Foreign exchange

Credit risk: learning from the crunch

New business opportunities bring new risks. The market innovations that helped precipitate the credit crisis demonstrate that a complex new approach to risk management is required - and that means thinking beyond models based on derivatives and Basel II,…

A call to arms

Covenants have been a cause of conflict between issuers and investors for as long as the bond market has been in existence. But now that appetite for lending has dipped, can investors use the crisis in credit to demand the best protection yet? Matthew…

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... Quantifi founder and CEO Rohan Douglas explains how to take a bank to the brink of disaster - and back again

Mortgage mergers

Unprecedented markdowns in the value of mortgage portfolios have left many mortgage banks vulnerable to takeover, with Countrywide already falling prey to Bank of America. But uncertainty over the scale of further losses is making potential buyers wary…

Hybrids - The alchemists

Much like the early scientists of the Middle Ages who tried to turn base metal into gold, today's financial engineers are wrestling with the task of changing relatively worthless structured credit products into commercially viable and marketable assets…

Profile - Nic Pifer

The portfolio manager and sector leader, global fixed income, at RiverSource Investments talks to Dalia Fahmy about what's behind the fund manager's rise up the rankings

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