weather risk market is still healthy, despite high profile departures from the market, speakers told delegates at Risk 's WeatherRisk conference in London today.
Italy’s largest bank, IntesaBci, plans to downsize its credit derivatives business as part of a dramatic restructuring of its business.
IntesaBCI has shelved its plans to trade weather derivatives this year, in a move likely to prompt closer scrutiny of weather trading performance at other banks.