Central banks
Isda AGM: Trichet calls for more transparency
Greater transparency is needed in the credit derivatives market to allow risk managers to understand the size, distribution and concentration of risks accumulated by participants, according to Jean-Claude Trichet, president of the European Central Bank.
Isda AGM: Trichet calls for more transparency
Greater transparency is needed in the credit derivatives market to allow risk managers to understand the size, distribution and concentration of risks accumulated by participants, according to Jean-Claude Trichet, president of the European Central Bank.
Domestic banks continue to dominate Spanish market
The Spanish derivatives market remains dominated by local banks, with Banco Bilbao Vizcaya Argentaria (BBVA) topping Risk España's annual rankings for the third year running.
IIF proposes agenda to promote financial system stability
IIF letter to Gordon Brown calls for agenda to test financial stability
A turning point
Nordic Risk - Profile
Nowhere to run
Equity derivatives - Non-recourse financing
The missing link
With several countries now developing emissions trading schemes, UN-supervised project-based emissions credits could become the linking instrument that creates a global price signal for greenhouse gas abatement. But greater standardisation in the market…
Troubled waters
Nord Stream, the planned gas pipeline that will link the super giant Russian gas fields of Siberia directly with Europe, looks set to offer an important solution to the EU's energy security concerns. But even before under-sea construction has begun, the…
Impact of ethanol
Increased demand for ethanol in the US has led to predictions that biofuels will have a 30% share of global energy demand by 2030, writes Eric Fishhaut
Finding the way forward
US wholesale power markets are currently the subject of much concern. As Ferc begins a review to improve competition, Edison Electric Institute's Richard McMahon suggests some key ways to move forward
Engineering change
A new risk management culture is evolving in the Asian clean development mechanism market, which should lower CDM project risk while expanding financing options, finds Catherine Lacoursière
Better prospects
Russia offers better prospects for industry to develop and far more investment opportunities than is widely recognised, writes Pavel Ulianov of Russian metal giant Rusal
Has Asia got the appetite for local currency CDS?
The development of a robust local currency credit default swap market in Asia has come a step closer following the first public won-denominated CDS trade in Korea late last year. Alice Hales looks at whether the ingredients are there for such a market to…
Calyon sues Mizuho over CDO team lift-out
The French bank files a lawsuit in a Manhattan court alleging that an "illicit scheme" resulted in 11 of its cash CDO team departing en masse to Mizuho
The Big Interview: Paul McCulley
Pimco's portfolio manager talks to Dalia Fahmy about chasing yield in an expensive asset class, and what he's expecting will trigger the next market downturn
Subprime: the burning issue for CDO investors
As the outlook for the US mortgages sector goes from bad to worse, which CDOs, investors, and dealers will be left holding a hot potato? Matthew Attwood finds out
Contrarians at the Gate
Why the doomsayers are wrong about the likelihood of imminent market shocks
Emerging markets open up to hybrids
Borrowers from markets such as Russia, Hungary and Mexico have finally cottoned on to the benefits of issuing hybrid debt - and the trend is not just limited to financial institutions. Laurence Neville reports
Q&A: Sean Flannery
The chief investment officer for the Americas at State Street Global Advisors in New York discusses the opportunities offered by decomposition of risk as a result of the growth of the credit derivatives market
The road to diversity
Nordic risk - Inflation
Distributors have their say
German distributor survey