Credit derivatives may spark the next financial crisis, comments FT
Writing in the Financial Times, John Plender comments that many private sector bankers believe that the newer markets in credit default swaps are inherently stabilising. However, no central banker believes that we are witnessing the end of volatility or the demise of the credit cycle
CLOs
- M&G establishes joint venture with Ontario Teachers’ Pension Plan to back further CLO issuance 9 hours ago
- Glass Lewis backs board proposal to remove Octagon on disputed CLO fund 3 days ago
- Distressed double Bs are a better-kept secret of the credit market – CIFC 3 days ago
- Fidelity issues new Euro CLO 3 days ago
- Egan-Jones Ratings backs Octagon in CLO fund dispute 3 days ago