Launches of vehicles that scoop up risky loans top €22bn in first five months of the year
The treachery of ‘systemic risk’
It’s covered calls wut done it, says BIS
But there are indications exchange traded notes are holding their own in Europe
The two existing funds have suffered steep losses since Credit Suisse’s AT1 bonds were written down to zero
Lower demand for risky corporate debt could threaten companies’ ability to refinance
2021 was a record year for US collateralised loan obligations
UK lender offered ‘unprecedented’ amount of unregistered securities for sale, US regulator says
How South Korean savers can rattle global markets
Apollo in talks to take on parts of ailing supply-chain finance business
The French bank became the world leader in equity derivatives but the products are no longer seen as safe
Vast Mall of America falls behind on payments that help underpin $500bn bond market
Loan instruments have always held up well in a crisis, but ‘hope is not a strategy’
Economic effects of coronavirus push up risks for leveraged loan investors
Coronavirus spurs rout in structured products betting on treasuries, stocks and oil
These vehicles for risky corporate loans are highly unlikely to blow up the financial system
EG Group has grown into a behemoth of Europe’s leveraged loan and junk bond markets
Another strange thing is happening.
Analysts warn that popular ‘auto-callable’ products could exacerbate turbulence
New branch of synthetic CDO has lower leverage and different buyers — but risks lurk
Insiders lose hope of early bond repayment by industrialist Sanjeev Gupta
Swiss asset manager liquidates bank bonds, but is left with debt linked to start-up
