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Back in Black

New York-based asset manager BlackRock's buying up of distressed mortgage portfolios - most notably its purchase of UBS's portfolio of subprime and other non-agency securities totalling approximately $22 billion - has been making headlines. What does it…

Grahame Mcgirr & James Bagshawe

All the talk in the financial markets is about going back to basics. This drive towards simplicity and transparency is what underpins Islamic finance. Credit speaks to two senior executives from recently launched Shariah house Gatehouse Bank about a…

Jeff Sprecher & Sunil Hirani

The chairman and CEO of derivatives exchange ICE and the CEO of derivatives processing firm Creditex talk about the companies' recent merger, and how the CDS markets will cope with a unique set of challenges ahead

We're all Swensenians now

The appeal of commodities used to be the equity-like returns combined with low correlation to stocks and bonds. That all changed once the commodities bandwagon started rolling

Called to account

Dealers have criticised fair value accounting on illiquid assets as exacerbating the subprime crisis. A growing number of banks and industry bodies have called for a suspension of mark-to-market accounting for illiquid instruments. Are the accounting…

Nigel Sillis

The director of fixed-income and currency research at Baring Asset Management talks to Matthew Attwood about bubbles, credit risk and mushroom picking

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