Pre-financial crisis, interest rate derivatives were widely recognized as a valuable part of the municipal issuer’s financial toolkit. Post-crisis, they have been a thorn in the side of many issuers, ...

Newly elected CII president KV Kamath on Thursday said the recent derivative losses faced by banks is a learning experience for them. Kamath, who is the managing director and CEO of ICICI Bank, which ...

It is almost 11 months since growing losses among US subprime mortgage loans provoked widespread ratings downgrades of mortgage-backed securities and collateralised debt obligations. With credit sent ...

Financial derivatives are financial instruments that are linked to a specific financial instrument or indicator or commodity, and through which specific financial risks can be traded in financial ...