Energy market focuses on counterparty risk

Avoiding counterparty meltdown

Avoiding a counterparty risk meltdown

It often takes an unfortunate turn of events to remind firms how important vigilance can be. And when it comes to counterparty risk, that statement is particularly true. Energy firms have seen plenty of these – the bankruptcy of Houston-based behemoth Enron in 2001 was a seminal moment for the market and a stark reminder of the importance of counterparty risk management. However, the failure of investment bank Lehman Brothers in September 2008 has arguably carried much broader implications for

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

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