Credit risk
CDS: No let up for US banks as widening continues
Credit default swap 5-year mid-levels for structured products issuers (Tuesday March 3)
Isda to publish auction settlement supplement, launches close-out protocol
The International Swaps and Derivatives Association will publish its auction settlement supplement and open the Protocol on March 12.
AIG dismantled risk controls on CDS portfolio, says Greenberg
American International Group Financial Products (AIGFP) dismantled existing risk management controls around its credit default swap (CDS) portfolio following the ousting of Hank Greenberg, the former chief executive has alleged in a new lawsuit.
CDS: Bank of America widens by more than 5%, other US banks stable
Credit default swap 5-year mid-levels for structured products issuers (Friday February 27)
CDS: US banks gap out, led by Citi
Credit default swap 5-year mid-levels for structured products issuers (Monday March 2)
Lehman likely to recoup value of derivatives trades
Counterparties to derivatives trades with Lehman Brothers that are currently in-the-money for the bankrupt estate will not be able to hold off payment indefinitely, predict lawyers.
Swap shop
The International Swaps and Derivatives Association, under its chief executive Bob Pickel (right), is the trade body for dealers of, amongst other things, credit derivatives. As such, Pickel and his members are at the centre of a storm raging around the…
Dealers and regulators: Who will blink first?
High noon for CDS Clearing
What to do with the toxic debt
The issue of how to tackle the vast quantities of impaired assets lingering on banks' balance sheets has given rise to several possible solutions, chief among which is the notion of a 'bad bank'. Credit asks five market participants how such a scheme…
'Big bang' protocol provides wake-up call for CDS market over credit event settlement
A new scheme for adjudicating on credit event auctions, consisting of a centralised committee, will replace the old system of ad hoc decision-making
A creditable spread
Credit
A time for special FX
Dealers are beginning to think a lot more seriously about credit-adjusting the prices they quote on foreign exchange derivatives. How are they calculating this, and how are clients responding to the move? By John Ferry
Dead in the water?
Basel II
Offshore lenders face Chinese property developer debt headache
Creditors of property companies worried over repayments
Collateral damage
Securities lending
Revolvers misfiring?
Funding risks
Sovereign underpinning
Mortgage funding
Where rocky horror assets go
With injections of government capital seemingly having little effect on restoring confidence in ailing banks, thoughts have once again turned to quarantining distressed assets. Rob Davies examines the options available to policy-makers
CDS: US and European banks continue to tighten
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 26)
CDS: Banks tighten after midweek blow out
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 24 & Wednesday 25)