As ailing US corporates have struggled to service post-crisis loans, the prevalence of cov-lite lending has helped let creditors carve up distressed debt and sometimes cut other lenders out of the ...
Standard Chartered’s market risk-weighted assets (RWAs) rose by 11.5% in the third quarter, reaching $30.6 billion – the bank’s highest level since at least 2016. The latest figure marked a 20.8% ...
Oomen and Muhle-Karbe compared Refinitiv’s WM/R with two other less-established benchmarks: Bloomberg’s BFIX, which is also calculated over a five-minute fixing window; and Siren, with a 20-minute ...