Credit markets
Structuring by seniority
CDO guide: tranching
The CDO contribution
CDO guide: conclusion
The odd couple
pension funds & hedge funds
Propping up the profits
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Upgrading the index
Lehman Agg
Upgrading the index
aggregate index
Covenants: crisis of confidence
loan origination
Will the marriage ever happen?
iboxx and trac-x
Born to trade
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Shedding the correlation ‘axe’
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The top stories from RiskNews
RiskNews
Observations on the differences between operational risk regulatory and economic capital
In this article, Niklas Hageback takes a practical look at the difficulties in reconciling regulatory and economic capital calculation in the discipline of operational risk.
Trac-x, iBoxx merge North America and emerging market indexes
Credit default swaps (CDS) indexes Dow Jones Trac-x and iBoxx are set to merge their North America and emerging markets indexes, the parties involved said late yesterday. The new indexes are to be called Dow Jones CDX Indices.
Primus Guaranty seeks IPO
Bermuda-based credit default swaps marketer Primus Guaranty has registered a statement with the Securities and Exchange Commission for a proposed initial public offering of its common shares.
Singapore’s UOB launches multi-sector CDO
Singapore’s United Overseas Bank (UOB) Asset Management has turned its hand to asset-backed securities, with the launch of a $1 billion managed multi-sector collateralised debt obligation (CDO) deal.
Deutsche Bank reorganises credit derivatives business
Deutsche Bank will reorganise its securitised products group (SPG), the bank said yesterday. It will merge its collaterised debt obligation business with credit hybrid business within the SPG group.
TCV market risk system upgrade prepares for credit risk and Basel II
Treasury Corporation of Victoria (TCV), the central financing authority of the State of Victoria in Australia, has implemented a system to improve its market risk management, which it plans to extend to cover credit risk and that should help it meet…
Regulators put credit risk transfer in the spotlight
Leading financial services regulators have placed the credit risk transfer market under scrutiny to establish if instruments such as credit derivatives and synthetic collateralised debt obligations (CDOs) pose a threat to financial stability.
US refinancings suggest recovery
Do several big debt refinancings at US utilities mean energy companies are finally starting to emerge from their post-Enron and post-California crisis problems? Joe Marsh reports
Mixed signals
Global credit
The correlation conundrum
Credit Defaults