We extend the work of Hull and White and Kettunen and Meissner and build a credit default swap (CDS) pricing model that includes default intensities and default correlation of all three involved entities,...
Banks must be aware of the risks of data transfer, conference is warned
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
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Extracting value from high-net-worth investors became a priority for Belgian banks in response to the Financial Services and Markets Authority's moratorium, but as mounting regulatory pressure spook...
Crunch time for corporates
Risky funding with counterparty and liquidity charges
The UK's financial regulator is considering strengthening its regulation of all kinds of exchange-traded products because of their increasing complexity
New regulatory fixes only a partial solution as industry anticipates jurisdiction shopping by secretive clients
BNP Paribas launches Russian stock dividend futures in London
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.