Banks plan to relaunch off-balance-sheet derivatives units

rocketlaunch2

After falling out of favour in the first phase of the crisis, derivatives product companies (DPCs) are set for a comeback, with six banks understood to be looking at launching new vehicles or revamping existing structures to cut their liquidity costs under the incoming Basel III framework.

Fitch Ratings and Standard & Poor's released proposals for new DPC rating methodologies earlier this year, after banks showed an interest - Fitch had withdrawn all DPC ratings in June 2011. Roger Merritt, a

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: