Market analysts consider impact of resolution regimes on CDS market

Resolution regimes rule, OK?

William Porter

“Look at what you could have won,” was the catchphrase for the UK’s darts-based gameshow, Bullseye, in the 1980s – traditionally heard while a car was unveiled in front of a glum contestant clutching a toaster. Senior bondholders in Lehman Brothers found out how that feels in April, when the US Federal Deposit Insurance Corporation (FDIC) told them they would have received 97 cents on the dollar if the bank had collapsed today, rather than the 21.4 cents they would receive under the terms of a

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

Credit risk & modelling – Special report 2021

This Risk special report provides an insight on the challenges facing banks in measuring and mitigating credit risk in the current environment, and the strategies they are deploying to adapt to a more stringent regulatory approach.

The wild world of credit models

The Covid-19 pandemic has induced a kind of schizophrenia in loan-loss models. When the pandemic hit, banks overprovisioned for credit losses on the assumption that the economy would head south. But when government stimulus packages put wads of cash in…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here