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UBS is preparing to re-enter the Indian equity derivative access products market after winning an appeal over a government ban.

U.K. mortgage provider Bradford & Bingley has entered a cross-currency interest-rate swap on the back of a EUR100 million (USD122 million), three-year bond issue with a floating-rate coupon.

Singapore's United Overseas Bank is preparing to start a credit derivatives trading business.

According to a 2002 report released by the U.S. Department of Commerce's National Institute of Standards and Technology (NIST), software errors (or bugs) cost the U.S. economy USD59.5 billion annually.

A series of indices for credit-default swaps referenced to U.S. asset-backed securities will be launched next month.

Investors last week carped about the pricing on Citigroup's $2.7 billion deal for Eastman Kodak and some said they would pass on the deal, but a Citigroup banker said it is going well and pricing will not be increased.

If you have "Apollo 13 ingenuity, James Bond style, Terminator determination and Animal House camaraderie," you might be able to work at Contrarian Capital, the fictitious venture capital firm.

FiberMark has lined up $155 million in exit financing provided in part by a lender that surprised the company with its interest.

Mirant's loans shot up 10 points after the energy company reached an agreement with creditors and shareholders on the terms of its emergence from bankruptcy.

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

Pacific Investment Management Co. is planning to roll out a global credit fund, less than a year after its cio, Bill Gross, vilified the hedge fund industry in a written report.