Blamed for magnifying the effects of the financial crisis, credit derivatives may be given a boost by the post-crisis regulatory changes.
Latest articles from Banking strategies
How do you solve a problem like Libor?
August 1, 2012Libor has come under huge scrutiny since Barclays was fined for manipulating it. While few bankers believe it can be replaced, even its staunchest supporters say it needs to be reformed. But it is not obvious how.
Philip Morris breaks a Eurobond record
July 2, 2012Even with good ratings and a global brand, US tobacco company Philip Morris was taking a risk issuing in the unpredictable Euromarket. It paid off, however, when the company recorded the lowest coupon for a corporate deal.
Germany’s hidden lending shortfall
July 2, 2012The availability of bank credit for small and medium-sized enterprises is often seen as a relative strength of the German economy, but borrowers themselves seem to harbour anxieties about their banks.
Citi makes the most of emerging debt volatility
July 2, 2012Citi’s debt capital markets team switched nimbly between reopening Russian markets when risk appetite was high and placing Gulf state sukuk when investors searched for safety.
Solvency II prompts rethink on structuring investments
July 2, 2012There is still no clarity about the final shape of Solvency II regulations for insurers, but investment banks are already considering ways to help insurance clients earn the returns they need without excessive capital charges.
Markets veteran drives French evolution
July 2, 2012Christophe Mianné, the new deputy of Société Générale’s corporate and investment banking operation, is targeting a change in mindset as much as a change in structure.
Peru's growth spurt attracts international attention
July 2, 2012The sustained growth over the past few years of Peru's economy and banking sector has caused international investors to sit up and take notice. However, with this growth coming at a faster pace than the country's capital markets can absorb, many of its businesses are having to expand into the rest of Latin America in order to maximise their gains.
Investors look to capitalise on equity market uncertainty
July 2, 2012As equity markets look set to stagnate for some time, investors want to know not just how to hedge volatility, but how to profit from it.
Banks look to extend the derivatives chain
July 2, 2012The advent of Basel III and funding constraints in the eurozone have prompted investment banks to make greater efforts to transfer the exotic risks generated from their derivatives structuring businesses.