Counterparty credit risk
Experts examine US power clearing and netting needs
As the US Congress moves to boost derivatives clearing requirements, an industry panel has called for regulators to investigate a move towards clearing and netting across US power markets and to clarify the legal uncertainty in the area
Industry urged to stop fighting Basel III and negotiate transition period
Banks should focus on the timeline for implementation and stop resisting the Basel reform package itself, say regulators
Contagion fears drive volatility
The takeover of a Spanish savings bank last month and rumours of funding difficulties at the country's financial institutions spook investors
Risk institutional investor rankings 2010
The resurgence of market volatility and growing regulatory uncertainty have made the past 12 months challenging for investors. In this difficult environment, respondents to Risk’s institutional investor survey voted JP Morgan the top provider of…
When market and credit risk collide
The financial crisis highlighted that interactions between market risk and credit risk could expose banks to greater risks than had been assumed. Banks are responding by altering their structure and the models they use – but it is by no means an easy…
Slow ahead for euro rates business
Investors have grown increasingly worried about exposures to eurozone sovereigns given the problems faced by Greece and others. Christophe Mianné, head of global markets at SG CIB, warns the second quarter will prove to be tough for the European rates…
Moody’s widens op risk definition for securitisation
Ratings agency breaks down boundaries of counterparty, credit and liquidity risk
Korean risk premiums exceed Thailand, ‘raised long term'
Tensions on the Korean peninsula mean CDS prices are likely to stay high for some time, analysts say
US investors still sensitive to counterparty risk
Counterparty risk remains a dominant theme for US investors, who are keen to analyse issuer credit ratings and credit default swap levels before buying a structured product. Richard Jory asks senior US industry figures how attitudes to counterparty…
Sovereign CDSs cause systemic concern
Increased protection selling on sovereigns raises fears about systemic risk
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at energy credit.
China readies for launch of onshore CDS
Financial risk management tools seen as essential for Chinese bank development
New approaches to energy credit risk management
The aftermath of the financial crisis led to some innovative approaches to tackling energy credit risk. Pauline McCallion looks at developments and asks whether proposed US and European regulation will help or hinder innovation in this space
Interview: Darrell Duffie on credit risk modelling
Stanford University’s credit risk expert, Darrell Duffie, talks with Katie Holliday about changes in the modelling of credit risk within energy markets since the financial crisis
Sponsored feature: BNY Mellon – focusing clients on their core activities
Never has the need for efficient management around over-the-counter derivatives business been more crucial, or such a focus, as it is today. BNY Mellon discusses how, with its collateral management services, it has helped clients achieve greater…
Basel III: kill or be killed
The Basel Committee is trying to prevent a repeat of the financial crisis with a package of new rules, but banks argue the cure could be worse than the disease. After spending the past two months filling out spreadsheets on the impact of the proposals,…
Confusion over CVA
Dealers are becoming more disciplined in pricing credit – a lesson learned the hard way after the collapse of Lehman Brothers. However, banks are taking a variety of approaches, and some participants believe certain firms are habitually underpricing…
Waiting for CCP standards
Proposed standards for central counterparties clearing over-the-counter derivatives will be published in May, tackling contentious issues such as governance, margin practices and default management. Dealers are anxious to ensure the standards are…
Cat bonds return
The market for catastrophe bonds dried up in 2008 and early 2009 as the financial crisis took its toll. Confidence is returning, helped by wide spreads and a re-think about the assets used to collateralise catastrophe bonds, but issuance has yet to…
State benefits for RBS
Jezri Mohideen, head of rates trading for Europe, the Middle East and Africa at RBS, talks to Alexander Campbell
LCH.Clearnet CEO calls rival 'reckless' as Fannie, Freddie clearing battle heats up
Politicians love the idea of central clearing, but with competition for this new business increasing, so are concerns some venues might not be robust enough.