Feature
"Deceptive and negligent": How the first CPDO got its AAA rating
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of an AAA rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
Dutch counsel confident of success as S&P faces new CPDO case
The fine handed out by an Australian court last year to ABN Amro and Standard & Poor’s was a rare success for post-crisis litigants in structured credit cases. The victors are hoping to repeat the trick in Europe – but what are their chances? Lukas…
CTAs are an inexpensive and effective tail hedge, says AHL
Momentous times
ESRB narrows its macro-prudential tools
The European Systemic Risk Board is about to announce a slimmed-down list of potential macro-prudential tools, but who has the power to use them is still the subject of debate. By Michael Watt
Macro-prudential supervision: the case against
The financial crisis could have been averted if regulators had been allowed to prick the credit bubble as it was inflating – or so claim advocates of macro-prudential supervision. But not everyone agrees. By Laurie Carver
Dodd-Frank will hit Asian banks onshore in the US
Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from…
Post-MF Global segregation reforms spark fierce debate
Searching for security
Deutsche Bank to lose commodities head
Silbert expected to depart Deutsche Bank; Constellation loses power trading head; Goldman appoints Asia-Pacific trading head; ex-Duet duo launch commodities fund; FSA regulator joins FOA
Brent challenges WTI despite questions about oil benchmark
Battle of the benchmarks
Growing popularity of renminbi heralds more structured products linked to the currency
The renminbi appreciation society
Credit Suisse sells ETF business to Blackrock as synthetic model falters
Synthetic meltdown
French transaction tax loophole could prompt tougher European regimes
A twist in the tale of the transaction tax
Asia looks to cloud computing
Asian markets look to the cloud
Moves to liberalise domestic derivatives in China
The derivatives door opens
Asia steel derivatives market struggling to compete with iron ore
Steeled for the fight
Coal derivatives activity rises in Europe and US despite differences
A tale of two continents
US certificates of deposit losing their shine in testing times for capital protection
Falling out of love with protection
