Feature/Central banks
US Wrap: UBS puts in an appearance with S&P 500 based straddle product
UBS graced the US market with a rare appearance as an issuer yesterday, offering up 100% principal protection absolute return barrier notes linked to the S&P 500 Index. UBS Financial Services is agent for the straddle product based on an underlying that…
CBA offers exposure to Australian equities
Commonwealth Bank of Australia (CBA) has launched its Capital Series Australia II product, which is designed to provide exposure to listed Australian shares.
Dealers and regulators: Who will blink first?
High noon for CDS Clearing
What to do with the toxic debt
The issue of how to tackle the vast quantities of impaired assets lingering on banks' balance sheets has given rise to several possible solutions, chief among which is the notion of a 'bad bank'. Credit asks five market participants how such a scheme…
Capturing dividends
Cover Story
Dead in the water?
Basel II
Investec rolls latest offerings off production line
Investec Structured Products has launched its seventh suite of structured trades comprising accumulation, investment and income plans all linked to the FTSE 100 index. In the income category is the five-year FTSE 100 and RPI Combination Plan 6, which…
US Wrap: Reverse convertibles strike back on February’s busiest day
The US market had its busiest day of the month yesterday, waking up a moribund week. The 30-product flurry consisted of 25 Barclays-issued reverse convertible notes.
A supervisor for Europe?
Editor's blog
A capital offence
In believing that healthy capital reserves would enable banks to weather the credit crisis, lawmakers and banking chiefs neglected one important fact, says Suresh Sankaran of Fiserv IPS-Sendero: that robust capital adequacy ratios do very little to keep…
The repo effect
The ability of banks to use securitisation deals as collateral for repo funding from central banks has resulted in larger deals with more esoteric assets. Laurence Neville looks at how this change is affecting the securitisation market as a whole
Headed for a fall
Annuities and deflation
Rife insurance
Markets
Islamic inroads
Cover story
Buy-side backlash
Trading costs
US regulatory overhaul inches closer
Editor's blog
Joe Lovrics
Quite what kind of structured credit market will emerge from the ashes of the financial crisis is a matter for intense debate. The head of structured credit sales at BNP Paribas gives his views on the drivers for the market's future
Fool's gold - How securitisation promised much ... but delivered little
The notion that securitisation as a technique is able to increase liquidity in the financial system by making marketable securities out of hitherto illiquid debt has been exposed as flawed, argues Anastasia Nesvetailova. It's not that financial…
Counting on the counterparty
High-profile banking failures have led to uncertainty over the ability of credit derivatives counterparties to honour their side of the trade. Contingent credit default swaps, or CCDS, are designed to mitigate this risk. But will plans for a central…
Zu Hilfe!
Bailouts
Mese pazzo
Turbolenza dei mercati