Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Simple structures
An increase in risk premiums on sovereign debt is giving banks a headache in pricing certain credit-related structured products. Investor appetite for such deals is in evidence, but mainly for simple, unleveraged products. Sophia Morrell reports
Market graphic - Derivatives usage amongst the Fortune Global 500
A recent survey by Isda reveals that 20% of the world's 500 largest companies are users of credit derivatives, against 94% across all derivatives classes
Banks await verdict from capital adequacy tests
US authorities prepare to release results of a series of stress tests conducted on 19 financial institutions to ascertain whether any are in need of immediate capital assistance
Back to basics
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... Susan Hinko of TriOptima explains multilateral terminations
Column: Paul Taylor
Ratings downgrades reflect a decline in creditworthiness, not an admission that the ratings were wrong in the first place. But that doesn't mean the rating process can't be improved. Paul Taylor
Danny Davis
Mishcon de Reya's insolvency expert talks about the need for companies to learn to rely less on external funding, and why a UK-style Chapter 11 process isn't necessarily a good idea
Financial pricing for the 21st century
Putting a price on assets for which no active market exists is a process mired in complexity and no little controversy. But the pricing models of yesteryear are simply not up to the job. David Patrikarakos looks at the new generation of valuation models…
It's payback time
If you still wake up in a cold sweat, haunted by the memory of opening your 2008 bonus slip, you're not alone. Credit professionals across the board saw their bonuses slashed last year. But not all banks were forced to scale back their remuneration…
Buying in a flat market
Credit Suisse has launched buffered accelerated return equity securities linked to the S&P 500 index, in which participation can be as high as 500%, subject to a 20% maximum return in addition to principal
A downward spiral?
Markets
Structured Products Online
Web Stats
Product performance
Two products common to the UK market and one that is well-known in the US - all three with the same strike date - are the subject of this month's comparisons
Best exchange - New York Stock Exchange
Americas awards 2009
Column: John Wraith
The Bank of England has yet to reveal how it intends to wind down its quantitative easing programme of buying back gilts - assuming, of course, the policy achieves its aims
Legal Spotlight
CDS dealers are under pressure to come up with a market-led solution to the clearing conundrum before regulators force one on them. Peter Green and Jeremy Jennings-Mares report