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Chamath Palihapitiya's Nervous 'Gulp' A Sign Of Things To Come? Oracle's Credit Default Swaps Surge Past COVID-19 Levels
Wednesday, January 28, 2026 - 2:29am | 594Read More...Investor Chamath Palihapitiya highlighted Oracle Corp.’s (NYSE:ORCL) surging credit default swaps, hinting at growing unease in credit markets over the debt-fueled AI infrastructure push. CDS Rates Surge Past COVID-19 Levels On Tuesday, in a post on X, Palihapitiya shared a chart showing...
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Credit Suisse Floats Plan For $3B Debt Buyback To Reassure Investors
Friday, October 7, 2022 - 4:56am | 421Read More...Credit Suisse Group AG (NYSE: CS) has offered to buy back its debt securities worth about $3 billion in the backdrop of concerns about the Swiss bank's financial health, which had dragged its share price and led to an increase in bets against its debt. What Happened: Credit Suisse’s...
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Here's The Latest On The Potential Credit Suisse Collapse
Thursday, October 6, 2022 - 2:33pm | 647Read More...Credit Suisse Group AG (NYSE: CS) dominated headlines Monday morning amid rising concerns about the Swiss bank's financial health and new developments continued to unfold pointing to problems with the lender's business. What Happened: According to a...
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Fearful Of Banks, Stifel Notes 'Explosive' Credit Default Swaps Reminiscent Of 2007 And 2011
Tuesday, February 9, 2016 - 12:26pm | 369Read More...In a new report, Stifel analyst Mark Murphy discusses the growing pessimism in the five-year credit default swap (CDS) market for U.S. megabanks Goldman Sachs Group Inc (NYSE: GS), Morgan Stanley (NYSE: MS), Wells Fargo & Co (NYSE: WFC), Citigroup Inc (NYSE: C), JPMorgan Chase & Co. (NYSE...
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Mervyn King Sends Sterling Lower; Inflation Risks Outweighed by Pro-Growth Policy
Wednesday, February 13, 2013 - 11:39am | 530Read More...Outgoing Bank of England Governor Mervyn King sent the pound lower against major pairs Wednesday following the publication of the Bank of England's Quarterly Inflation Report. The report and the ensuing press conference reiterated the Bank's stance to maintain loose policy, even as inflation...
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Goldman Sachs, JP Morgan, Other Big Banks Deciding Fate of Greek CDS's
Thursday, March 1, 2012 - 12:19pm | 523Read More...The International Swaps and Derivatives Association (ISDA) ruled today that the latest debt swap arrangement, which imposes a 53.3% haircut on the Greek bonds, is not a "credit event" that will trigger the credit default swap contracts. Essentially, this means that the investors, who had bought...
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Greek CDS Continues To Spike
Thursday, June 16, 2011 - 1:48pm | 69Read More...Greek credit default swaps continue to rise as the concerns over a Greek default continue to grow by the day. Greek CDS rose 323.5 basis points from yesterday, going to 2,262.2 basis points on the 5 year debt. Yesterday, Prime Minister George Papandreou riled markets as many had been expecting...
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Short These U.S. Banks If Greece Defaults
Thursday, June 16, 2011 - 12:31pm | 384Read More...By now, we know the French and German banks that have Greek debt exposure, and those banks have been hit hard, with their stocks suffering, and their CDS spreads rising. Now we finally get a cumulative look at the U.S. banking sector's exposure to Greek debt, and it is not pretty. According to...
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Bill Ackman Shorting BP Debt (BP)
Thursday, August 26, 2010 - 3:38pm | 177Read More...Pershing Square Capital Management fund manager Bill Ackman said he is shorting BP (NYSE: BP) debt using credit default swaps, writes the New York Post. Ackman said that the company has damaged its ability to operate in the U.S., and as such, Ackman is seeking to profit off this. Ackman also went...
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Stuy Town: The Final Chapter?
Friday, June 25, 2010 - 6:00am | 779Read More...A US District Judge has ruled that a group of lenders can foreclose on Peter Cooper Village and Stuyvesant Town (from now on collectively referred to as Stuy Town). There are quite a few interesting substories to this latest chapter in one of the largest (and worst) real estate...
