Santander
"Worst trade of all time" pits Santander against Portuguese client
Interest rate swap with €79 million notional is nearly half a billion euros underwater
Brazil onshore structured note issuance expected to hit $500m per month
Brazil's onshore market for structured products opened with healthy issuance volumes in January, and bankers are hoping for turnover equivalent to $500 million every month
Santander strategic review halts Cater Allen structured product issuance
Santander's UK private banking arm Cater Allen has ceased issuing structured products while a review takes place
Risk Espana rankings 2013
Spanish fiesta turns cold
Full capital protection for Cater Allen's structured products
Catering to the cautious
Downgraded banks struggle to find replacement swap counterparties on ABS deals
A number of downgraded banks are required to find swap counterparty replacements for over 300 structured finance transactions – but this is proving difficult, with few candidates willing or able to step in
Investec launches commission-free FTSE 100 plans
Commission-free kickout
Basel III blamed for aircraft financing drought
Aircraft industry struggling to obtain long-term financing – and some industry officials say Basel III is at least partly to blame
Basel III takes a bite out of aircraft and shipping finance
On the scrapheap
Amundi makes its debut in Spain with the launch of five ETFs
Amundi ETF has launched five ETFs in Spain, marking its entry into an ETF market that providers believe has growth potential despite being relatively undeveloped
Risk Espana rankings 2012
Light at the end of the tunnel
Risk Annual Summit: Bank deleveraging 'might not be cyclical'
Aircraft, shipping and project finance all set to lose out as banks seek to constrain capital consumption, panellists warn
Financial market shake-up in Spain triggers changes in retail structured product wrappers
Fiscal and regulatory reforms announced by the new Spanish government have led market participants to rethink wrappers and product maturities, with growth and fund-linked products likely to benefit
Greek bailout deal fails to dent CDS spreads
Sovereign spreads flat or wider despite agreement on fresh bailout for Greece
CDS market holds breath as Greek bail-out talks continue
Spreads are static and volumes light as EU finance ministers and the Greek government try to reach agreement over bail-out terms
Little seasonal cheer for bank CDS spreads
Europe's big banks have endured a rocky month of ratings downgrades, eurozone discord and funding stress
Review of 2011: collateral, capital and chaos
Collateral, capital and chaos
Germany downgrade threat sees eurozone CDSs widen
Eurozone CDS spreads were back on the rise today after Standard & Poor's warned it could downgrade 15 eurozone member states, including Germany
Eurozone CDS spreads fall on French-German fiscal deal
Risk perceptions in the eurozone fell today as France and Germany agreed new treaty plans that will sanction fiscally irresponsible member states
German CDS spreads level out after weak debt auction spooks markets
Cost of insuring against a German government default remains stable after yesterday’s lacklustre debt auction, but risk perceptions on German banks surge
CDS spreads in holding pattern as row delays eurozone deal
Spreads flat or slightly tighter despite political squabbling over size of EFSF
EBA stress test: Santander’s sovereign swaps exposure not disclosed
Banco de España chose not to report Santander’s sovereign derivatives exposure to the EBA because it was 'not material'