Infrastructure
CDS and synthetic CDOs
3. Credit default swaps
Summer 2007: When the music stopped
8. Credit crisis
CDOs and the subprime mortgage market
7. Subprime mortgages
The future for CDOs: An end to complexity?
12. The outlook
Gold producer hedging drops to record lows
Gold hedging plunged by another 18% in the first quarter of 2008, shrinking the global delta-adjusted hedge positions to 22 million troy ounces (Moz).
Markit's Red now free to low-volume buy-side firms
London-based data provider Markit has created a free licence for the Markit Reference Entity Database (Red), aimed at smaller buy-side firms.
Back to basics: non-determinant deposits
Liquidity and Deposits
Buying power?
GSEs
Get a fix on floating-rate risk
Commercial Property
Nationwide's mortgage cut-back adds fuel to fears of market slump
Market commentators "surprised" as lenders look to cut back on risky mortgage offerings
A bright future?
Mexico
Returning heroes
GSEs
Credit crisis past its worst, claims Bank of England
Despite the optimism from the central bank's latest report, analysts believe it will still take some time before such confidence filters down into the mortgage-backed securities business
Back-up power fails as lights go out at Ice
The IntercontinentalExchange (Ice) is investigating the cause of a “fluke” power outage at one of its data hubs that interrupted commodities trading for three-and-a-half hours yesterday.
Fed expert to speak at OpRisk Asia
Daily news headlines
Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
Barclays unveils suite of income and growth plans
Barclays Wealth has launched a new suite of plans, offering a range of protected growth or income products with varying levels of protection. The Protected FTSE Plan offers 1.5 times any rise in the FTSE 100 index up to a maximum return of either 22.5%…
$2.2 billion loss as Fannie Mae mortgage purchases continue
Fannie Mae has posted a $2.2 billion loss for the first three months of 2008 as the government-sponsored entity continues to take a battering for its role in propping up the ailing US mortgage market.
Crude surpasses $123 as Democrats blame speculators
Crude oil closed at a new record high of $123.53 a barrel on the New York Mercantile Exchange (Nymex).
Banks under pressure to change incentives
Banks are coming under increasing pressure from regulators, politicians and bank shareholders to review their pay and bonus structures to ensure traders are not incentivised to take excessive risks.