Persuaded that lax regulation of financial derivatives contributed to the 2008 financial crisis, policymakers in Congress and the Obama Administration have adopted a knee-jerk solution: regulate ...
The Federal Deposit Insurance Corp. found "shortcomings" in the resolution plans of three of the largest banks last week, and found Citigroup's resolution plan "deficient," all because of problems ...
Despite what Wall Street may have you believe, Congress needs to establish speed limits and traffic lights to improve derivative safety, write David Min and Pat Garofalo. Sen. Blanche Lincoln (D-AK) ...
The use of a derivative agreement to mitigate risk can be traced back to around 1754BC, when the Code of Hammurabi was set in stone in Babylon. That was 3,723 years before Euromoney began publication ...
Language in the so-called CRomnibus spending bill being debated in the Senate would undo a prohibition on FDIC-insured banks trading certain kinds of complex financial instruments. The provision may ...
Mark Brickell Chair, International Swaps and Derivatives Association (1988-1992) Every business faces risk when it opens its doors. If you're running an automobile manufacturing company and you borrow ...
Several members of the International Swaps and Derivatives Association (ISDA) have discussed initial “teething problems” following the implementation of swaps margin rules on 1 September. Scott ...
The biggest U.S. banks are likely to see little impact from a portion of the Dodd-Frank Act that seeks to constrain derivatives activity. In a report Tuesday, Fitch Ratings argues that the “swaps push ...
The $650 trillion derivatives market is a nightmare scenario waiting to happen. First problem: the size. It's 36 times the size of the U.S. GDP and over eight times larger than the world GDP, that is, ...
Demanding Diversity Through Uniformity“Derivatives” have gone from being the hottest thing on Wall Street to being the hottest thing in Washington. Indeed, President Obama -- who mentioned them no ...
NEW YORK (Reuters) - Top executives at American International Group Inc knew of potential problems in valuing derivatives contracts, known as credit default swaps, long before questions about the ...
Enhance your knowledge of effective derivatives risk management and interest rate instruments through this interactive learning event. Led by a subject matter expert, participants will deep dive into ...