The market divides into three distinct parts. The oldest type of synthetic CDO is the balance-sheet or regulatory capital deal. Banks started to issue these in 1997, realizing that they could reduce ...
Beijing firmly opposes U.S. tariff hikes on Chinese imports, China's commerce ministry said in a statement on Saturday, urging the U.S. to immediately correct its "wrongdoings" and lift all tariffs ...
The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...
March 13 - OVERVIEW -- We placed our ratings on 25 tranches from 19 synthetic CDO transactions on CreditWatch positive. -- We placed our ratings on two tranches from two synthetic CDO transactions on ...
My, how quickly we've forgotten the lessons of the financial crisis. Even though the debt markets have once again mispriced risk -- when junk bonds yield a mere 5 percent, you can be sure serious ...
Sign up for The Media Today, CJR’s daily newsletter. The Journal looks at how investments that were supposed to reduce risk by spreading it instead magnified it by ...
Collateralized debt obligation manager Princeton Advisory Group, based in Princeton, N.J., is planning its first venture into synthetic CDOs. The group already manages over USD6.2 billion in mortgage ...
The Securities and Exchange Commission hasn't contacted Citigroup Inc. or Morgan Stanley about their sales of collateralized debt obligations or other securitized vehicles in the wake of its charges ...
Deutsche Bank is adding two directors to its collateralized debt obligation group. Jay Bryant will join the week of March 20 as a director from Merrill Lynch, while Peter Keller has moved to New York ...