Manhattan federal judge refuses to approve SEC settlement relating to Citi's negligence over 2007 CDO
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BASEL, SWITZERLAND -- The Basel Committee on Banking Supervision has launched a new subgroup of the Accord Implementation Group, according to a source within the Basel Committee. The group is updating the corporate governance guidance that the Committee...
Global default rates fell in the third quarter for the first time in two years, signalling that the flood of corporate defaults that began in the late 1990s has peaked, according to ratings agency Standard & Poor’s.
Italy’s largest bank, IntesaBci, plans to downsize its credit derivatives business as part of a dramatic restructuring of its business.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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