Credit risk
Weaving an integrated solution
A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…
Taking a new career track
CDO managers
A whole new ball game
Credit Risk
Higher or lower?
Credit Risk
Avoiding over-exposure
Credit Risk
The risk transfer shell game
Credit derivatives
Corporate focus on credit risk management
Sponsor’s statement
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…
Weaving an integrated solution
A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…
Branching out
Credit derivatives
DBS in new synthetic deal
New Angles
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…
The benefits of Enron
Many corporations are keeping a low profile when it comes to their derivatives use. But when the Enron-related witch-hunts are over, companies may find that insurers and shareholders now view corporate hedging as a fiduciary duty
Structured vehicle link to fund of funds to widen client base
CDOs have been restructured for the fund of hedge fund market
$7.3 billion in risk transferred in first index-linked synthetic CDO
JP Morgan Chase's groundbreaking index-linked synthetic collateralised debt obligation (CDO) transaction, dubbed Horizon, has transferred $7.3 billion in risk - making it one of the largest-ever synthetic CDOs. The bank had previously refused to disclose…
Credit Markets Update: Telecoms spreads continue widening
The cost of protection on European telecoms rose again today following the publication of a number of negative analyst reports. Traders at JP Morgan Chase in London quoted five-year credit default swaps (CDS) on France Telecom 20 basis points wider over…
Gaining an edge from Basel
The recent recommendations of the Basel Committee are set to usher in a period of upheaval for many participants in the banking sector. Standard & Poor’s Anthony Albert looks at how to gain a competitive advantage in credit risk management in the light…
Consolidation fever
Utilities
ABB: a mixed outlook
Hold
New solutions
Cover story
Gaining an edge from Basel
Sponsored article
Credit adaptation
Credit insurance