Credit markets
How secure are ratings?
Basel II
Breaking down
Correlation
Risk Australia Rankings 2008: A roller-coaster year
Market participants in Australia have faced a year of ups and downs in all asset classes. But a number of dealers - some facing problems of their own - have stood up to the task, with Deutsche Bank defending its position at the top of the pile
FGIC in MBIA reinsurance deal
Financial Guaranty Insurance Company (FGIC), the New York-based monoline insurer, has signed a reinsurance deal with MBIA, the Armonk, New York-based monoline. The deal, which sees MBIA reinsure $184 billion of municipal bonds, was overseen by the New…
Bank monoline exposures creep up in second quarter
Second-quarter results yielded further markdowns at major dealers due to the increasing counterparty risk posed by monoline insurers.
World Energy to host RGGI carbon allowance auction
US online exchange operator World Energy has signed a contract with RGGI Inc – an administrative subsidiary of the Regional Greenhouse Gas Initiative (RGGI) – to host its first auction for regional carbon dioxide (CO2) allowances.
MBIA results mask wider malaise
MBIA, the Armonk, New York-based monoline insurer, has reported net profits of $1.7 billion for the second quarter of 2008, compared with $211.8 million over the same period last year.
FSA suffers ratings blow as Ambac regroups
Standard & Poor's has announced a negative outlook for the AAA rating of Financial Security Assurance (FSA), the New York-based monoline insurance company that is part of the Dexia Group.
CRMPG calls for daily counterparty risk reports
Broker-dealers should monitor their institutional counterparty risk exposure on a daily basis, the latest report from the Counterparty Risk Management Policy Group (CRMPG) has recommended.
Complexity and hidden risk caused the crash, says BIS
The Bank for International Settlements (BIS) blames the credit crisis on a failure to understand the risks involved in complex credit risk transfer structures set up earlier this decade, in a report published this month.
Profile: Dow Chemical - Chemical reaction
Dow Chemical, the largest commercial consumer of energy in the US, is trying to formulate a response to soaring annual energy costs of $32 billion, while meeting environmental targets. Roderick Bruce examines the company's energy strategies
Crisis of faith
Regulatory News
Corporates burned
Cover story
An auspicious debut
Risk Korea conference
The blame game
Accounting