Risk Awards 2008
Last year was the most volatile since 1998, with rising delinquencies in the US subprime mortgage market causing banks to rack up billions of dollars in losses. Risk recognises those institutions that weathered the storm, and continued to provide liquidity and structuring know-how to clients. By Nick Sawyer, Nicholas Dunbar, Jayne Jung, Wietske Blees, Radi Khasawneh, Mark Pengelly, Ryan Davidson, Duncan Wood, Clive Davidson, Mauro Cesa and Kaifeng Chen
This year's awards were among the most difficult Risk's editorial team have ever had to judge. Problems that started in the US subprime mortgage market swept across the credit market, causing mass downgrades in residential mortgage-backed securities and collateralised debt obligation (CDO) tranches, structured investment vehicles to blow up, and monoline insurers to stand on the brink of downgrades.
Investment banks racked up huge losses on subprime exposures and leveraged loan and CDO
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Awards
Life and pensions ALM system of the year: Conning
The long-term investment nature of the life insurance and pensions industries requires consistent and trusted risk management. Conning proved to be a standout vendor in this space and secured the Life and pensions ALM system of the year award at the Risk…
Joining the dots: banks leverage tech advancements for the future of regulatory reporting
The continued evolution of regulatory frameworks is creating mounting challenges for capital markets firms in achieving comprehensive and cost-effectiveawa compliance reporting. Regnology discusses how firms are starting to use a synthesis of emerging…
Markets Technology Awards 2024 winners' review
Vendors spy opportunity in demystifying and democratising – opening up markets and methods to new users
Derivatives house of the year: JP Morgan
Risk Awards 2024: Response to regional banking crisis went far beyond First Republic
Risk Awards 2024: The winners
JP Morgan wins derivatives house, lifetime award for El Karoui, Barclays wins rates
Best product for capital markets: Murex
Asia Risk Awards 2023
Technology vendor of the year: Murex
Asia Risk Awards 2023
Best structured products support system: Murex
Asia Risk Awards 2023