Central banks
Credit derivatives still leading OTC growth, says BIS
Credit derivatives continued to be the fastest-growing sector of the over-the-counter market this year, despite rising numbers of early terminations.
Largest Norwegian banks will use FIRB approach for credit risk
Falling capital levels in Norway will be buffered by transitional arrangements.
Regional co-operation and micro and macro supervision are key to EMEA financial stability
Extra prudential pillars must bolster Basel pillars in Asian markets, says HKMA deputy chief executive.
Local opportunities
Emerging markets
Shifting sands
High oil prices and a lack of accessibility to reserves are reawakening oil majors' interest in Canada's oil sands. David Watkins looks at their potential and at the challenges involved in this capital-intensive mining operation
Trading opinions
Energy risk professionals from all over Europe gathered in London last month at the Energy Risk Europe conference to debate the hottest topics facing the industry today. The Energy Risk team bring you some highlights
HYBRIDS: BACK ON TRACK
The hybrid securities market has recovered from the twin setbacks of excessive volatility in the European market in the spring and a negative regulatory ruling in the US. But what have investors learnt from these hiccups? Laurence Neville reports
CDS pricing
Talkingpoint
Delinquencies on RMBS give investors a headache
Rising levels of defaults on UK mortgages and credit card debts are forcing rating agencies to take a hard look at residential mortgage-backed securities and other securitisations
Winner:NXP
In our monthly look at the credit market's most innovative deals, we focus on NXP's mammoth high-yield issue, the Alcentra CLO and Bouygues' 20-year bond
The third way
Cantor Fitzgerald's fixed-income research team
The LDI makeover
For all the hype surrounding liability-driven investing, few UK pension funds have actually taken the plunge and implemented the technique. The London Pension Fund Authority is one notable exception. Nick Sawyer reports
CNP
Practitioner profile
A mutually exclusive proposition
Capital funding
Implementing choice
Technology
Siemens
Practitioner profile
Credit model meltdown
Dealers are trading increasingly high volumes of bespoke tranches of synthetic credit risk with each other, yet there still appears to be little consensus on the application of credit models. Is there a danger the house of cards may come tumbling down?