Credit markets
Credit Markets Update: Repsol spreads hit again over Argentina
The cost of protection on Spanish oil company Repsol YPF’s debt widened 50 basis points to 460bp/510bp today, in what traders described as a delayed market response to proposals last Thursday by the Argentine Commission of Energy to impose more…
BNP Paribas ready to launch Pacific Liberté $1.2 billion synthetic CLO
BNP Paribas is poised to launch a $1.2 billion, three-year synthetic balance sheet collateralised loan obligation (CLO) called Pacific Liberté, possibly as soon as this week or next, according to market sources.
ING shelves Spectra synthetic CDO, mulls Japanese synthetic
ING Barings has cancelled, or as one market source put it, “put on hold indefinitely,” its Spectra arbitrage synthetic collateralised debt obligation (CDO). It would have been the first arbitrage synthetic CDO managed by an Asian portfolio manager,…
Guarded optimism hinges on new tools
Catastrophe bonds
Challenging times for CROs
Chief risk officers
The risk transfer shell game
Credit derivatives
Managing post-convergence risks in financial conglomerates
Regulatory capital
Breaking through basket credit default swaps pricing
Sponsor’s statement
Corporate focus on credit risk management
Sponsor’s statement
Long or short in CDOs
Masterclass with Deutsche Bank
Extreme events and default baskets
Credit derivatives
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…
Weaving an integrated solution
A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…
Chief risk officers
Risk is the business of insurance companies, but risk management in the sector is not nearly as developed as it is in the banking industry. Now, a new crop of chief risk officers will be trying to change all that.
Basel II op risk survey planned for June 1
Global banking regulators hope to issue another survey on June 1 seeking information from banks on their operational losses, in order to help with the development of the Basel II bank capital adequacy accord, said regulators in late April.
DrKW hires Myer
People news
mmO 2
Credit of the month
Branching out
Credit derivatives
Is integrated risk financing dead?
Sponsor's statement
Examining the new world of corporate risks and opportunities
Sponsor's statement
A search for yield
New Angles
DBS in new synthetic deal
New Angles