14 results found Showing page 1 of 1
Net short language could force lenders to sell at a loss8 months ago
Signs are growing that ‘net short’ provisions in bonds and loans are getting closer to hitting CDS investors, with two instances in recent weeks of the language expanding both in geographical and functional remit.
Rallye CDS auction date set with three initial deliverables9 months ago
A credit event auction to settle CDS referencing Rallye, the parent of French supermarket chain Casino, will take place on 27 June, with the Determinations Committee having agreed an initial list of three deliverable obligations
Deutsche Bank hires emerging market credit trader9 months ago
Deutsche Bank has added to its credit team in London by hiring a trader of emerging market cash debt and CDS
DC accepts New Look failure-to-pay credit event question10 months ago
The Europe, Middle East and Africa Determinations Committee has accepted a request to rule on whether New Look has triggered a failure-to-pay credit event
Steinhoff CDS auction in limbo due to lock-up and CVA11 months ago
A date to settle CDS referencing Steinhoff Europe had still to be agreed as Creditflux went to press — more than a month on from when the EMEA Determinations Committee (DC) ruled that the company had triggered a failure-to-pay credit event.
Credit Suisse adds special situations trading head among raft of hires11 months ago
Credit Suisse has continued to build momentum in its credit business with the hire of a managing director to head special situations and loan trading with its Europe, Middle East and Africa credit products business, following on from nine others across its London and New York credit business
Demonised triple Bs could outshine angelic neighbours1 year ago
There has been a stampede to denounce triple B corporate credit, but investors ditching this rating band may not only miss solid returns but find bigger problems up the spectrum, investors and analysts tell Creditflux.
Don't worry about CDS, CLOs or excess leverage - it's a day of celebration1 year ago
The market cycle is going to turn and something will go badly wrong. But guaranteed it won’t be any of the things in credit you keep reading about
Crossover sell-off risks heightened after Brexit vote, says BNP Paribas1 year ago
The risk of a bearish pullback in European crossover credits has increased as a result of yesterday’s UK parliament vote against Prime Minister Theresa May’s Brexit approach, according to a BNP Paribas trading note
Market favours retrospective over forward-looking approach to Ibor benchmark fallbacks, says Isda1 year ago
New benchmark fallbacks for derivatives contracts that reference interbank offered rates are likely to be based on the “compounded setting in arrears rate” and the “historical mean/median approach to the spread adjustment”, the International Swaps and Derivatives Association has said
Credit sell-off has room to run and pricing is out of whack, says BNP Paribas1 year ago
The credit market sell-off could have further to go despite recent widening and is “in the process of a late-stage business cycle unwind”, according to a strategist note seen by Creditflux
Ex-Citi CDO trading chief joins Jefferies as head of European fixed income1 year ago
Jefferies has appointed a former Citi European credit and pre-crisis CDO trading head to lead its European fixed income business
TD builds out European credit trading arm with key hire1 year ago
The Canadian-based investment bank has strengthened its European credit trading business with a senior credit trading official
Parex's bond for loan swap traps CDS holders3 years ago
French cement firm's move leaves hedge funds abandoning orphan
14 results found Showing page 1 of 1
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