Credit risk
The shock of the interaction
Banks have long talked about enterprise risk management, but many have historically measured risk types separately and aggregated the results. The financial crisis has highlighted that credit and market risk are closely linked. What are the challenges to…
The reality of risk-free
Warnings over the stability of the UK's AAA rating by Standard & Poor's in May have caused analysts to question whether other AAA rated sovereigns - including the US - are at risk of downgrades, given ballooning debt levels. What implications does this…
CDS: Spreads rally as investor confidence rises
Credit default swap 5-year mid-levels for structured products issuers (June 30)
New agreement on restructuring for European credit default swaps
European credit derivatives dealers have revised the details of a proposal to integrate restructuring as a credit event into the auction settlement process for credit default swaps (CDS), in preparation for the launch of the so-called ‘small bang'…
AIG warns of potential losses in CDS portfolio
AIG could be exposed to further losses on the super-senior credit default swap (CDS) portfolio held by its subsidiary AIG Financial Products (AIG FP) should credit markets continue to deteriorate, according to a filing the company made to the US…
CDS: Spreads tighten for second day
Credit default swap 5-year mid-levels for structured products issuers (June 29)
CDS: Spreads tighten; shrugs off UBS woes
Credit default swap 5-year mid-levels for structured products issuers (June 26)
CDS: Spreads narrow in a thin market
Credit default swap 5-year mid-levels for structured products issuers (June 25)
CDS: Spreads widen for second day
Credit default swap 5-year mid-levels for structured products issuers (June 23)
Risk Derivatives Summit : Transparency not a cure-all
Moves to increase transparency and simplicity in the derivatives market might have some benefit, but are certainly not the single remedy needed after the financial crisis, according to panellists at the Risk Derivatives Summit in London yesterday.
CDS: Widen on recession concerns
Credit default swap 5-year mid-levels for structured products issuers (June 22)
Risk Derivatives Summit : EC backs multiple CCPs
Multiple central counterparties for clearing derivatives trades might be less efficient, but stability concerns make a single counterparty too risky to allow, a European Commission (EC) specialist said today.
CDS: Spreads narrow ; market eyes economic data
Credit default swap 5-year mid-levels for structured products issuers (June 19)
CDS: Spreads rally for first time this week
Credit default swap 5-year mid-levels for structured products issuers (June 18)
Obama reform plans show no progress on OTC derivatives clearing
The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users yesterday by again failing to provide new details on how OTC markets with mandatory central clearing would operate.
CDS: Spreads widen again; S&P downgrades 22 US banks
Credit default swap 5-year mid-levels for structured products issuers (June 17)
Isda aims to improve collateral management processes
The International Swaps and Derivatives Association’s collateral committee has revealed a set of goals for improvements to collateral management processes.
CDS: Spreads widening trend continues
Credit default swap 5-year mid-levels for structured products issuers (June 16)
CDS: Spreads widen on credit quality fears
Credit default swap 5-year mid-levels for structured products issuers (June 15)
CDS: Spreads widen for second day
Credit default swap 5-year mid-levels for structured products issuers (June 12)
CDS: Spreads widen; eyeing Treasury yields
Credit default swap 5-year mid-levels for structured products issuers (June 10)
CDS: Spreads narrow on renewed risk appetite
Credit default swap 5-year mid-levels for structured products issuers (June 10)
CDS: Spreads narrow on improved sentiment
Credit default swap 5-year mid-levels for structured products issuers (June 9)
Industry opposes mandatory clearing
Compulsory central clearing is not a one-stop solution to the problems of the derivatives markets, and could end up crippling the industry, warned speakers at an industry event in London on Tuesday.