Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Hyman Minsky and the credit crisis: How much do regulators know about today's finance?
The credit markets experienced their very own 'Minsky moment' last summer, when great swathes of financial instruments imploded under the weight of their own debt. But should regulators have predicted this crisis and done something to prevent it? By…
Central banks pull together for second co-ordinated bailout
Banks launch another set of emergency auctions in reaction to ongoing liquidity pressures
Doubts that UK government kitemark scheme will fly
'Gold standard' plan for bonds gets mixed reception, with industry watchers divided over whether it gives the market much-needed direction or fails to offer any real assurances
Europe's mixed fortunes
Opinion
Liquidity at a premium
Opinion
Democrat proposals provide template for borrower bailout
Broad government support for troubled borrowers looks more likely in the wake of Fed action on Bear Stearns. Bills put forward by two leading US politicians point to what form it might take
Turning on tables
Basel II
More RMBS downgrades possible, warns Standard & Poor's
Rating agency simulations highlight that next 18 months could see ratings cuts and house prices fall
ECB repo facility 'may hinder securitisation market recovery'
Analysts warn that the European Central Bank's cheap funding is reducing banks' incentive to return to the public asset-backed securities market
Fannie Mae and Freddie Mac plan $200bn in mortgage purchases
US agencies ready to buy after housing regulator relaxes capital requirements
Credit tighter for certain
Opinion
Core value
First American CoreLogic is said to be close to finalising a deal with a rating agency to provide loan level data as part of industry efforts to improve transparency and standardise information. Han-Nee Tay talks to Walter Allen, senior vice-president of…
Deception and lies
Fraud
Valuing CDOs of ABSs
Charles Smithson and Neil Pearson discuss the valuation of collateralised debt obligations (CDOs), with a close look at CDOs of subprime residential mortage-backed securities
The right clients
A traditional approach to credit risk management is still the best, says Bill Lindsay of commercial property lender Eurohypo. Success depends on winning the best clients, he tells Rob Mannix
Suppliers fight for green
A shortage of green power in the US has left some states struggling to meet mandatory renewables supply targets. Long-term supply contracts could help producers build new plants, but utilities and competitive suppliers are feuding over who gets to sign…
Jerome Malka
Jerome Malka, managing director of SG's Orbeo, may have risen rapidly through the ranks, but he doesn't want to make a big deal of it, finds Andrew Holt
Germany's new dawn
For years a liquid, transparent and competitive gas market has failed to appear in Germany. Now there are signs of progress as dominant incumbents, pushed by domestic and international pressure, move slowly towards a market model, writes Roderick Bruce
EEX - An exchange of ideas
The European Energy Exchange is positioning itself as the key trading hub for Europe's energy and emissions markets. Roderick Bruce meets Tim Greenwood, head of UK operations at EEX, and Oliver Maibaum, sales and business development director, to discuss…