Eurex Clearings offer to accelerate the development of a liquid, EU based alternative for the clearing of interest rate swaps
gains broad market support.
Kungsleden AB (STO:KLED) (OSE:KGLED01) announced on Tuesday that it has increased the fixed interest term of its borrowings by entering into new interest rate swaps
We're calling for the banks to provide the right level of compensation to businesses for the interest rate swaps
scandal, and to do so promptly.
BANKING AND CREDIT NEWS-February 28, 2014--CME Clearing Europe wins B of E nod to add more OTC interest rate swaps
Global Banking News-February 24, 2014--Westpac faces lawsuit over interest rate swaps
Generally Accepted Accounting Principles (GAAP) for accounting for interest rate swaps
and, separately, accounting for goodwill in a business combination for private companies.
TIME is running out for businesses that may have been mis-sold interest rate swaps
to seek compensation, a Huddersfield law firm has warned.
It is believed that as many as 40,000 interest rate swaps
could have been mis-sold to small businesses since the end of 2001 after the FSA highlighted serious failings in the sale of the products last summer.
The primary subject matter of this case is the use of interest rate swaps
to lower capital costs and manage interest rate risk.
The addition of our full electronic Euro Interest Rate Swaps
is a significant action in our efforts of providing constant trading strategies to support our strong and unequal trading infrastructures," said Karl Cullen, CEO and Senior Managing Director of Gerstein Global Futures.
ABN AMRO Clearing will expand its centralised OTC Derivatives Clearing Service offering to include central clearing of over-the-counter interest rate swaps
from the beginning of December.
The bank has claimed that central clearing of interest rate swaps
preserves key aspects of the OTC market while reducing counterparty risk inherent in such transactions.