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 ...

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 ...

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, ...

WHAT ARE DETERMINATIONS COMMITTEES AND WHY ARE THEY IMPORTANT? Credit derivative Determination Committees (DCs) are specialised regional panels which have been established to make binding decisions on ...

BNP Paribas does not have the world’s largest credit derivatives business. Depending on how it is measured, that honour probably lies with JPMorgan, although Deutsche Bank and Goldman Sachs are also ...

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 ...

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 ...

NEW YORK--(BUSINESS WIRE)--The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of the ISDA 2014 Credit Derivatives Definitions Protocol. The Protocol is part of ...

Generally regarded as the most comprehensive report of its kind, the British Bankers Associations most recent survey of the 25 leading dealers in the credit derivatives market finds that the global ...

LONDON (Reuters) - In May 2005, ratings agencies cut the debt of U.S. auto makers General Motors and Ford to "junk" after a sustained run of losses. The fall of the once great automotive powers made ...

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’ ...