As Congress and the Obama Administration consider changes in financial market regulation, much attention is focused on once obscure and still poorly understood financial instruments known as credit ...
Argentina’s debt default in 2001 was traumatic for many, not least for banks, which did little to manage their loan exposures and were badly caught out. Many have learnt their lesson and in turn have ...
Rising interest rates and fears of a looming recession were always going to make 2023 an interesting year for credit markets. But even as borrowers defaulting on their debts moved up investors’ ...
The revision of the 2003 International Swaps and Derivatives Association (ISDA) Credit Derivatives Definitions is likely the biggest overhaul of the definitions in more than a decade. The new 2014 ...
The British Bankers’ Association’s Credit Derivatives Report 2005/06 was unveiled at the BBA’s third annual credit derivative conference held in London on September 21. In 2004 the BBA survey ...
Some people find themselves at the right place at the right time. So it was for Terri Duhon when she joined JPMorgan in New York a decade ago. After three years on the interest rate derivatives desk, ...
The $650 trillion derivatives market is a nightmare scenario waiting to happen. First problem: the size. It's 36 times the size of the U.S. GDP and over eight times larger than the world GDP, that is, ...
The International Swaps and Derivatives Association has published standard documentation for the use of recovery lock credit derivative transactions, a move that could help boost trading of the ...
On July 31, 2024, nine Democratic lawmakers from the House and Senate wrote a letter to the Commodity Futures Trading Commission’s (“CFTC”) Chairman in support of the proposed guidance regarding the ...
What impact has quantitative easing had on credit derivatives? The main use of credit derivatives, in recent years at least, has been to hedge against losses from investments in? corporate debt.
Following the credit market turbulence of the previous two years, most banks were prepared for another bumpy ride in 2010. But none could have predicted the extent of the volatility that ravaged ...