Lehman Brothers
Lamb discusses CME Clearing Europe's goals
A clear goal
Fannie Mae says FHFA's margin rules would drive up hedging costs
US mortgage giant says segregating variation margin will hurt FHFA- and FCA-regulated entities, and create new funding obligations for swap dealers
OECD calls for greater access to data and increased risk modelling for regulators
The OECD highlights a lack of access to data and a need for varying risk models for regulators and risk managers
UK structured products delivering impressive returns at maturity
Data from Structuredproductreview.com shows that products maturing over the past three months have performed extremely well overall, with the only losses arising from Lehman Brothers-backed plans
Citi reverses stance on Lehman notes offering $136m group repurchase settlement
Citi has become the final major bank to reach a repurchase agreement with Hong Kong regulators on Lehman Brothers related structured products. But Lehman-related enforcement action is expected to rumble on.
RBS expands CVA quant team
RBS adds former Barclays Capital and Lehman quant to help build firm-wide CVA model
Central clearing: safe as houses?
New regulations mandating the central clearing of OTC derivatives bring operational risks for central counterparties and increased exposure to systemic risk. In the second of a two-part series, ORR looks at the problems and opportunities for clearing…
Challenges ahead for access derivatives in Asian markets
Gateway to Asia
Selling volatility and correlation remains popular, but is it safe?
Making way for the money-spinner
Resolution regimes could cause bank CDS spreads to tighten
Credit analysts predict drop in credit default swap spreads under new bank resolution regimes
People
On the move
Tri-party repo reforms pose new challenges
Three's a crowd
Finra and Wall Street dismiss law firm's criticism of UBS case
Finra and Wall Street dismiss law firm's criticism of UBS case
HK Lehman minibond resolution may be approved despite bond-holder dissent
Despite objections submitted to the US bankruptcy court from the holders of Lehman Brothers minibonds, the latest resolution effort to reach settlement on the sale of credit-linked notes to retail investors in Hong Kong may still be approved, as the 75%…
SFC's Martin Wheatley helps to crack the structured products code
Cracking the code
The Lehman Brothers aftermath rolls on
The Lehman caseload
Artradis collapse a failure of judgement, not risk management, says co-founder Diggle
Artradis was one of Asia’s most successful hedge funds until it hit difficulties in 2009 and 2010 that resulted in losses of $700 million and culminated in its closure in late February. But the fund’s co-founder says error of judgement and a lack of…
StanChart to repurchase HK$1.48bn of Lehman ELNs; regulatory probe continues
Standard Chartered has reached a resolution with the SFC and HKMA to repurchase HK$1.48 billion of equity linked notes issued by Lehman Brothers but admitted no liability related to mis-selling the notes. Regulators said the bank should have performed…
LBHI administrators push for settlement of derivatives claims
Vexed by valuations
Lehman administrators win CLN case in Korea
Seoul District Court dismisses efforts by Korea Investment & Securities to claim payment from Lehman Brothers International related to the Korean company's purchase of credit-linked notes in November 2006.
Lehman shortcut could slash value of derivatives claims
Proposed derivatives settlement framework may knock billions of dollars off dealers’ derivatives claims against the bankrupt estate
UK Financial Ombudsman rules against Meteor as structured product complaints fall
UK Financial Ombudsman rules against Meteor as structured product complaints fall
CBRC’s Andrew Sheng talks about new era for policymaking
Theory failure