No one likes a bailout, particularly one caused by taking a simple and valuable business -- like, say, home loans -- and turning into a complex labyrinth of indecipherable derivative contracts.
Numerix, the leading independent provider of advanced analytics for the derivative and structured products market and Lumina Americas, a regional consulting and technology services company servicing ...
With the 2021 sunset of LIBOR looming on the horizon, the clock is ticking for banks and derivatives market participants to prepare for the transition to risk-free rates (RFRs). Most of the discussion ...
Financial instruments are becoming increasingly complicated, and a new survey of CPA financial executives by the AICPA found concern about the valuation of instruments such as derivatives, with fears ...
Lawmakers moved closer to passing sweeping reform of the financial system as a Senate panel approved new regulations for the complex derivatives market with the backing of GOP Sen. Charles Grassley of ...
On occasion, it is important to revisit issues that have been swept under the rug or simply overlooked. For most people, the derivatives market falls into this category, partly because they don't ...
The county treasurer, Robert Citron, borrowed $14 billion in 1991 and invested it in complex derivatives contracts, primarily with Merrill Lynch & Company. According to The New York Times, this sort ...