DES MOINES - Consumers keep improving how they manage their credit card payments: Fewer customers defaulted in July or made late payments, compared with...
MUMBAI: Foreign institutional investors (FIIs) need to be allowed to buy and sell protection against credit risk by participation in the credit default swap (CDS) market, say bankers. In its third attempt to create a market for credit derivatives, the Reserve Bank of...
Aug. 19--REPORTING FROM NEW YORK -- -- Is Wall Street profiting from California's misery? That's been a concern of state Treasurer Bill Lockyer, who takes a dim view of financial instruments -- known as credit default swaps -- that enable speculators to bet against...
The cost of insuring debt from Australia's BHP widened by 10 basis points on the reports it is considering a hostile bid for the Canadian potash producer HONG KONG (Reuters) - Normal 0 false...
BANGALORE (Reuters) - Capital One Financial Corp's U.S. credit-card defaults continued their decline for the fourth straight month, signaling that fewer Americans were falling seriously behind in their credit card payments. In a regulatory filing,...
Reuters, AP The cost of protecting Greek government debt against default rose yesterday after data showed Greece’s economy shrank by a bigger-than-expected 1.5 percent in the second quarter. Five-year credit default swaps (CDS) on Greek government debt widened to 795...
‘You never want a serious crisis to go waste,’ was how Rahm Emanuel, US President Barack Obama’s chief of staff famously put it at the start of the financial crisis in 2008. The RBI’s discussion paper on introduction of credit default swaps (CDS) — a form of insurance —...
MUMBAI: Indianbanks will soon be able to invest in local corporate bonds without worrying unduly about a default or of exceeding borrowing limits with the Reserve Bank of India (RBI) unveiling draft rules for credit default swaps (CDS), instruments which offer...
BEIJING - China will have its first credit default swap (CDS) products before the end of 2010, as regulators carefully review the credit derivative product. "We are now prudently facilitating the development of credit derivatives in China on the condition risk...
Monday, 26 July 2010, 4:15 pm Article: Businesswire NZ credit checks fall, defaults jump in first half, Veda says July 26 (BusinessDesk) - New Zealand credit inquiries fell 10.4% in the first six months of 2010 compared with the same period last year while defaults...