Credit risk
Sean Kavanagh leaves Deutsche Bank for Citi
Loan risk manager takes newly created job as head of credit portfolio management at Citi
Cutting Edge introduction: the DVA debate
The DVA debate
Getting CVA up and running
Getting CVA up and running
Asia Risk Congress 2011: CCP users need tactical collateral planning due to Basel III capital squeeze
The increasing need for liquid, high grade assets under Basel III capital requirements will likely squeeze liquidity in the types of eligible collateral required by central counterparty (CCP) clearings, meaning end-users of CCPs need to tactically plan…
Foreign regulators leave US isolated on uncleared margin rules
Follow the leader?
Standard CSA: Industry's solution to novation bottleneck gets nearer
New CSA, new challenge
RBI’s revised securitisation guidelines could ‘kill’ Indian market
The latest Reserve Bank of India revised draft guidelines for securitised transactions released late September have drawn criticism from market participants for being far too restrictive, with one lawyer saying the rules in their current form would …
Margin models converge as CCPs battle for dealer support
Dealers say they won’t join clearing houses that are not robust – and have already blackballed one central counterparty. As a result, the initial margin methodologies employed by the big rates clearers have begun to converge. Matt Cameron reports
Corporates fear CVA charge will make hedging too expensive
Crunch time for corporates
Profile: Daniel Gros on political risk and Europe's debt crisis
Time for a European Monetary Fund
South African banks grumble over credit pricing discrepancies
To charge, or not to charge?
Insurers could withstand Greek and Italian default, says Fitch Ratings
Insurers could withstand Greek and Italian default, says Fitch Ratings
Isda to review close-out value definitions
Absence of a standard approach is stifling attempts to value termination clauses, dealers complain
CPM functions go back to basics
Old-school value
Foreign regulators leave US isolated on uncleared margin rules
The extraterritorial application of US uncleared margin proposals will make it tough for US banks to compete with their foreign counterparts unless the proposals are copied by regulators elsewhere
CVA's cousin: Dealers try to value early termination clauses
Adjustment anxiety
Standard CSA: Industry's solution to novation bottleneck gets nearer
New CSA, new challenge
CVA hedging: a false sense of security
Quo vadis, CVA?
New standard CSA could be rolled out in Q2 2012
An implementation plan for the new standard CSA is set to be reviewed by the Isda board in September, with a first-phase roll-out expected as early as the second quarter of 2012
The push to a new CSA standard
Disputes over the valuation of trades backed by multi-currency credit support annex (CSA) agreements – in other words, those that allow counterparties to post collateral in multiple currencies and assets – has pushed the industry to develop a new…
How the link between credit and economic growth has broken: Joseph Mason column
After the financial crisis of 2008–9, authorities needed to 'rehabilitate' corporate debtors to improve their creditworthiness. Why have they failed?
Basel III charge could spur interest in CCDS
Development of CCDS could be pushed ahead by Basel III CVA charge, suggest market participants
Irish debt office agrees to collateralise derivatives
The NTMA follows Portugal's debt office in adopting two-way collateralisation - but unlike Portugal it appears it will have to post cash