News
S&P admits that GM bankruptcy is no longer 'far-fetched'
Continued uncertainty over the sale of GMAC has exacerbated negative sentiment surrounding the automaker
Deutsche sells US asset management business
The German bank signs a £265m deal with UK firm Aberdeen Asset Management
Isda docs to spur CDS of ABS growth
S&P reckons standardisation of Isda documentation will attract investors
ABS to continue rapid ascent
European asset-backed securitisation volumes for 2005 are estimated to surpass 2004's figures by 10-15%
Pension fund hedging drives inflation market volatility
Outsized inflation swap trades by pension funds may be causing imbalances in what is a relatively thin market
iTraxx and RBS launch sterling CDS index
The 75-name index is made up of the most liquid sterling bond issuers
Idiosyncratic risk threat to credit derivatives
But the general outlook for credit remains "benign", according to Deutsche Bank