Credit managers hope for new accounting blueprint

Rachel Wolcott
01 Feb 2005

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The creation of a liquid credit derivatives market revolutionised the way banks manage the credit risk in their loan books. Since the last economic downturn, they have become aggressive users of credit derivatives to selectively and actively hedge their loan portfolios to reduce corporate default risk. JP Morgan Chase, for example, now has a $132 billion wholesale loan book, hedged approximately 28% with a notional of $38 billion of credit derivatives positions.

Barclays Capital is another big

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]