Foreign exchange
The A-IRB approach must be changed, says FDIC study
Risk-based capital requirements for banks under Basel II would fall below the levels needed for current prompt corrective action (PCA) purposes, according to a new study by the Federal Deposit Insurance Corporation (FDIC).
European corporate credit to remain fragile, says S&P
The creditworthiness of European companies and financial institutions is unlikely to recover significantly next year, rating agency Standard & Poor’s (S&P) said today.
Flexible bonds
New frontiers
Technology news
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US Senate rejects energyderivatives legislation
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Shell, Total sign Saudi gas deal
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CRO appointments “sign of weakness” says study
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TVA will go bust, say academics
US academics say that the Tennessee Valley Authority would be close to bankruptcy if it were not for the promise of a government bailout, reports Paul Lyon
Bound by the rules
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Winter of content
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Back to basics
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Richard Rosen
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Nuclear renaissance
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Contract killing
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Open for business
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Bouncing back
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SG enters HK retail hedge fund market
SG is looking to dispel some of the myths surrounding the dangers of hedge funds with the launch of its first hedge fund product aimed at Hong Kong’s retail investors.
Australia a hotbed for CLN issuance
Credit-linked notes (CLN) issuance has soared in Australia this year, with the volume of rated notes exceeding A$1.2 billion ($881.3 million) year-to-date, compared with A$240 million in 2002, according to Mei Lee Da Silva, credit analyst in Standard and…
UK Treasury publishes paper on implementing EU CAD in the UK
The UK Treasury yesterday published a consultation paper on how the European Union's Capital Adequacy Directive (CAD) can be best implemented within the UK and the EU as a whole.
US regulators may change Basel II rules, says Ferguson
The Board of Governors of the Federal Reserve System still has options to change the Basel II rules to allow for national discretion, according to Federal Reserve Board vice-chairman Roger Ferguson. The bifurcated system of Basel II application in the US…
FSA chairman headed for showdown with US regulators
Callum McCarthy, the new chairman of the UK's Financial Services Authority, is to visit the US later this week to meet Roger Ferguson, vice-chairman of the Federal Reserve.
Credit derivatives innovations essential for health of credit market
Product structurers must continue to develop innovative credit derivatives products to keep people interested in credit, according to Bob Janjuah, ABN Amro's global head of credit strategy.
Credit derivatives innovations essential for health of credit market
Product structurers must continue to develop innovative credit derivatives products to keep people interested in credit, according to Bob Janjuah, ABN Amro’s global head of credit strategy.