Credit risk
Green shoots
Conference Report: Spain
The name game
Counterparty Risk
The credit trap
Cover Story
Institutional solutions
Institutional Liability Management
A special situation?
Distressed debt
CDO managers hamstrung by market constraints, says Fitch
The ability of firms managing synthetic collateralised debt obligations (CDOs) has been “dramatically reduced” because of deal constraints, spread widening and market illiquidity, according to London and New York-based credit ratings agency, Fitch…
Accelerated ensemble Monte Carlo simulation
Traditional vanilla methods of Monte Carlo simulation can be extremely time-consuming if accurate estimation of the loss distribution is required. Kevin Thompson and Alistair McLeod show that the ensemble Monte Carlo method, introduced here,…
Protect and survive
Various initiatives are under way to encourage greater use of collateral and improve portfolio reconciliation. What are banks and technology vendors doing to meet industry targets? By Ryan Davidson
CDS: US banks narrow while European financials widen
Credit default swap 5-year mid-levels for structured products issuers (Tuesday March 31)
CDS: Spreads widen with BofA trading over 400bp, Citi over 600bp
Credit default swap 5-year mid-levels for structured products issuers (Monday March 30)
CDS: US banks continue to widen
Credit default swap 5-year mid-levels for structured products issuers (Friday March 27)
CDS: Spreads on US financials widen
Credit default swap 5-year mid-levels for structured products issuers (Thursday March 26)
CDS: European banks widen
Credit default swap 5-year mid-levels for structured products issuers (Wednesday March 25)
Banks suffer from stricter ratings criteria
Banks may be the latest victims of a continuing drive by rating agencies to impose harsher tests on highly-rated structured finance products, analysts said.
Geithner: US will "force all standardised OTC derivatives into central clearing"
The US Treasury will seek to fully regulate over-the-counter derivatives, secure the registration of large hedge funds with federal authorities and push ahead with plans to create a new systemic super regulator, Treasury secretary Timothy Geithner has…
CDS: Spreads on banks stable, Stanchart moves below 300bp
Credit default swap 5-year mid-levels for structured products issuers (Tuesday March 24)
CDS: Banks narrow after US treasury reveals public-private programme
Credit default swap 5-year mid-levels for structured products issuers (Monday March 23)
Lyxor limits counterparty risk of ETN
Société Générale's Lyxor Asset Management unit is marketing a new exchange-traded note (ETN) that follows the price of gold, which it says will significantly reduce the problem of counterparty risk.
'Technical' factors drive banks back to profit
Major US and European banks are predicting profits for the first quarter of 2009 - but analysts caution that the apparent upturn has more to do with technical factors than a real recovery in performance.
CDS: Citi and BofA lead widening on US banks
Credit default swap 5-year mid-levels for structured products issuers (Friday March 20)
CDS: Spreads on US banks widen
Credit default swap 5-year mid-levels for structured products issuers (Wednesday March 18)
CDS: Spreads narrow on financials led by Credit Suisse
Credit default swap 5-year mid-levels for structured products issuers (Thursday March 19)