Structured products news and analysis articles - Risk.net

Basel Committee

Global banking community poised and ready for QIS 3 op risk results

BASEL, SWITZERLAND – Bankers are eagerly awaiting the results on operational risk from the third Quantitative Impact Study (QIS3).

04 Feb 2003

Credit markets

MBIA reports $82 million unrealised loss mainly due to synthetic CDOs

New York-based monoline insurer MBIA said the largest negative impact on its income during 2002 arose from its synthetic collateralized debt obligation (CDO) investments. The majority of its total mark-to-market unrealised loss of $82 million was…

04 Feb 2003

Regulation

Germany’s DZ Bank takes €100 million-plus swaps hit

DZ Bank, the largest central co-operative bank in Germany, has made significant trading losses from its zero-coupon interest rate swaps positions.

04 Feb 2003

Structured products

Merrill touts restructuring strategy

US investment bank Merrill Lynch is advising investors to 'buy restructuring' as part of their credit portfolio strategy, according to a new report, 'Credit Derivatives Protection Strategies'.

04 Feb 2003

Structured products

Barclays merges FX/FI prime brokerage

Barclays Capital, the investment banking arm of the UK’s Barclays Bank, will complete the merger of its foreign exchange and fixed-income prime brokerage businesses by the end of March.

03 Feb 2003

Structured products

Shift in risk sentiment shores up Australian options market

A change in risk sentiment, coupled with major underlying spot moves in local currencies, is bringing extra foreign exchange options business to Australia, according to local dealers.