Foreign exchange
Talking point - Structured finance CDO downgrades
In October one rating agency downgraded over $10 billion in US structured finance CDOs. Against a backdrop of further negative rating actions, Credit sought reaction from market participants
MPs slam rating agencies over Northern Rock
Representatives from the three main rating agencies go before a House of Commons committee to answer for their supposed failings in warning investors of trouble at the embattled UK lender
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... Gavan Nolan, credit analyst at Markit Group in London, looks at credit indices
Column - Jonathan Laredo
Banks are feverishly trying to repair their wrecked balance sheets, and until they have the confidence to re-enter the market there will be an imbalance of buyers and sellers
The flight to quality
Global bond investors are seeking out the highest-rated sovereigns amid the liquidity freeze. But, while the investment-grade corporate markets stall, emerging market debt is proving remarkably resilient. By Daniel Andrews
Roundtable: Sounding out the buy side
With the markets still reeling from the liquidity crisis, Credit gathered together three luminaries from the buy side to discuss the effects of the summer slowdown and, more importantly, how things will pan out over the next few months
Gridlock in CDS confirmations
As if banks haven't got enough to worry about, new data from Markit Group shows that the amount of unconfirmed credit derivatives trades has increased sharply, to levels not seen for around two years. Simon Boughey reports
Deal of the month
Gazprom
Moody's rolls out RMBS data tool for Europe
The EMEA PDS tool gives users access to the same kind of deal information for European RMBS that the rating agency's own analysts use
Deal of the month
GMAC-RFC
US supervisors approve Basel II final rule
REGULATORY UPDATE
HSBC's Raptor to sink teeth into card fraud
COMPLIANCE TOOLS
FSA op risk thematic review finds room for improvement at BIA/TSA firms
REGULATORY UPDATE
The elixir of finance
Editor's Letter
Remapping the future
Inflation
Board games
Sponsored roundtable
Playing catch up
US Pensions
The power of the trustee on the mergers and acquisitions battlefield
Sponsored roundtable
Plight of the fortune tellers
Book review
Of capital concern
European Insurance