Wave of organisational change at major banks heightens operational risk exposure
Restructuring credit events would cause non-clearable contracts to spin out of cleared index trades
Out of the ashes
Most independent financial advisers are still unprepared for the implementation of the FSA's Retail Distribution Review, according to market participants
Central counterparties have been invited to join the Isda credit determinations committees – but they will not have a vote
Industry insiders have warned a UK Treasury Select Committee hearing that the FSA has shown a distinct lack of interest in dialogue over the FCA
CDS contracts would not trigger in the event a bail-in bond is written down, say lawyers – threatening their use as a hedge
Mustafa van Hien joins UK fund manager from Jones Day
The pros and cons of restructuring
House of the year, Americas
House of the year, Latin America
Lifemark investors low down in pecking order for payouts
Intellectual property and internal talent could get caught up in bank prop desk divorce
Jon Pain to step down from UK regulator before proposed changes take effect next year
Auctions to settle credit default swaps on media firm Thomson in October tested both the small bang protocol and the nerves of dealers. The outcome puzzled some market participants, while others have called for the removal of restructuring as a credit...
A restructuring of debt by Paris-based media and electronics firm Thomson has provided an early test for the small bang protocol. The initial stages of the settlement process highlighted a number of outstanding issues, not least the treatment of index...