Credit risk

• Hedge funds

The luck of them

Ireland has become well-known as the home for establishing offshore hedge funds, thanks to its specialist listing regime

• 19 Nov 2002

• Credit risk

Japan’s SMBC expects to issue synthetic CLO in early December

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is preparing to launch a synthetic balance-sheet collateralised loan obligation (CLO) referenced on ¥500 billion worth of loans extended to 1,500 Japanese small to medium-sized companies.

• 15 Nov 2002

• Basel Committee

A question of priorities

Japan's banks are aware of the need to prepare for Basel II, but it is just one of a number of urgent issues that need to be resolved in the Japanese banking sector.

• 14 Nov 2002

• Structured products

Loan hedgers shy away from CDS market

Despite a surge in European lending activity during the past three months, many banks have decided not to hedge their risk with credit default swaps (CDSs), according to research by Morgan Stanley.

• 13 Nov 2002

• Credit risk

Isda reports 75% increase in collateral use for derivatives trades

Collateral use in over-the-counter derivatives transactions and related margined activities such as repos and structured products increased 75% from $250 billion in 2001 to $437 billion this year, said the International Swaps and Derivatives Association…

• 12 Nov 2002

• Credit risk

Data hurdles

The risk management rumour mill has been buzzing in recent weeks with the story that US banking regulators have told the senior management of the country’s 30 largest banks that they will be expected to implement the advanced internal ratings-based (IRB)…

• 11 Nov 2002

• Credit risk

Credit ratings come into FX focus

Credit ratings are becoming increasingly significant to foreign exchange market players, with downgrades increasing in the current economic downturn, market participants told RiskNews ' sister publication FX Week .

• 08 Nov 2002

• Credit risk

Unsystematic credit risk

Although Basel has shifted its treatment of unsystematic credit risk from the first, capital rules pillar (where it was called the ‘granularity adjustment’) to the second, supervisory pillar of the forthcoming Accord, this issue is of great practical…

• 05 Nov 2002

• Credit risk

Sponsor's article > Basel II and pro-cyclicality

The main argument for making regulatory capital requirements more risk-sensitive is to improve allocational efficiency. But this may lead to intensified business cycles if regulators fail to take measures to prevent such an impact.

• 05 Nov 2002

• Credit risk

Sponsor's article > Credit derivatives: will the market keep expanding?

This article aims to give a brief overview of some of the main trends in the credit derivatives market and also proposes to analyse some of the underlying reasons why this market is experiencing such a boom.

• 05 Nov 2002

• Credit risk

An overwhelming problem

Introduction

• 02 Nov 2002

• Credit risk

Fighting credit risk demons

Credit risk

• 01 Nov 2002

• Structured products

Credit default swaps on asset-backed securities

Technical

• 01 Nov 2002

• Credit markets

JPM Merits CDOs

Credit tech

• 01 Nov 2002

• Credit risk

Data hurdles

• 01 Nov 2002