Counterparty credit risk
Regulators and accumulators
Asian economies have suffered less from the global financial downturn than they did during the regional crisis of 1997. Risk levels are now lower, while the money that has been accumulated after more than 10 years of extraordinary wealth creation is back
The road to a quality Street
The Lehman Brothers bankruptcy was unprecedented in US structured products history and brought the burgeoning market to its knees. After capitalising on certificates of deposit, there are indications that investors may be recovering their poise. Richard…
Corporate statement: Listening and learning
After the seismic market shocks in 2008 and early 2009, structured products have remained widespread in the media focus. As summer holidays come to an end and schools reopen, we consider the lessons learned and what is on the curriculum for the year ahead
Market practices ‘back to basics’ after Lehman collapse, says study
Lehman’s fall has made cautious deal-makers focus on legal risk and risk analysis
Seeking simplicity
Almost a year after the collapse of Lehman Brothers, German retail investors are again becoming comfortable with products from US investment banks. This means that domestic players will need to fight hard to retain their increased market share as the…
Holding counterparty risk at arm’s length
Exchange-traded funds have been as exposed to talk of counterparty risk as the next structured product, although the risk is lower. Under the European Union's Undertakings for Collective Investment in Transferable Securities III regulations, ETFs are…
Net benefit
Meant to minimise counterparty risk, the idea of clearing for credit derivatives has been riddled with questions from the outset. But new research suggests the plans might actually increase counterparty exposures. Mark Pengelly investigates
Exchange proliferation
Regional commodity exchanges are expanding to secure more corporate hedging business and flows from speculators keen to exploit pricing anomalies at a time when volatility is high and bilateral counterparty risk is a major worry. Georgina Lee reports