Structured products
A role reversal
Credit risk
Key Basel II package expected tomorrow
BASEL – Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
Key Basel II package expected tomorrow
Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
Basis trade opportunities created by volatile credit market
The upswing in credit market volatility in the past three months has led to an increased dislocation between cash bonds and credit default swaps, with investors profiting from basis trading opportunities.
UK expects EU countries to reopen Basel II arguments
LONDON – UK regulators expect that other European Union (EU) countries will try to reopen Basel II bank accord discussions within the EU framework, a senior UK supervisor said yesterday.
Insurers enter the credit derivatives restructuring debate
A group of insurance companies active in the credit derivatives market has submitted a letter to the International Swaps and Derivatives Association suggesting language changes to the trade association’s restructuring definitions.
Regulator urges UK banks to look hard at EU capital proposals
LONDON – UK banks should look hard at a draft text of European Union (EU) capital rules that the European Commission plans to issue around the end of October, the UK’s senior financial regulator said today.
Swiss Re expects cat bond deluge
Swiss Re, one of the world's top three reinsurance companies, plans to issue 50% to 100% more insurance-linked securities over the next year, in line with an expected rise in total industry issuance, said Swiss Re chief economist for North America, Kurt…
Mizuho to launch ¥1.27 trillion CuBic One synthetic CLO
Mizuho Corporate Bank, a unit of Japan's Mizuho Holdings, is launching a ¥1.27 trillion ($10.4 billion) three-year synthetic balance sheet collateralised loan obligation (CLO), via special purpose vehicle CuBic One Limited. Mizuho International and…
Practitioner analysis: Reaping the advantages of Basel II
David Stone of Zions Bancorporation describes how the US bank plans to underpin its enterprise-wide risk management by implementing the Basel II accord’s advanced approaches to measuring operational risk.
JP Morgan says downgrade will impact derivatives business
JP Morgan Chase’s credit rating agency downgrades yesterday will affect its derivatives business, the bank told RiskNews at the end of the London trading day today.
Insurers enter the credit derivatives restructuring debate
A group of insurance companies active in the credit derivatives market has submitted a letter to the International Swaps and Derivatives Association suggesting language changes to the trade association’s restructuring definitions. The insurers are…
JP Morgan default swaps hit as bank receives double-downgrade
The cost of credit protection on JP Morgan Chase debt has surged more than 25 basis points following a profit warning from the US investment bank and downgrades from rating agencies Fitch Ratings and Standard & Poor's.
Market manoeuvres
The Harmonic Grid shows marked differences between the S&P 500 and the Nasdaq 100
European debt market loses yet more leading players
Accounting fraud and financial scandals are draining investor confidence.
Shrinking asset swap market hits convertibles
Corporate scandals have had a negative impact on the convertible arbitrage sector
Aiming to keep risk to a bare minimum
The Bahamas-registered Hasenbichler GHS fund aims for lower volatility.
The ratings game
In part one of HFR's look at the benefits of CFOs, Standard & Poor's explains its criteria for fund of fund managers By Christopher Howley and Vivek Kapoor
Can fund databases be relied upon?
Hedge fund databases are in their infancy and this creates problems for users who are demanding up-to-date information.
Finding your way through the maze
New Star looks at the issues concerning the guaranteed products industry and examines some solutions being proposed by product providers.
Sweden strides towards a stricter hedge fund regulation regime
A government committee has been reviewing Swedish fund legislation and how the European Union's Ucits directives will be transported into Swedish law.
Reference published to aid new hedge fund managers
aima and goldman sachs produce alternatives reference manual