Regulation/Economics
Talking Point - Risk repricing
Does the recent slump in bond issuance, combined with a slowdown in LBO financing, signal a period of indigestion or the beginning of a repricing of risk? (NB views received by August 17)
Now what for the credit market?
As confusion reigns in the global credit markets, we asked four top investment banks to put their cards on the table, and publish their medium-term outlooks. Report by Nikki Marmery
A question of timing
Features
No smoke without fire
Cover story
Ahead down under
Basel II
Rating agencies assess money markets
In two conference calls last week, Fitch Ratings and Moody’s sought to capture the effect of the commercial paper (CP) market's lack of liquidity on the wider banking outlook.
BIS quarterly report notes market sell-off and rebound
BIS discussed equity, debt market turn-around in report
Conference calling
This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights
Fears over LatAm consumer credit boom
A lending spree by Latin American banks has led to a massive rise in consumer debt. Banks are content to securitise these loans, but what happens when consumers start defaulting?
Pimco's emerging markets team
Defending gains
Russia wakes up to ABS
After years of being the 'next big thing', the Russian asset-backed securitisation market has finally arrived. Laurence Neville looks at the factors that have caused this sleeping giant to awaken
Better prospects
Russia offers better prospects for industry to develop and far more investment opportunities than is widely recognised, writes Pavel Ulianov of Russian metal giant Rusal
The Big Interview: Paul McCulley
Pimco's portfolio manager talks to Dalia Fahmy about chasing yield in an expensive asset class, and what he's expecting will trigger the next market downturn
Performance problems
Private Banking - Hedge funds
Peso power causes problems
Philippines
A yen for financing
Yen-denominated mortgages have proven an attractive source of low-cost housing funding over the past 10 years. David Rowe asks whether these products are an accident waiting to happen
Seesaw Supervision
Thailand
Bursting point: A deflating time for US housing market
The US housing market has come down to earth with a bump, but the landing has not been as hard as many investors had feared. There are even some positives to be gleaned from the recent strong performance of mortgage-backed securities and the success of…
Corporate credit: The final frontier for central banks
Central banks are showing more interest in corporate credit. With spreads at historically tight levels, these traditionally risk-averse investors are exploring further down the credit curve in search of returns. Matthew Attwood reports on the rise of the…
Ecuador president raises spectre of default
New socialist government drops hints that it may follow Argentina's lead and default on $10.4bn of sovereign debt - despite the nation's buoyant economic position
Software Survey 2007
Software survey 2007
