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Taking cues from the travel industry, General Motors plans to relaunch its credit card under a new lender and change how points can be accrued and used on automotive purchases.
General Motors Co. (NYSE: GM) and Barclays US Consumer Bank today announced they have entered into a long-term partnership agreement for Barclays to b ...
This rule purportedly targets “manufactured credit events” and other “opportunistic strategies” in the CDS market that the SEC and other regulators have identified as problematic.
A credit derivative contract used as protection against a potential default on a debt security or for speculation. An investor buying a credit default swap pays a regular fee to transfer the risk ...
Taking cues from the travel industry, General Motors plans to relaunch its credit card under a new lender and change how points can be accrued and used on automotive purchases.
* In finance, an arrangement that provides a bondholder with insurance against default by the bond's issuer, usually in exchange for regular payments. * A form of credit derivative that can be ...
Indeed, commercial banks are among the most active in this market, with the top 25 banks holding more than $13 trillion in credit default swaps — where they acted as either the insured or ...
A credit default swap is a form of insurance on bonds that investors buy and sell. When it looks like a bond issuer might have trouble paying, its CDS prices soar because the bonds are more risky.