Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
Oct. 27 (Bloomberg) -- The European Union's agreement with banks for a voluntary 50 percent writedown on their Greek bond holdings means $3.7 billion of debt-insurance contracts won't be triggered, ...
WASHINGTON, May 22 (Reuters) - As financial markets work through a credit crisis, market players, regulators and lawmakers question if the $58 trillion credit default swaps market is one that ought to ...
Credit default swaps at Nashville, Tenn.-based Hospital Corporation of America, Dallas-based Tenet Healthcare and Franklin, Tenn.-based Community Health Systems jumped an average of 88 basis points ...
The recent 7th Circuit ruling affirmed a decision by the Southern District of Indiana, applying New York law, to enjoin payment under a credit-default swap. If extended, the precedent may become a ...
Oct. 28 (Bloomberg) -- Confidence in the credit-default swaps market may be undermined by the European Union's plan to resolve the euro region's sovereign debt crisis. The EU said yesterday that it ...
Market regulators agreed yesterday to collaborate on the oversight of credit default swaps, the insurance-like derivative contracts that got American International Group into trouble, and said that at ...
Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. The cost of insuring exposure to U.S. government debt has ...
NEW YORK, April 25 (Reuters) - A U.S. municipal bond credit default swap index is expected to be launched as soon as May 6, creating what is believed to be one of the first derivative benchmarks for ...