Gruesome accounting practices and a questionable cast: plenty of grounds to reject Mifid licence
Could Cyprus have spotted the warning signs before handing FTX the keys to European customers?
Clients included Citi, State Street and Vanguard
Collapse of hedge fund Three Arrows Capital exposes “sloppy and irresponsible” credit standards among crypto lenders
Banks entice new users with hedges related to IPOs and bankruptcy procedures
This study continues the author’s examination and forecasts as to the impact of Covid-19 on the US credit cycle after one and a half years since the pandemic first began.
Hedging strategies were powerless to protect firms from runaway energy price rises
Central bank reportedly behind name change as derivatives rise up political agenda
Also: Retro Russian embezzlement fines; Barclays slapped for lack of forbearance. Data by ORX News
The authors investigate the financial structure of Jet Airways, with the aim of understanding whether financial turbulence for an airline company can constitute an antecedent for predicting the risk of bankruptcy.
Lawyers warn proposal could invalidate close-out netting and expose members to higher risks
As swaps leverage shrinks, bankruptcy stay rules are not guaranteed to reduce systemic risk, says economist
Credit conditions were worsening before Covid, research finds
State backing for domestic companies is hard to gauge, as new investors are discovering
The Covid‑19 pandemic – and the subsequent extreme volatility – has exposed the fragility of long-established market and supply chain systems, affecting borrowers’ ability to repay debt. David Croen, global head of credit risk products at Bloomberg,…
This study compares the gradient-boosting model with four other well-known classifiers, namely, a classification and regression tree (CART), logistic regression (LR), multivariate adaptive regression splines (MARS) and a random forest (RF).
Former Fed chair Yellen calls for reform after failure to curb corporate leverage ahead of Covid-19
Coronavirus could delay things, but authorities are taking small steps on a thorny issue
In this paper, the rules of selected major CCPs (LCH, CME, Eurex and ICE) are reviewed for both their end-of-waterfall procedures and the rights granted to clearing members in end-of-waterfall scenarios.
Four big banks reported fewer wind-up entities in 2019 resolution plans compared with 2017
Come July 1, asset managers will be unable to dump derivatives as a G-Sib is unwound. Lawyers are standing by
A fifty-year retrospective on credit risk models, the Altman Z-score family of models and their applications to financial markets and managerial strategies
This paper reflects upon the evolution of the Altman family of bankruptcy prediction models, as well as their extensions and multiple applications in financial markets and managerial decision making.
New merged body will draft netting rules, with signoff from central bank, sources say
Comment period on single-name CDSs is covert attempt at rulemaking, regulator says