Credit risk
Profile: Daniel Gros on political risk and Europe's debt crisis
Time for a European Monetary Fund
South African banks grumble over credit pricing discrepancies
To charge, or not to charge?
Insurers could withstand Greek and Italian default, says Fitch Ratings
Insurers could withstand Greek and Italian default, says Fitch Ratings
Isda to review close-out value definitions
Absence of a standard approach is stifling attempts to value termination clauses, dealers complain
CPM functions go back to basics
Old-school value
Foreign regulators leave US isolated on uncleared margin rules
The extraterritorial application of US uncleared margin proposals will make it tough for US banks to compete with their foreign counterparts unless the proposals are copied by regulators elsewhere
CVA's cousin: Dealers try to value early termination clauses
Adjustment anxiety
Standard CSA: Industry's solution to novation bottleneck gets nearer
New CSA, new challenge
CVA hedging: a false sense of security
Quo vadis, CVA?
New standard CSA could be rolled out in Q2 2012
An implementation plan for the new standard CSA is set to be reviewed by the Isda board in September, with a first-phase roll-out expected as early as the second quarter of 2012
The push to a new CSA standard
Disputes over the valuation of trades backed by multi-currency credit support annex (CSA) agreements – in other words, those that allow counterparties to post collateral in multiple currencies and assets – has pushed the industry to develop a new…
How the link between credit and economic growth has broken: Joseph Mason column
After the financial crisis of 2008–9, authorities needed to 'rehabilitate' corporate debtors to improve their creditworthiness. Why have they failed?
Basel III charge could spur interest in CCDS
Development of CCDS could be pushed ahead by Basel III CVA charge, suggest market participants
Irish debt office agrees to collateralise derivatives
The NTMA follows Portugal's debt office in adopting two-way collateralisation - but unlike Portugal it appears it will have to post cash
Managing oil and gas delivery risk
Time is money: mitigating delivery risk
The evolving credit function
A new focus for credit
Offshore activities create surge in spreads on iTraxx Australia
Jack of all trades
EBA stress test results shed light on sovereign derivatives exposures
European bank sovereign derivatives exposures revealed
Europe in a ratings wonderland
Europe in wonderland
Perverse capital
Perverse capital
Pension funds urge US Congress to act fast on debt-ceiling deal
Pension funds and investment firms highlight inflation, interest rate and currency risks of US default in open letters to President Obama
Counterparty risk capital and CVA
Counterparty risk capital and CVA
Risk.net poll: Orderly restructuring most likely scenario for Greece
Almost half of poll respondents believe Greece will undergo an orderly restructuring in the short term, perhaps leading to a selective default