Structured products
Beyond Hong Kong
Profile
The latest issues
Convertible bonds
A rollercoaster ride
Comment
Banks look to synthetic CDOs
New Angles
QIS3 survey delay puts back Basle II accord to 2006
BASLE II UPDATE
Will the latest delay sink Basle II?
BASLE II UPDATE
Financial firms see need to upgrade systems
TECHNOLOGY NEWS
Losses and lawsuits
LOSS DATABASE
Banks see little to learn from AIB control failures
FRONT PAGE NEWS
Catch 22 for corporate liquidity
Companies facing relatively minor business difficulties are being shut out of the commercial paper market, forcing their treasurers to scramble for alternative financing to avoid insolvency. Is there any way to manage this liquidity risk?
Job moves
QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic loans'.
Servicing the e-industry
Investing in IT infrastructure development is essential in today’s often fractured environment of rival software languages and specific trading needs. Clive Davidson discovers what is on offer to bring these disparate elements together