Structured products
Lighting the fuse
China
The missing piece
Thailand
Surviving the downturn
Comment
Rallying cry for Italy
Italian banks are racing to catch up with their largest US and European competitors in risk modelling. Inspired by Mauro Maccarinelli, IntesaBci is leading the pack.
ABN’s Mulder calls for faster op risk implementation
Bankers were urged to accelerate implementation of operational risk management practices to better serve their institutions ahead of Basel II by Herman Mulder, senior executive vice-president for group risk management at Dutch bank ABN Amro, during a…
FSA chairman voices CDO concerns
The Financial Services Authority (FSA), the UK's principal regulator, is concerned that the rapid growth of credit risk transfers between banks and insurers/ reinsurers could affect financial stability.
Renewed FX interest by funds offers prime brokerage fillip
The return of funds to trading forex has prompted a boom in the provision of prime brokerage services. Banks such as Bank of America are hiring more staff to cope with the increased demand, while others, like UBS Warburg, are building online prime…
Synthetics up on back of credit derivatives growth
Increased familiarity with credit derivatives is leading to a greater appetite for synthetic securitisation, according to the two main ratings agencies, Standard & Poor's (S&P) and Moody's.
Enron exposure hurts JP Morgan credit position
Rating agency Standard & Poor’s (S&P) has placed JP Morgan Chase on negative ratings outlook following the financial institution’s unveiling of a $322 million loss in fourth-quarter 2001, in part caused by its exposure to failed US energy company Enron.
Asian securitisation market hits post-crisis record
The Asian securitisation market has registered its most successful year since the Asian financial crisis, with cross-border issuance totalling $2.74 billion in 2001, according to international rating agency Moody’s. This growth is set to continue, with…
A work in progress
As the NACUBO prepares the results of its 2001 survey, preliminary results show endowments have had a rough year
Boom or bust?
In volatile markets, technology must enable managers to navigate these difficult conditions. Can the current systems feed the market?
Traders confused over mixed signals on yen policy
Traders are having problems second-guessing the Japanese government’s policy on the yen, after the currency's firming to ¥132.38 against the dollar yesterday. This followed the yen hitting a three-year low of ¥133.70 the day before.
UBS in bid to tap retail interest in equity-linked note
UBS Warburg, the investment banking unit of Switzerland's UBS, is negotiating with Hong Kong Exchanges and Clearing to list an equity-linked note released in Hong Kong in November. The move is an effort to generate retail investor interest in the…
US swap spread narrowing set to continue
US swap spreads narrowed during the year’s first week of trading. But despite anticipation that the Fed will soon discontinue cutting interest rates, spreads will continue to be tight over the next few months, according to economic research from JP…
Swiss Re signs up Longitude in weather push
Swiss Re signed up with New York-based risk management software firm Longitude today, to help its development of new weather risk management products.
Institutions in Australia and Asia open their doors to hedge funds
A combination of new regulations and a search for returns is opening up the Australasian market
Now, here's the badnews...
In anticipation of Jacob Schmidt's report 'Worst Performing Hedge Funds', Cate Rocchi looks at the market and who are the worst offenders
Understanding sovereign risk
Cate Rocchi discovers why Ashmore Investment is candid about the success of its Russian Debt Portfolio
Innovative CDOs set to lead the way in 2002
Innovatively structured collateralised debt obligations (CDOs) will spur the growth of structured finance products in 2002, according to a report by rating agency Standard & Poor’s (S&P).