International Swaps and Derivatives Association (Isda)
Credit concerns grow as Chinese companies shun new documentation
Credit concerns grow as Chinese companies shun new documentation
Out of wedlock
Western dealers and their Chinese counterparts have fundamentally different views on how the use of collateral agreements should underpin repurchase agreements and financial derivatives transactions. This culture clash is causing acute problems for China…
Battle formations
Major Chinese entities and international banks are steeling themselves for a protracted battle on multiple fronts related to the use of over-the-counter derivatives. The confrontation is killing business and preventing some Chinese entities from hedging…