Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is ...
As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that the U.S. Securities and Exchange Commission (SEC) has approved ICE Swap Trade’s ...
Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. Stream Los Angeles News for free, 24/7, wherever you are. The ...
“Ardagh is a manifestation of an old problem with the CDS product – specifically for a restructuring event – where there can ...
Nomura Asset Management’s Richard Hodges began the year by buying credit default swaps, worried that rate cut bets were becoming too aggressive. He reduced the hedge when the cost of protection ...
Regulators and practitioners alike have spent much of 2008 fretting about how the CDS market would perform in the event of a big counterparty default (see Credit default swaps: On dangerous ground ...
LONDON (Reuters) - EU internal market commissioner Michel Barnier was quoted on Wednesday as saying Brussels would conduct an internal investigation into the trading of credit default swaps related to ...
That's part of what Greece's prime minister, George Papandreou, blames for his country's financial crisis. A credit default swap is a form of insurance on bonds that investors buy and sell. When it ...
Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. The cost of insuring exposure to U.S. government debt has ...