Representing the bank, law firm Milbank argues the committee’s approach risks constraining the market and goes against expectations ...
What was the utility of the credit default swap in that case? Well, the basic concept or the original driver of credit derivatives was for banks to be able to transfer credit risk off of ...
The managers eschew below-investment-grade debt and often use derivatives such as credit default swap indexes and Treasury futures to adjust positioning based on their macro views. Credit ...
A credit default swap is a type of swap designed to transfer the credit exposure of fixed-income products. It can reference either a single name or an index of names. For the duration of the ...
The Maldives is in debt distress. The country's foreign exchange reserves are running low, and it has an Islamic Sukuk bond ...
If it turns out that mathematical models were wrong, it may be too late to undo the damage caused in the name of “combating” climate change.