News stories

Recent

Bank reports sharp drop in new write-downs

New long-short credit fund launched, reports Hedge Funds Review

Yesterday

Eurex announces plan for European central counterparty

SQX selects PF2 for CDO evaluations

Last Tuesday, 22 July 2008

Wachovia reports $6.1 billion in writedowns with $565 million market losses tied to CDOs

S&P and Moody's cut Wachovia on mortgage and ARM portfolios

Pension fund takes CAD920 million write-down on CDOs and ABCP, reports Globe & Mail

Quantifi signs up Tullett Prebon as customer

Last Monday, 21 July 2008

Moody's may cut Assured Guaranty and FSA ratings

Bank surprises with low write-downs

Joint venture plan shakes up credit derivative trade processing

GFI adds web and mobile access to CreditMatch

Cambridge Place teams up with real estate specialist on new fund

Last Friday, 18 July 2008

Communications firm reveals SIV-related GAAP losses

Citi beats Q2 forecasts despite $7.2 billion credit-related write-downs

Merrill shocks the market with new write-downs

17 July 2008

Bank puts in strong performance in credit trading

French bank writes off monoline exposures

16 July 2008

Credit manager sees growth in long-only funds

Defunct monoline gains new standstill extension

Interdealer broker says credit growth has slowed

15 July 2008

Final guidance released on pillar 2 for Basel II implementation

US Bank parent has increase in provisional credit losses

More subprime loans being renegotiated but may default anyway, says Moody's

S&P says Arturo Cifuentes is wrong to call CDO Evaluator a black box

Fidelity launches credit fund, reports Citiwire

14 July 2008

US lawmakers propose new SEC role in ratings, reports Wall Street Journal

Credit analytics provider secures seed funding

Loan portfolio managers turn bearish on credit, says IACPM

11 July 2008

Court rules in favour of junior SIV creditors, reports Financial Times