Asia-Pacific Bond Risk Rises, Credit-Default Swaps Prices Show - Bloomberg

Asia-Pacific Bond Risk Rises, Credit-Default Swaps Prices Show
Bloomberg
The cost of insuring Asia-Pacific corporate and sovereign bonds from default rose, according to traders of credit-default swaps. The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan advanced 5.5 basis points to 198 basis points ...
Default Swaps in US Rise on Speculation Greece to Exit Euro BusinessWeek
European Default Protection Costs Rise After G8 - Markit Wall Street Journal

all 17 news articles »

continue reading

Credit-Default Swaps Antitrust Probe Into Markit Said to Widen - San Francisco Chronicle

Credit-Default Swaps Antitrust Probe Into Markit Said to Widen
San Francisco Chronicle
May 21 (Bloomberg) -- A US Justice Department antitrust investigation into data provider Markit Group Ltd. is expanding to include other companies in the credit-default swap market, according to three people familiar with the matter.

and more »

continue reading

Regulators Designate Swaps Clearinghouses Systemic - BusinessWeek

Regulators Designate Swaps Clearinghouses Systemic
BusinessWeek
The Chicago-based company guarantees interest-rate and credit- default swaps. The designation of so-called financial-market utilities is taking place under the Dodd-Frank Act overhauling financial regulation and will entail tougher examination and ...

and more »

continue reading

CFTC to Release Clearing Rule for Swaps in JPMorgan Trades - BusinessWeek


Toronto Star
CFTC to Release Clearing Rule for Swaps in JPMorgan Trades
BusinessWeek
The commission, the main US derivatives regulator, would seek comments this summer on the requirement for swaps of interest rates and credit-default indexes, said its chairman, Gary Gensler, in testimony today at a Senate Banking Committee hearing on ...
CFTC Confirms Investigation Into JP Morgan Wall Street Journal
JPMorgan Losses Become Tool in Regulatory Debate on Capitol Hill San Francisco Chronicle
Hedge exemption should not be layup Futures Magazine
Turkish Press - eCreditDaily.com
all 420 news articles »

continue reading

Wells Fargo Execs Boast Of Stability, Less Risk - Wall Street Journal


The Republic
Wells Fargo Execs Boast Of Stability, Less Risk
Wall Street Journal
--CFO: Credit default swaps "now about a quarter of what it was three years ago." --Mortgage Chief: Hedging "a critical capability" any bank has to have. (Adds comments from head of mortgage lending about hedging mortgage servicing rights in sixth and ...
JPMorgan Veered From Hedging Practices at Banks With Credit Bets San Francisco Chronicle
Wells Fargo Executives Boast Of Stability, Less Risk Fox Business
Wells Fargo increases return targets Reuters

all 84 news articles »

continue reading

Default Swaps in US Fall From 2012 High on China Growth Steps - Bloomberg

Default Swaps in US Fall From 2012 High on China Growth Steps
Bloomberg
A gauge of US corporate credit risk fell from the highest level of the year as China pledged to take measures to boost economic growth. The Markit CDX North America Investment Grade Index, a credit-default swaps benchmark that investors use to hedge ...

continue reading

CORRECT: Spanish Default Insurance Costs Push To Fresh Record High - Wall Street Journal

CORRECT: Spanish Default Insurance Costs Push To Fresh Record High
Wall Street Journal
The European sovereign credit default swap market was wider across the board, with Germany's five-year CDS hitting a key psychological level as pressure also remained on Italy and France. CDS are derivatives that function like a default insurance ...

continue reading

JPMorgan losses highlight need for credit default swap regulation - Telegraph.co.uk


Telegraph.co.uk
JPMorgan losses highlight need for credit default swap regulation
Telegraph.co.uk
The multi-billion dollar losses that JPMorgan Chase has racked up underline the urgent need to better regulate credit default swaps, Sheila Bair, one of America's most powerful financial regulators over the last five years, has warned.
For Some, Disaster Is Spelled CDS Barron's

all 2 news articles »

continue reading

JPMorgan Veered From Hedging Practices at Competing Banks - Bloomberg


Bloomberg
JPMorgan Veered From Hedging Practices at Competing Banks
Bloomberg
Bank of America Corp., Citigroup Inc. (C) and Wells Fargo & Co. say the offices don't trade credit-default swaps on indexes linked to the health of companies. JPMorgan is said to have amassed positions in such indexes that were so large they drove ...
The Modest Worth of Big Banks New York Times
What JP Morgan Chase Forgot About 2008 Forbes
JPMorgan could face $7 billion in losses World Socialist Web Site
San Francisco Chronicle - gulfnews.com
all 791 news articles »

continue reading

Global Diversified Investment Grade Income Trust II - Monthly Distribution and ... - PR Newswire (press release)

Global Diversified Investment Grade Income Trust II - Monthly Distribution and ...
PR Newswire (press release)
Taking into account the total loss of the credit default swaps A and B as disclosed in the December 12, 2011 press release, only credit default swap C remains in the assets of Global DIGIT II. Global DIGIT II also announces that the net asset value ...
Monthly Distribution and Net Asset Value as at May 15, 2012 DigitalJournal.com (press release)

all 4 news articles »

continue reading