Credit markets
Banks branch out
Corporate treasury
Synthetic CDOs to gain pace
New angles
An upward spiral
Credit derivatives
Credit explosion
Comment
Job moves
People
RiskNews review
RiskNews review
Shaking up hedge funds
Cover story
FASB rule baffles CDO market
New angles
Breaking down barriers
South Korea
Credit default swaps remain tight despite falling equities
Credit default swap spreads in Europe have remained relatively tight this week despite falling equities. The trend is being supported by the current dislocation between credit and equity, and also continued large issuance of synthetic CDOs, according to…
BNP Paribas looks to new ground
New angles
Fimat to launch volatility arbitrage index
Fimat, the brokerage subsidiary of Société Générale, plans to launch what it claims will be the first volatility arbitrage strategies index by the end of the first quarter.
New dawn for loan portfolio management
The way institutions handle credit is changing. Charles Smithson compares the results of two surveys done in the past two years to discover how portfolio management has evolved.
BIS puts spotlight on credit risk transfer
In a report published today, the Bank for International Settlements (BIS) highlighted disclosure, concentration and the role of ratings agencies as key features of the credit risk transfer market that may need to be addressed with regulation.
Italian securitisation volumes slightly up on last year
The Italian securitisation market saw minimal growth last year, according to reports from the two major rating agencies Moody’s and Standard & Poor’s (S&P). Moody’s estimated a total of €36.7 billion in credit risk transferred – a 16% rise compared with…
Japan credit default swap spreads wider on weak stocks
Japanese credit default swap spreads were generally wider this week following weakness in stock prices, but dealers said participants with short positions have helped support the derivatives market and dampened the widening trend.
Managed synthetic CDOs to grow rapidly in 2003, says Fitch
A new report by credit rating agency Fitch Ratings has predicted rapid growth in managed synthetic collateralised debt obligations (CDOs) this year.
Credit spreads widen as equity continues falling
Falling equities and the increased likelihood of conflict in Iraq continued to drive spreads wider in the credit derivatives market this week.
BIS puts spotlight on credit risk transfer
In a report published today, the Bank for International Settlements (BIS) highlighted disclosure, concentration and the role of ratings agencies as key features of the credit risk transfer market that may need to be addressed with regulation.
Software survey 2003
Credit technology hogged the spotlight in 2002, as the spectacular collapse of a host of corporate giants combined with movement on the Basel II Accord focused everyone's attention on this class of exposures.
Fimat to launch global hedge fund index
Fimat Global Fund Services, the prime brokerage arm of Fimat International Banque, plans to add to the growing number of hedge fund indexes in the market with the launch of a volatility arbitrage hedge fund index in the next few weeks.
European securitised credit risk transfer set to rise by 15%, says Moody’s
The amount of credit risk transferred in European securitisation deals will increase 15% to €400 billion this year, credit rating agency Moody’s predicted today.