If bad mortgages made the financial system ill, credit default swaps helped spread the sickness. Now the head of the Securities and Exchange Commission is calling for the CDS market to be ...

In finance, a swap is a derivative contract in which one party exchanges or swaps the values or cash flows of one asset for another. Of the two cash flows, one value is fixed and one is variable ...

Egypt is strategically leveraging debt swap agreements to alleviate its debt burden and unlock development financing, amid growing calls for global financial system reform. ・Egypt utilizes debt swap ...

The practice has been around since the 1990s, but it really took off with the financial crisis of 2008-09, peaking in mid-December 2008 at an outflow of over $580 billion.As the economy recovered ...

Prior to founding Swap Financial Group in 1997, Shapiro worked at Citibank, where he served as a senior banker, and headed the municipal derivatives business and the public finance department.

As a consequence of the Dodd-Frank Financial Reform Act, however, all swap trades as of Oct. 2 must occur on swap execution facilities, or SEFs, open to all traders, and all SEFs must maintain ...

There were many causes of the Financial Panic of 2008. Most early reports blamed the sub-prime mortgage market, a story that was particularly appealing to those who believe everything should be blamed ...