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 ...

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 ...

Following Silicon Valley Bank’s (SVB) collapse on March 9, many private equity fund managers and venture capital firms rushed to assess their exposure to the bank. After evaluating portfolio ...

The first central counterparty clearinghouse for credit default swaps (CDS) began operating on March 9, the same day that perceptions of default risk among the largest derivatives market makers in the ...

Bitcoin offers corporations the rare ability to hold pure capital—an asset with no issuer, no counterparty, and no reliance on financial intermediaries. However, these benefits are fully realized only ...

ZURICH, July 9 (Reuters) - Credit Suisse (CSGN.S), opens new tab has carved out a new role to tackle the risks it takes in lending to investment banking clients and in other customer relationships ...

A once-niche corner of the credit default swap (CDS) market seems to be going mainstream. At least 10 banks are said to be trading so-called fourth-trigger CDSs, which allow them to offload unwanted ...

This paper presents a comprehensive framework for determining haircuts on collateral used in central bank operations, quantifying residual uncollateralized exposures, and validating haircut models ...

New European-wide prescriptive guidelines emphasizing the need for integrated credit risk management supported by data to go live in June 2021 ESG factors centre piece of the requirements as banks ...