Top Section/Ad
Top Section/Ad
Most recent
Reforms should focus on banks' access to liquidity, not capital
Conditions support capital issuance, even though European Commission's report gave no clarity on the future of AT1s
IPO pipeline strong, but timetables slipping as markets await clarity on tax, growth and defence funding
State-owned bank Spuerkeess has not indicated when it will issue its first bond
More articles/Ad
More articles/Ad
More articles
-
Researchers at Goldman Sachs have offered an estimate of risk reduction from clearing over-the-counter derivatives. Specifically, they calculate that introducing clearing for dealer-to-dealer trades will yield 16 times the counterparty risk reduction than would be achieved for trades between non-dealers. -
Exchange and bank executives debated the likelihood of most over-the-counter derivatives moving to central clearing at yesterday's Securities Industry and Financial Markets Association conference in New York. A fiery editorial last Monday from Citadel founder Ken Griffin that urged mandated clearing got people talking.
-
If financial reform is like war—as U.S. Treasury Department Secretary Tim Geithner put it at the conference—then Wall Street CEOs would be on the other side of the battlefield from the government.
-
Standardized documents for Shariah-compliant credit default swaps are not close for the simple reason that the underlying derivatives don’t pass muster in their current form with Islamic scholars.
-
Executive compensation was another big talking point at the conference, in the wake of the U.S. pay czar Kenneth Feinberg announcing sweeping caps at firms bailed out by the government.
-
Amid plans for a systemic risk regulator in the U.S., panelists at this morning’s Securities Industry and Financial Markets Association conference in New York rehashed some well-trod ground: who was to blame for the crisis and what role derivatives played.
