The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...
Financial derivatives have greatly enhanced the range of tools available for managing financial risks. Currently, derivatives are widely used to mitigate and reallocate the financial risk related to ...
With more and more bankruptcies and defaults, many banks can protect themselves with credit derivatives. There are dangers in using them, but if used intelligently, they can be a boon to many banks.
Credit spreads continued to tighten across all major markets in 2006, further crimping income from trading liquid derivatives for dealers. Some banks took this as a cue to pull back from market making ...
The ranks of firms looking to set up highly-rated, limited-purpose companies to act as counterparties in credit default swaps are swelling as they look to offload CDO-generated risks. The ranks of ...
NEW YORK (Reuters) - With the subprime mortgage crisis making investors wary of collateralized debt obligations, or bonds secured by other bonds, Wall Street is cooking up even riskier deals offering ...
A report on financial risk based on a survey answered by 175 bankers, regulators and corporate users was published last month by the Centre for the Study of Financial Innovation. They were asked to ...
A collateralised debt obligation (CDO) is a type of financial product – a credit derivative – which is backed by an underlying pool of loans. An investment bank pulls together mortgages, bonds, car ...
Derivatives, a special kind of investment, played a key role in the financial crisis and generated $20 billion for Wall Street last year. They are also central in President Obama's push for financial ...
NEW YORK, Oct 22 (Reuters) - Banks may face new capital calls from insurance they sold on corporate debt as losses from the defaults of Lehman Brothers, Washington Mutual and others threaten large ...
An unholy trinity of low rates, low credit spreads and low equity volatility made life tough for derivatives managers in 2004. For developing innovative, multi-asset class products for yield-starved ...