Opinion
Market Graphic - Fed rate cuts
Stephen Gallagher, chief US economist at Societe Generale, looks at whether Fed rate cuts will succeed in calming the troubled waters of the US economy
Talking point - The end of the acronym?
Will investor appetite for complex financial products be restored, or are we returning to a more traditional marketplace? Credit asked five market participants for their views
Risk and the law
Editor's letter
Ein Anflug von Panik
Kommentar
What's wrong with the risk-based approach?
The risk-based approach to regulation is under fire. In the UK, the Northern Rock debacle could result in a reworking of the supervisory system, which is being criticised as too hands-off. Defenders of the system point out that a failure such as Northern…
Cutting the Gordian knot
Basel II remains wedded to incremental extensions to the market risk rules. It is time for a bolder approach in this area, argues David Rowe
Watching the watchers
Editor's letter
Editor's letter
Editorial
Talking point - The leveraged loan logjam
With the value of delayed leveraged loans nearing $400 billion, will sufficient liquidity return to the market to get these loans off the lending banks' balance sheets? Credit asks four experts
Legal Spotlight
Laws governing corporate insolvency and restructuring are failing to keep up with changes in the financial markets. Christopher Hall and Andrew Wilkinson argue that a programme of modernisation is needed
Market Graphic - Return-smoothing
Hedge funds that trade illiquid securities are more likely to smooth their returns, especially when the securities concerned are ABS or MBS, according to recent research
The contagion will spread
All eyes have been on the residential mortgage-backed sector but, as our new columnist points out, commercial real estate may be the next to provide some nasty surprises
Back to Basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... Mark Beeston, president of trade affirmation platform T-Zero, looks at novations
It's a cruel, cruel summer
This period of monetary tightening has ended with a pop - just like all the recent ones
Does Basel II add up?
Are there inconsistencies in the standardised and advanced measurement approaches of the Basel II regulatory framework? Andreas Jobst considers the evidence
Witteveen's legacy
Editor's Letter
Un accenno di panico
Commento
What's happening at JP Morgan Chase?
Recently, many have come forward to ask me what is going on within JP Morgan Chase's risk management division. Over the past year, a number of people have left the operational risk team, both at the corporate and business unit levels. Risk executives in…