Bank of America
Basel II set to increase bank demand for single-A debt
The new Basel capital accord is likely to lead to increased demand by international banks for senior bank debt, the sovereign debt of industrialised countries and sovereign guaranteed debt that is rated single-A or lower by credit rating agencies.
Unleashing Asia's demons
The Basel Committee’s new consultative paper on capital adequacy could wreak havoc with Asia’s domestic banks. The revamped rules will make the shortcomings of their risk management systems all too clear.
Documentation dilemmas
Concerns over credit event definitions and the Basel Committee’s ‘ w ’ capital charge on credit mitigation instruments will not be easily resolved.
JOB CYCLE
JOB CYCLE
Merrill Lynch Sets Up Global Risk Service
FRONT PAGE