Opinion
Credit derivatives: the next generation
Now that credit default swaps and other credit derivatives are moving into the mainstream of financial trading, a new range of products and structures are being developed using synthetic techniques. Calyon's Loic Fery and Ally Chow review some of these…
Cash-CDS basis
Market graphic
The outlook for Ford
Talking point
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 ... Dominic Pegler, head of fixed-income strategy for Europe at Barclays Global Investors in London, explains how a bond is priced
Are we nearly there yet?
Amy Falls wonders when credit spreads will widen enough for investors to feel that credit risk is being priced appropriately
Legal Spotlight
US Congress is considering new legislation that could enable CDO issuers to sell greater chunks of their CDOs to pension plan investors. Todd Garvelink and Howard Mulligan explain
An insight into annuities
Review
The pragmatists fight back
Editor's letter
Editor's letter
Editorial
Awakening giant?
Some circumstances endure long enough to become embedded in the unexamined assumptions of a generation. In the case of the Japanese economy, these assumptions could prove costly, argues David Rowe
Editor's Letter
Comment
Mal di bilancio
COMMENTO
Op Risk + Technology
A bit of an update from me on what's happening at OpRisk & Compliance this month.
Home-host conflict
Despite structural attempts at supervisory co-ordination, international banking groups need to foster bilateral understanding with their subsidiaries' host regulators, argues David Rowe
Editor's letter
Editorial