The corporate bond market continued to feel heavy last week as credit spreads leaked wider in the investment-grade market and were crushed in the high-yield market. The new issue market remained ...
On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and ...
Paris-based Société Générale Corporate and Investment Banking (SGCIB) has partnered with Algorithmics for the development of a credit valuation adjustment (CVA) solution. SGCIB will use the software ...
The Basel Committee on Banking Supervision has published a consultation on technical amendments on the hedging of counterparty credit risk exposures. The interpretative issues addressed relate to the ...
A consortium led by major investment banks active in the huge over-the-counter derivatives market in credit default swaps (CDS) plans to launch a central clearinghouse by September in an effort to ...
Michael Barr, vice chair for supervision at the Federal Reserve, said in a speech Tuesday that banks may need to hold margin to reduce nonbank counterparty risks, citing the failure of Long-Term ...
Almost two-thirds of asset managers at buy-side firms in the US believe the continuing credit crisis is having a big impact on the trading of over-the-counter derivatives, according to research and ...
As the risks to global financial markets intensify and take on new forms, regulators are revising and strengthening their requirements to bolster stability and ensure effective risk management . From ...
Beacon by CWAN is a unified platform that spans the full investment lifecycle – from trading and modelling to accounting and regulatory reporting ...
NEW YORK, July 11 (Reuters) - Standard & Poor's said on Friday the counterparty credit rating of Lehman Brothers Holdings Inc continues to reflect the company's solid liquidity and funding profile ...
A Korean has been appointed as the new director of market and counterparty risk at the World Bank Group (WBG), the Ministry of Finance and Economy said Sunday.
NEW YORK, Sept 11 (Reuters) - Concerns about the counterparty risk of large banks rose to their highest levels since the bailout of Bear Stearns in March, as the survival of Lehman Brothers Holdings ...