Foreign exchange
Credit market ricochet
The run-up to the March roll of the iTraxx and Dow Jones CDX indexes saw an intense burst of trading activity as spreads widened sharply. Popular index trading strategies fell by the wayside, while new players such as CPDOs entered the market. How did…
A yen for financing
Yen-denominated mortgages have proven an attractive source of low-cost housing funding over the past 10 years. David Rowe asks whether these products are an accident waiting to happen
Broken joints
Rating Agencies
A flawed structure
US mortgages
Back on track
Editor's letter
Credit Suisse forms new equity products group
Credit Suisse has formed a London-based equity derivatives product management group with Stephane Diederich appointed as head, effective from this week. Diederich will report to Simon Yates, head of global equity derivatives and co-head of European…
Lehman and Pioneer complete managed CPDO
Lehman Brothers, with Dublin-based asset manager Pioneer Investments, has closed its first managed constant proportion debt obligation (CPDO), called Ulisse Capital.
London & Capital creates structured products division
UK investment adviser and fund management company London & Capital has established a new structured products division.
SEPA – EU opens doors to cross-border payments
EU approves final draft of the Payments Services Directive
Permal launches India fund
Permal Group, one of the largest fund-of-hedge-funds organisations in the world, has launched Permal India Holdings, a multi-manager, multi-strategy India-focused fund.
Barclays deposit offers access across asset classes
The UK's Barclays today launched a new deposit product designed to offer investors exposure to global equities as well as hedge funds and European real estate. Access to the deposit is via offshore life bond providers.
Wachovia hires two MDs in New York
Wachovia Securities has hired Kevin Klenke and Scott Cohen as managing directors in its equity division based in New York.
Japan-EU meeting to discuss financial issues
JFSA briefs EC on Basel II implementation process
Fed chairman says Basel II NPR deadline will be met
Ben Bernanke tells Senator Shelby Basel II NPR deadline will be met
FSA out with Mifid perimeter guidance
FSA issued more Mifid guidance for beleaguered firms
Deutsche Bank unveils currency index
Deutsche Bank has launched a new currency index that it hopes will allow passive investors to profit from trends in the foreign exchange markets.
Moody's: halo for new EU entrants set to fade
European Union (EU) member countries with low credit ratings, such as Romania and Bulgaria, will continue to benefit disproportionately from the EU halo effect, according to a report by Moody’s Investors Service.