Foreign exchange
Has Asia got the appetite for local currency CDS?
The development of a robust local currency credit default swap market in Asia has come a step closer following the first public won-denominated CDS trade in Korea late last year. Alice Hales looks at whether the ingredients are there for such a market to…
Moody's backtracks on bank upgrades
The under-fire rating agency announces revisions to its 'joint default analysis' methodology intended to moderate assumptions of government support for certain financial institutions
The race to launch credit futures
Eurex, the Chicago Mercantile Exchange and the Chicago Board Options Exchange are locked in a struggle for market share of the new credit futures market. But are investors really sold on the new instruments? Matthew Attwood finds out
Calyon sues Mizuho over CDO team lift-out
The French bank files a lawsuit in a Manhattan court alleging that an "illicit scheme" resulted in 11 of its cash CDO team departing en masse to Mizuho
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
John Holman
The head of fixed income at the New York Stock Exchange talks to Dalia Fahmy about the exchange's new bond platform, set for launch on April 23
Subprime: the burning issue for CDO investors
As the outlook for the US mortgages sector goes from bad to worse, which CDOs, investors, and dealers will be left holding a hot potato? Matthew Attwood finds out
Contrarians at the Gate
Why the doomsayers are wrong about the likelihood of imminent market shocks
DBRS breaks Europe
Breaking Europe
Emerging markets open up to hybrids
Borrowers from markets such as Russia, Hungary and Mexico have finally cottoned on to the benefits of issuing hybrid debt - and the trend is not just limited to financial institutions. Laurence Neville reports
Has credit reached a tipping point?
Talking point
Q&A: Sean Flannery
The chief investment officer for the Americas at State Street Global Advisors in New York discusses the opportunities offered by decomposition of risk as a result of the growth of the credit derivatives market
Basel II uncertainties remain
NEWS IN BRIEF
FSA proposes new Training book
NEWS IN BRIEF
The road to diversity
Nordic risk - Inflation