Foreign exchange
All dried up
Liquidity risk
Ratings figure
Monolines
Not so bullish
Spain
Cutting the Gordian knot
Basel II remains wedded to incremental extensions to the market risk rules. It is time for a bolder approach in this area, argues David Rowe
Marking to mayhem
Market ups and downs have produced a roller-coaster ride for mark-to-market valuations of structured credit. Funds have responded by suspending net asset value calculations, arguing it is impossible to fairly value assets held by them under present…
The value of a system
Collateral management
How to heal a paper cut
London-based hedge fund manager Solent Capital hit the headlines in August after its SIV-lite, Mainsail II, became a victim of the liquidity squeeze in the commercial paper market, and was forced to wind down. However, the manager is looking to take…
Watching the watchers
Editor's letter
Heightened hedging
Corporates
HSBC and SAS launch Raptor project
Daily news headlines
Crude price surges past $95
Crude oil futures closed at a new record high Wednesday, driven by U.S. crude inventories dropping to the lowest level in two years and a falling dollar following the Federal Reserve’s rate cut.
Tax benefits spare Deutsche Bank’s profit blushes
Deutsche Bank recorded net profits of €1.6 billion for the third quarter, an improvement of 31% on the same period last year, as a result of tax reforms and rebates.
Global firms face increased pressure to address potential risks
Daily news headlines
UBS warns of continuing subprime risk
UBS has suffered significant losses from writedowns on asset-backed and mortgage-backed securities, and warns it remains exposed to further problems in the US housing and mortgage market.
McCreevy says financial crisis best solved behind closed doors
Daily news headlines