Continental Airlines
Enthusiasm for hedging wanes among US airlines
Low volatility and industry consolidation reduce need to hedge
US Wrap: Airlines are choice underlying for reverse convertibles
Non-US airlines profit from low-flying dollar
The weak dollar is giving airlines outside the US some relief from the impact of high fuel costs, according to their latest financial results, reports Risk’s sister publication, FXWeek .
Equity rally prompts tightening of financial spreads
The upswing in equity prices in the second half of the week has prompted a contraction in credit default swap spreads for European banks and insurance companies. But German names, including HVB, were still trading at wider levels for subordinate…
Washington Mutual hires Amex CRO
Washington Mutual, the Seattle-based retail bank, has hired Steve Lobo as the company's senior vice-president and treasurer. Lobo, previously the risk watchdog at American Express, will be responsible for enterprise-wide treasury management functions,…