Central banks
Isda AGM Singapore: Credit derivatives up 39% in H2 2005, says Isda
The notional principal outstanding volume of credit default swaps (CDSs) grew 39% to $17.3 trillion in the second half of 2005, compared with 48% to $12.4 trillion in the first half, according to the International Swaps and Derivatives Association’s year…
Deputy general manager of BIS says Basel II is key to financial globalisation and market discipline
Hervé Hannoun, deputy general manager of the BIS, has reviewed some of the main factors driving the internationalisation of financial services. Looking at the key challenges facing central banks in acting as a discipline multiplier, “Internationalisation…
European securitisation reaches highest levels
Demand from investors seeking higher investment-grade yields drove the issuance of European securitisation to its highest level last year, according to the latest quarterly report from the European Securitisation Forum (ESF). Issuance reached €319.6…
BIS paper finds international relations critical to financial stability
The Bank for International Settlements has released its perspective on the past 130 years of banking co-operation, collated from presentations at its fourth annual research conference in June. “Past and Future of Central Bank Cooperation” included senior…
Facing the Four Risks
CIOs must prepare for threats that could spell disaster for their firms, so how can they survive in dangerous waters?
BIS review reports record highs in emerging markets
The Bank for International Settlements (BIS) has today released its quarterly review, International Banking and Financial Market Developments. The report found that emerging markets have reached record highs earlier this year, a direct result of the…
Leading the energy software revolution
The ETRM software industry is enjoying a long-awaited boom, meaning exciting developments are in store for energy trading and risk management, writes Stella Farrington
March 2006 - Interconnector - UK left in the cold
As UK gas prices soared at the start of the year, market watchers struggled to explain why cheaper European gas didn't flood into the UK. But as the UK becomes a net importer of gas, these sorts of market inefficiencies will become more prominent, writes…
Hybrids on track in the US
Bankers predict hybrid capital volumes to intensify this year and reach as much as $65 billion
Mardig Haladjian
With more Islamic institutions looking for ratings, the general manager of the financial institutions group at Moody's in Cyprus explains how the agency rates these names versus conventional credits
Hedge funds play it safe
Mezzanine Debt
Payback time for Latin America
Brazil and Argentina have repaid in full the debt owed to the IMF. But while Brazil seemed grateful for the loan, Argentina's president made a bridge-burning speech attacking the Fund's policies. Josh Goodman looks at the two nations' economic outlook
The new man at the helm of the US economy
Fed chairman Ben Bernanke's maiden testimony in February reassured the bond markets with soothing tones of continuity with the Greenspan era. But with question marks still hanging over his inflation policy, and how much of an impact his personal style of…
Briefs
REGULATORY UPDATE
Value for money
Embedded value
City of New York
Practitioner profile
Pensions
Introduction
A gilt complex
Supply and Demand