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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • Josh Cohn, a partner at Allen & Overy in New York, has joined Mayer Brown as a partner and leader of the U.S. derivatives and structured products practice.
  • Philippe Hatstadt, head of Barclays Capital’s longevity derivatives desk in New York, has left the firm.
  • The U.K. Financial Services Authority and H.M. Treasury want to extend the Market Abuse Directive to cover credit default swaps.
  • Primus Guaranty is working on a successor to its Primus Financial Products unit that could see the parent acquire a regulated bank or insurer through which it would sell protection in the form of financial guarantee insurance.
  • The rise in demand for default protection on Southern European sovereigns has the potential to saddle banks with losses, according to a report out today by Moody’s Investors Service.
  • Credit default swaps on J.C. Penney widened 11% in the past quarter as the retailer continues to underperform, despite improvements in the North American consumer services sector, according to Fitch Solutions.